Common use of Return of Equipment upon Termination Clause in Contracts

Return of Equipment upon Termination. If your Service is terminated for any reason and you received Equipment from LUS Fiber, you must promptly return the Equipment to LUS Fiber in satisfactory condition, except for ordinary wear and tear resulting from normal use, or you will be charged for the Equipment. In addition to any and all other rights available under applicable law, LUS Fiber reserves the right to withhold any refund due to you until your Equipment is returned to LUS Fiber in undamaged condition and to apply any refund due to you against the replacement cost of your Equipment which is not returned to LUS Fiber in undamaged condition.

Appears in 9 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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