Common use of Loaner Equipment Clause in Contracts

Loaner Equipment. If (i) Products will be removed from a Facility for a period in excess of ( ) [hours/days] to perform necessary repairs, service and/or maintenance, or (ii) Products will not be useable by a Facility for a period of greater than _ ( ) [hours/days] due to Company performing any necessary repairs, service and/or maintenance, then Company will, at no additional charge to Saint Luke’s or the Facility, loan the Facility a Product (being the same Product being serviced, herein the “Loaner Product”) for use by the Facility. The Loaner Product shall be provided at the commencement of the service described herein, and shall be retained and used by the Facility until the Product being serviced is returned to the Facility and is fully operational (the “Service Period”). All of the Product representations and warranties herein, and obligations of Company herein, shall apply to the Loaner Product. Company shall be responsible for provision of the Loaner Product to the Facility at the commencement of the Service Period and shall promptly retrieve the Loaner Product at the end of the Service Period; a Facility may not, and will cease all use of a Loaner Product, upon conclusion of the Service Period. Company is responsible for all costs of shipment and transport of the Loaner Product to and from the Facility.

Appears in 6 contracts

Samples: Master Purchasing Agreement, Master Purchasing Agreement, Master Purchasing Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!