Maintenance; Risk of Loss. BORROWER shall perform and pay for all maintenance and maintain a true and accurate log of all maintenance performed on the Property as required by any (i) operating procedures, manuals, service bulletins or other instructions provided by SNAP-ON; (ii) other applicable publications; and (iii) all applicable government directives, laws, rules and regulations, if any. BORROWER is responsible for and assumes risk for all loss or damage to or caused by the Property from whatever cause, including, without limitation, any loss, accident, injury to a person or property, foreign object damage, or other event, from the point of delivery of Property to BORROWER.
Maintenance; Risk of Loss. Seller shall bear all risk of loss of and damage to Bailed Property. Seller shall, at its own expense, for the benefit of Buyer, insure all Bailed Property with full and extended coverage for all losses, for its full replacement value, in accordance with the terms of 3316. As and when it is commercially reasonable to do so, Seller shall, at its sole cost and expense, maintain, repair, refurbish and replace Bailed Property. All replacement parts, additions, improvements, and accessories for such Bailed Property will automatically become Buyer's property upon their incorporation into or attachment to the Bailed Property. All replacements of Bailed Property will also be Xxxxx's property. Seller shall replace any missing components of or inserts to any Bailed Property.
Maintenance; Risk of Loss. (a) Seller will maintain the Property, and any personal property specified herein in its present condition, normal wear and tear excepted.
(b) Seller will promptly notify the Buyer if, at any time prior to the time of settlement, all or any portion of the Property is condemned, destroyed, or damaged as a result of any cause whatsoever.
(c) Seller will bear risk of loss from fire or other causes until time of settlement. In the event that damage to any property included in this sale is not repaired or replaced prior to settlement, Buyer will have the option of rescinding this Agreement and receiving the return of all deposit monies, if any, or accepting the Property in its then condition together with the proceeds of any insurance recovery obtained by Seller or if Seller's claim is pending at the time of Closing, an assignment of each of such claims of Seller. Buyer is hereby notified that it may insure its equitable interest in the Property as of the time this Agreement is accepted.
Maintenance; Risk of Loss. Fastrain shall bear reasonable risk of loss of and damage to Bailed Property. EMCORE shall, at its own expense, for the benefit of EMCORE, insure all Bailed Property with full and extended coverage for all losses, for its full replacement value, in accordance with the terms of Section 16. As and when it is commercially reasonable to do so, Fastrain shall bear the cost and expense, maintain, repair, refurbish and replace Bailed Property, unless otherwise agreed by EMCORE after good faith discussion. All replacement parts, additions, improvements, and accessories for such Bailed Property will automatically become EMCORE's property upon their incorporation into or attachment to the Bailed Property. All replacements of Bailed Property will also be EMCORE's property. Fastrain shall replace any missing components of or inserts to any Bailed Property.
Maintenance; Risk of Loss. (9-05)
(A) Seller will maintain the Property, grounds, fixtures and personal property specifically listed in this Agreement in its present condition, normal wear and tear excepted.
(B) If any system or appliance included in the sale of the Property fails before settlement, Seller will: this Agreement.
Maintenance; Risk of Loss. ACRO shall bear all risk of loss of and damage to Bailed Property. ACRO shall, at its own expense, for the benefit of HI-POWER, insure all Bailed Property with full and extended coverage for all losses, for its full replacement value, in accordance with the terms of Article 13. As and when it is commercially reasonable to do so, ACRO shall, at its sole cost and expense, maintain, repair, refurbish and replace Bailed Property. All replacement parts, additions, improvements, and accessories for such Bailed Property will
Maintenance; Risk of Loss. Manufacturer shall bear all risk of loss of and damage to Bailed Property. Manufacturer shall, at its own expense, for the benefit of Mirion, insure all Bailed Property with full and extended coverage for all losses, for its full replacement value, in accordance with the terms of Section 16. As and when it is commercially reasonable to do so, Manufacturer shall, at its sole cost and expense, maintain the Bailed Property. All replacement parts, additions, improvements, and accessories for such Bailed Property paid for by Mirion will automatically become Mirion's property upon their incorporation into or attachment to the Bailed Property. All Bailed Property which must be replaced at Mirion's sole cost and expense in the ordinary course due to ordinary wear and tear will also be Mirion's property. Manufacturer shall, at its sole cost and expense, replace any missing components of or inserts to any Bailed Property where such loss is due to Manufacturer's negligence.
Maintenance; Risk of Loss. Pure shall bear all risk of loss of and damage to Pure Property unless such loss or damage is due to ICC’s negligence, in which case, ICC shall bear the risk of loss and damage to Pure Property. ICC shall, at its own expense, for the benefit of Pure, insure all ICC-owned inventory. Pure shall, at its own expense, for the benefit of ICC, insure all Pure Property with full and extended coverage for all losses, for its full replacement value, in accordance with the terms of Section 16. ICC shall not attempt to disassemble, maintain, repair, refurbish or replace any Pure Property. All replacement parts, additions, improvements, and accessories for such Pure Property will automatically become Pure Property upon their incorporation into or attachment to the Pure Property. All replacements of Pure Property will also be Pure Property. Pure shall solely bear the expense for any routine maintenance to the Pure Property.
Maintenance; Risk of Loss. Societal CDMO shall bear risk of loss of and damage to Bailed Property. Societal CDMO shall, at its own expense, insure all Bailed Property with a special form property policy, for its replacement value, in accordance with the terms of Section 13.7. As and when it is commercially reasonable to do so, Client shall, at its sole cost and expense, maintain, repair, refurbish and replace Bailed Property. All replacement parts, additions, improvements, and accessories that are paid for by the client will be noted as Client’s property upon their incorporation into or attachment to the Bailed Property. All replacements of Bailed Property will also be Client’s property. Client shall replace any missing components of or inserts to any Bailed Property.
Maintenance; Risk of Loss. Subparagraph (A) Subparagraph (B)
