Common use of Leased Equipment Clause in Contracts

Leased Equipment. The risk of loss or damage to leased equipment, goods or property shall not transfer to the University except as provided in §680.219, Florida Statutes. Any security interest in the leased equipment, goods or property granted to the Contractor contrary to AGO 79-72 and AGO 80-9 is null and void. Limitations of remedies provisions, which are unconscionable under applicable Florida law, are void.

Leased Equipment. The risk of loss or damage to leased equipment, goods or property shall not transfer to the University except as provided in §680.219, Florida Statutes. Any security interest in the leased equipment, goods or property granted to the Contractor contrary to AGO 79-72 and AGO 80-9 is null and void. Limitations Limitation of remedies provisions, which are unconscionable under applicable Florida law, are void.

Leased Equipment. The risk of loss or damage to leased equipment, goods or property shall not transfer to the University except as provided in §680.219, Florida Statutes. Any security interest in the leased equipment, goods or property granted to the Contractor Payee contrary to AGO 79-72 and AGO 80-9 is null and void. Limitations Limitation of remedies provisions, which are unconscionable under applicable Florida law, are void.