Common use of Obligations in relation to Assets Clause in Contracts

Obligations in relation to Assets. The Recipient must: (a) not Dispose of any Asset, or deal with any Asset other than in accordance with this Agreement, without having obtained the prior written approval of the Department, which will not be unreasonably withheld; (b) maintain all Assets in good working order; (c) insure any Asset for its full replacement value; (d) be fully responsible for, and bear all risks arising in relation to, the use or Disposal of any Asset; (e) maintain a register of all Assets, recording the date of purchase or lease, the purchase or lease price, Asset description, Asset location, the proportion of the Funds used to create or acquire the Asset, the value of the Asset and (where approved under clause 29.3(a)) details of Disposal of the Asset, including the sale price; and (f) as and when requested, provide copies of the register of Assets to the Department.

Obligations in relation to Assets. The Recipient must: (a) not Dispose of any Asset, or deal with any Asset other than in accordance with this Agreement, without having obtained the prior written approval of the Department, which will not be unreasonably withheld; (b) maintain all Assets in good working order; (c) insure any Asset for its full replacement value; (d) be fully responsible for, and bear all risks arising in relation to, the use or Disposal of any Asset; (e) maintain a register of all Assets, recording the date of purchase or lease, the purchase or lease price, Asset description, Asset location, the proportion of the Funds used to create or acquire the Asset, the value of the Asset and (where approved under clause 29.3(a30.3(a)) details of Disposal of the Asset, including the sale price; and (f) as and when requested, provide copies of the register of Assets to the Department.

Obligations in relation to Assets. The Recipient must: (a) not Dispose of any Asset, or deal with any Asset other than in accordance with this Agreement, without having obtained the prior written approval of the Department, which will not be unreasonably withheld; (b) maintain all Assets in good working order; (c) insure any Asset for its full replacement value; (d) be fully responsible for, and bear all risks arising in relation to, the use or Disposal of any Asset; (ed) maintain a register of all Assets, recording the date of purchase or lease, the purchase or lease price, Asset description, Asset location, the proportion of the Funds used to create or acquire the Asset, the value of the Asset, the estimated life of the Asset, rate of depreciation of the Asset and (where approved under clause 29.3(a8.3(a)) details of Disposal of the Asset, including the sale price; and (fe) as and when requested, provide copies of the register of Assets to the Department.

Obligations in relation to Assets. The Recipient must: (a) not Dispose of any Asset, or deal with any Asset other than in accordance with this Agreement, without having obtained the prior written approval of the Department, which will not be unreasonably withheld; (b) maintain all Assets in good working order; (c) insure any Asset for its full replacement value; (d) be fully responsible for, and bear all risks arising in relation to, the use or Disposal of any Asset; (e) maintain a register of all Assets, recording the date of purchase or lease, the purchase or lease price, Asset description, Asset location, the proportion of the Funds used to create or acquire the Asset, the value of the Asset and (where approved under clause 29.3(a31.3(a)) details of Disposal of the Asset, including the sale price; and (f) as and when requested, provide copies of the register of Assets to the Department.