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Common use of Repossession Clause in Contracts

Repossession. In the event of disconnection, it shall be the responsibility of the Customer to return the Company Hardware to the Company as per the existing return policy of the Company. Notwithstanding the foregoing, Company reserves the right to repossess the Company Hardware and/or claim damages from Subscriber if the Company Hardware is (i) stolen or lost (ii) damaged or (iii) used unauthorized (iv) not returned by the Subscriber upon cancellation, deactivation or completion of the Term or at the instruction of the Company. Non-exercise by the Company, of this right of re-possession, does not operate as a waiver on the part of the Company, from exercising this right. Subscriber undertakes to return the Company Hardware immediately on temporary suspension of service or disconnection for any reason. Subscriber shall not claim any interest, charge or lien on the Company Hardware, even if any dispute is pending for resolution between the Subscriber and the Company.

Appears in 13 contracts

Samples: Subscription Contract, Subscription Contract, Subscription Contract

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Repossession. In the event of disconnection, it shall be the responsibility of the Customer to return the Company Hardware CPE to the Company as per the existing return policy of the Company. Notwithstanding the foregoing, Company reserves the right to repossess the Company Hardware CPE and/or claim damages from Subscriber if the Company Hardware CPE is (i) stolen or lost (ii) damaged or (iii) used unauthorized (iv) not returned by the Subscriber upon cancellation, deactivation or completion of the Term or at the instruction of the Company. Non-exercise by the Company, of this right of re-possession, does not operate as a waiver on the part of the Company, from exercising this right. Subscriber undertakes to return the Company Hardware CPE immediately on temporary suspension of service or disconnection for any reason. Subscriber shall not claim any interest, charge or lien on the Company HardwareCPE, even if any dispute is pending for resolution between the Subscriber and the Company.

Appears in 6 contracts

Samples: Subscription Contract, Subscription Contract, Subscription Contract

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