Procurement and Maintenance Sample Clauses

The Procurement and Maintenance clause outlines the responsibilities for acquiring and upkeeping goods, equipment, or services necessary for the contract. Typically, it specifies which party is responsible for sourcing required items and ensuring they remain in good working order throughout the agreement's term. For example, a supplier may be required to provide and regularly service machinery used in a project. This clause ensures that essential resources are available and properly maintained, thereby minimizing disruptions and clarifying obligations between the parties.
Procurement and Maintenance. Contractor shall purchase and shall maintain, with financially stable insurers, the insurance coverages (or their equivalent) set forth below with respect to and for the duration of this MSA or any applicable Work Order, at Contractor’s expense.
Procurement and Maintenance. (a) Where P▇▇▇▇ Systems’ Responsibilities include the procurement or lease of assets on GPI’s behalf, unless otherwise agreed, P▇▇▇▇ Systems will, acting as GPI’s agent, procure or lease such assets from vendors or lessors and under contracts specified by GPI. GPI will reimburse P▇▇▇▇ Systems for the assets procured by P▇▇▇▇ Systems on GPI’s behalf, but will not be responsible for any additional fee or other administrative charge associated with P▇▇▇▇ Systems’ procurement activities. Any assets procured will be used solely for the benefit of GPI in the delivery of the Designated Services. (b) P▇▇▇▇ Systems is responsible for the administration of all Equipment maintenance. (c) Maintenance Responsibility for Software shall be in accordance with the Financial Responsibilities Matrix. (d) Where P▇▇▇▇ Systems’ Responsibilities include the purchase of maintenance and warranty obligations as an agent of GPI, P▇▇▇▇ Systems will make such purchases from vendors selected by GPI.
Procurement and Maintenance. VERTEX shall take responsibility for the preparation, filing, prosecution and maintenance of all VERTEX Patents, and any Joint Patents, and SERONO shall be responsible for the preparation, filing, prosecution and maintenance of all SERONO Patents, in each case after consulting from time to time with the other party and the JRC with respect thereto and providing an opportunity for such other party and the JRC to comment. The filing party, with the advice of the other party, shall determine the countries in which applications will be filed. VERTEX shall furnish SERONO with copies of all substantive communications between VERTEX and applicable patent offices regarding the Joint Patents. VERTEX and SERONO shall each provide the JRC with periodic reports listing, by name, any such Patents filed by it in the United States or the European Union, along with a general summary of the claims made and the jurisdictions of filing in the Territory. Each party will provide such assistance as the other party may reasonably request in order to protect the other party's rights to Patents for which it is responsible under this Section 7.2.
Procurement and Maintenance. Throughout the Contract Term, DDA shall procure, operate, maintain and keep in good repair all parking meters for the parking meter zones within the City as designated by the City Council.
Procurement and Maintenance. (a) Where NTT DATA’ Responsibilities include the procurement or lease of assets on GPI’s behalf, unless otherwise agreed, NTT DATA will, acting as GPI’s agent, procure or lease such assets from vendors or lessors and under contracts specified by GPI. GPI will reimburse NTT DATA for the assets procured by NTT DATA on GPI’s behalf, but will not be responsible for any additional fee or other administrative charge associated with NTT DATA’ procurement activities. Any assets procured will be used solely for the benefit of GPI in the delivery of the Designated Services. (b) NTT DATA is responsible for the administration of all Equipment maintenance. (c) Maintenance Responsibility for Software shall be in accordance with the Financial Responsibilities Matrix. (d) Where NTT DATA’ Responsibilities include the purchase of maintenance and warranty obligations as an agent of GPI, NTT DATA will make such purchases from vendors selected by GPI.