Common use of OWNERSHIP OF THE EQUIPMENT Clause in Contracts

OWNERSHIP OF THE EQUIPMENT. 9.1 Except as detailed in clause 9.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the Equipment. Your rights to use the Equipment are as a bailee only. 9.2 Except in the circumstances set out in clause 10, You are not entitled to offer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way. 9.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 You acknowledge that We may hire or lease Equipment from a third party if we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with the Third Party Owner.

Appears in 4 contracts

Samples: Hire Agreement, Hire Agreement, Client Agreement

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OWNERSHIP OF THE EQUIPMENT. 9.1 Except as detailed in clause 9.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the EquipmentEquipment (even if You go into liquidation or become bankrupt during the Hire Period). Your rights to use the Equipment are as a bailee only. 9.2 Except in the circumstances set out in clause 10, You are not entitled to offer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way. 9.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 You acknowledge that We may hire or lease Equipment from a third party if we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with the Third Party Owner.

Appears in 2 contracts

Samples: Hire Agreement, Hire Agreement

OWNERSHIP OF THE EQUIPMENT. 9.1 5.1 Except as detailed in clause 9.45.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the Equipment. Your rights to use the Equipment are as a bailee only. 9.2 5.2 Except in the circumstances set out in clause 106, You are not entitled to offer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way. 9.3 5.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 5.4 You acknowledge that We may hire or lease Equipment from a third party if we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with the Third Party Owner.

Appears in 2 contracts

Samples: Hire Contract, Hire Contract

OWNERSHIP OF THE EQUIPMENT. 9.1 Except as detailed in clause 9.49.3, You acknowledge that We own the Equipment and in all circumstances We retain title to the EquipmentEquipment (even if You go into liquidation or become bankrupt during the Rental Period). Your rights to use the Equipment are as a bailee only. 9.2 Except in the circumstances set out in clause 10, You are not entitled to offer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way. 9.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 You acknowledge that We may hire rent or lease Equipment from a third party if we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with the Third Third-Party Owner.

Appears in 2 contracts

Samples: Service & Rental Terms & Conditions, Service & Rental Terms & Conditions

OWNERSHIP OF THE EQUIPMENT. 9.1 Except as detailed in clause 9.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the Equipment. Your rights to use the Equipment are as a bailee only. 9.2 Except in the circumstances set out in clause 10, You are not entitled to offer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest securityinterest over, or otherwise deal otherwisedeal with the Equipment in any way. 9.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 You acknowledge that We may hire or lease Equipment from a third party if we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with remainswith the Third Party Owner.

Appears in 1 contract

Samples: Client Agreement – Design, Certification and Installation Services

OWNERSHIP OF THE EQUIPMENT. 9.1 Except as detailed in clause 9.4, You acknowledge that We we own the Equipment and in all circumstances We circumstances, we retain title to the Equipment. Your rights to use the Equipment are as a bailee only. 9.2 Except in the circumstances set out in clause 10, You you are not entitled to offer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way. 9.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 You acknowledge that We we may hire or lease Equipment from a third third-party if we cannot provide the Equipment to You you (“Third Third-Party Owner”), and if this occurs, title in the Equipment remains with the Third Third-Party Owner.

Appears in 1 contract

Samples: Hire Agreement

OWNERSHIP OF THE EQUIPMENT. 9.1 Except as detailed in clause 9.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the EquipmentEquipment (even if You go into liquidation or become bankrupt during the Rental Period). Your rights to use the Equipment are as a bailee only. 9.2 Except in the circumstances set out in clause 10, You are not entitled to offer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way. 9.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 You acknowledge that We may hire rent or lease Equipment from a third party if we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with the Third Party Owner.

Appears in 1 contract

Samples: Service & Rental Agreement

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OWNERSHIP OF THE EQUIPMENT. 9.1 9.1. Except as detailed in clause 9.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the Equipment. Your rights to use the Equipment are as a bailee only. 9.2 9.2. Except in the circumstances set out in clause 10, You are not entitled to offer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way. 9.3 9.3. In no circumstances will the Equipment be deemed to be a fixture. 9.4 9.4. You acknowledge that We may hire or lease Equipment from a third party if we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with the Third Party Owner.

Appears in 1 contract

Samples: Hire Agreement

OWNERSHIP OF THE EQUIPMENT. 9.1 11.1 Except as detailed in clause 9.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the EquipmentEquipment (even if You go into liquidation or become bankrupt during the Hire Period). Your rights to use the Equipment are as a bailee only. 9.2 11.2 Except in the circumstances set out in clause 10, You are not entitled to offer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way.. 11.3 In no 9.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 11.4 You acknowledge that We may hire or lease Equipment from a third party if we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with the Third Party Owner.

Appears in 1 contract

Samples: Hire Agreement

OWNERSHIP OF THE EQUIPMENT. 9.1 Except as detailed in clause 9.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the Equipment. Your rights to use the Equipment are as a bailee only. 9.2 Except in the circumstances set out in clause 10, You are not entitled to offer, sell, assign, sub-letsub‐let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way. 9.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 You acknowledge that We may hire or lease Equipment from a third party if we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with the Third Party Owner.

Appears in 1 contract

Samples: Hire Agreement

OWNERSHIP OF THE EQUIPMENT. 9.1 7.1 Except as detailed in clause 9.4, You acknowledge that We own the Equipment and and, in all circumstances circumstances, We retain title to the Equipment. Your rights to use the Equipment are as a bailee only. 9.2 7.2 Except in the circumstances set out in clause 10, You are not entitled to offertooffer, sell, assign, sub-let, charge, mortgage, pledge or create any form of security interest over, or otherwise deal with the Equipment in any way. 9.3 7.3 In no circumstances will the Equipment be deemed to be a fixture. 9.4 7.4 You acknowledge that We may hire or lease Equipment from a third party if partyif we cannot provide the Equipment to You (“Third Party Owner”), and if this occurs, title in the Equipment remains with the Third Party Owner.

Appears in 1 contract

Samples: Hire Agreement

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