OYO LIFE Smart Key Terms Sample Clauses

OYO LIFE Smart Key Terms. OYO LIFE reserves the right to install within the Property premises device(s) to monitor and allow for energy efficiency, guest safety and enhanced resident experience. The Partner authorizes OYO LIFE or it’s representatives to install, repair, maintain, and conduct periodic checks of such device(s). The Partner further undertakes to: a) Provide unfettered and unhindered access to OYO LIFE employees or representatives to inspect, install, repair, maintain and carry periodic checks of such device(s); b) Allow OYO LIFE to install such device(s) at a place, determined by OYO LIFE for the optimal functioning of the device(s); c) Operate the device(s) per the instructions provided by OYO LIFE; and d) Inform OYO LIFE immediately in the event the device(s) is damaged, malfunctions, destroyed or tampered with. Notwithstanding the foregoing, any act or omission (direct or indirect) on part of the Property resulting in the removal, tampering, damage, destruction and/ or loss of the device(s) including acts or omissions impacting the performance of such device(s) shall be considered a breach of the terms of the Agreement and OYO LIFE shall, at the Partner’s cost, undertake activities to repair or maintain or rectify such breach. Furthermore, the Partner shall be liable to pay an amount equal to INR 200/- (Indian National Rupees Two Hundred only) per device as liquidated damages for each day that the device(s) is out of operation on account of the Partner’s acts or omissions and OYO LIFE reserves the right to recover (and the Partner authorizes OYO LIFE to deduct from any due to the Property) such amounts from the monthly reconciliation of accounts. In the event of expiry or early termination of the Agreement, the Partner shall be responsible for returning the device(s), in good working condition subject to normal wear and tear, to OYO LIFE.
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