Common use of Property Inventory and Protection of Assets Clause in Contracts

Property Inventory and Protection of Assets. Grantee will; 1. maintain an inventory of equipment, supplies defined as controlled assets, and property described in this Contract and submit to the assigned contract manager, upon request. 2. maintain, repair, and protect assets under this Contract to assure their full availability and usefulness. 3. if Grantee is indemnified, reimbursed, or otherwise compensated for any loss of, destruction of, or damage to the assets provided or obtained under this Contract, use the proceeds to repair or replace those assets.

Appears in 123 contracts

Samples: Grant Agreement, Grant Contract, Treatment for Youth Local Behavioral Health Authority Agreement

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Property Inventory and Protection of Assets. Grantee will;shall: 1. maintain an inventory of equipment, supplies defined as controlled assets, and property described in this Contract and submit to the assigned contract manager, upon request. 2. maintain, repair, and protect assets under this Contract to assure their full availability and usefulness. 3. if Grantee is indemnified, reimbursed, or otherwise compensated for any loss of, destruction of, or damage to the assets provided or obtained under this Contract, use the proceeds to repair or replace those assets.

Appears in 41 contracts

Samples: Comprehensive, Continuum of Care for Females Contract, Comprehensive, Continuum of Care for Females Contract, Co Occurring Psychiatric and Substance Use Disorders Services Contract

Property Inventory and Protection of Assets. Grantee will;shall: 1. maintain an inventory of equipment, supplies defined as controlled assets, and property described in this Contract and submit to the assigned contract manager, upon request. 2. maintain, repair, and protect assets under this Contract to assure their full availability and usefulness. 3. if Grantee is indemnified, reimbursed, or otherwise compensated for any loss of, destruction of, or damage to the assets provided or obtained under this Contract, use the proceeds to repair or replace those assets.. ATTACHMENT E (REVISED AUGUST 2021)

Appears in 26 contracts

Samples: Treatment for Females (Trf) Services Agreement, Treatment for Females (Trf) Services Agreement, Treatment for Adult (Tra) Services Agreement

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Property Inventory and Protection of Assets. Grantee will;: 1. maintain Maintain an inventory of equipment, supplies defined as controlled assets, and property described in this Contract and submit to the assigned contract manager, upon request. 2. maintainMaintain, repair, and protect assets under this Contract to assure their full availability and usefulness. 3. if If Grantee is indemnified, reimbursed, or otherwise compensated for any loss of, destruction of, or damage to the assets provided or obtained under this Contract, use the proceeds to repair or replace those assets.

Appears in 14 contracts

Samples: Neonatal Abstinence Syndrome Medication Assisted Treatment Contract, Health and Human Services Commission Contract, Neonatal Abstinence Syndrome – Medicated Assisted Treatment Contract

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