Common use of Replacement Equipment Clause in Contracts

Replacement Equipment. Should Manager determine that any then existing Equipment utilized in the operations of Group is worn out or obsolete and it is unreasonable, impossible, or economically impractical to repair; and if Manager further determines that such Equipment is necessary or appropriate for the efficient and proper operation of Group; then Manager shall procure replacement Equipment.

Appears in 4 contracts

Samples: Management Services Agreement (Talbert Medical Management Holdings Corp), Management Services Agreement (Talbert Medical Management Holdings Corp), Management Services Agreement (Talbert Medical Management Holdings Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!