Common use of Purchase of Equipment Clause in Contracts

Purchase of Equipment. A. Equipment identified in this Agreement is approved for purchase. B. Equipment not identified in this Agreement shall be subject to prior written approval from the CAM. C. All equipment purchased with Energy Commission funds shall be made subject to the following terms and conditions: 1) The CAO will complete a Uniform Commercial Code (UCC. 1) Financing Statement and submit it to the Contractor for signature. The CAO will file the signed UCC.1 with the Secretary of State’s Office. Invoices for equipment purchases associated with a UCC.1 will not be processed until the UCC.1 has been filed with the Secretary of State's Office. 2) Title to all non-expendable equipment purchased in part or in whole with Commission funds shall remain with the Energy Commission. 3) Contractor shall assume all risk for maintenance, repair, destruction and damage to equipment while in the possession or subject to the control of Contractor. Contractor is not expected to repair or replace equipment that is intended to undergo significant modification or testing to the point of damage/destruction as part of the work described in Exhibit A, Scope of Work. D. Upon termination or completion of this Agreement, or Work Authorization, if applicable, the Executive Director of the Energy Commission may: 1) Authorize the continued use of such equipment. 2) Request equipment is delivered to the Energy Commission with any costs incurred for such return to be borne by the Energy Commission.

Purchase of Equipment. A. Equipment Only equipment identified in this Agreement is approved for purchase. B. . Equipment not identified in this Agreement shall be subject to prior written approval from the CAM. C. B. All equipment purchased with Energy Commission funds shall be made subject to the following terms and conditions: 1) The CAO will complete a Uniform Commercial Code (UCC. 1) Financing Statement and submit it to the Contractor for signature. The CAO will file the signed UCC.1 with the Secretary of State’s Office. Invoices for equipment purchases associated with a UCC.1 will not be processed until the UCC.1 has been filed with the Secretary of State's Office. 2) Title to all non-expendable equipment purchased in part or in whole with Commission funds shall remain with the Energy Commission. 3) Contractor shall assume all risk for maintenance, repair, destruction and damage to equipment while in the possession or subject to the control of Contractor. Contractor is not expected to repair or replace equipment that is intended to undergo significant modification or testing to the point of damage/destruction as part of the work described in Exhibit A, Scope of Work. D. C. Upon termination or completion of this Agreement, or Work Authorization, if applicable, the Executive Director of the Energy Commission may: 1) Authorize the continued use of such equipment. 2) Request equipment is delivered to the Energy Commission with any costs incurred for such return to be borne by the Energy Commission.

Purchase of Equipment. A. Equipment identified in this Agreement is approved for purchase. B. Equipment not identified in this Agreement shall be subject to prior written approval from the CAM. C. All equipment purchased with Energy Commission funds shall be made subject to the following terms and conditions: 1) The CAO will complete a Uniform Commercial Code (UCC. 1) Financing Statement and submit it to the Contractor for signature. The CAO will file the signed UCC.1 with the Secretary of State’s Office. Invoices for equipment purchases associated with a UCC.1 will not be processed until the UCC.1 has been filed with the Secretary of State's Office. 2) Title to all non-expendable equipment purchased in part or in whole with Commission funds shall remain with the Energy Commission. 3) Contractor shall assume all risk for maintenance, repair, destruction and damage to equipment while in the possession or subject to the control of Contractor. Contractor is not expected to repair or replace equipment that is intended to undergo significant modification or testing to the point of damage/destruction as part of the work described in Exhibit A, Scope of Work. D. Upon termination or completion of this Agreement, or Work Authorization, if applicable, the Executive Director of the Energy Commission may: 1) Authorize the continued use of such equipment. 2) . Request equipment is delivered to the Energy Commission with any costs incurred for such return to be borne by the Energy Commission.