Common use of Property and Equipment Clause in Contracts

Property and Equipment. 1) The Grantee will operate the property and equipment funded with this Agreement for the originally authorized purpose. 2) If the Grantee is not the entity operating the property and/or equipment funded with this Agreement, then the Grantee represents that it will ensure the property and equipment funded with this Agreement will be used for the originally authorized purpose, if necessary, through appropriate arrangements with: i. The entity or entities operating the property and/or equipment funded with this Agreement; and ii. If applicable, the owner of right-of-way used by the property and/or equipment funded with this Agreement.

Property and Equipment. 1) The Grantee will operate the property and equipment funded with this Agreement for the originally authorized purpose. 2) . If the Grantee is not the entity operating the property and/or equipment funded with this Agreement, then the Grantee represents that it will ensure the property and equipment funded with this Agreement will be used for the originally authorized purpose, if necessary, through appropriate arrangements with: i. : The entity or entities operating the property and/or equipment funded with this Agreement; and ii. and If applicable, the owner of right-of-way used by the property and/or equipment funded with this Agreement.