Common use of Returns, Repairs and Replacements Clause in Contracts

Returns, Repairs and Replacements. Upon the termination of this License with respect to any Communication Product, the Client agrees to return all copies of such Communication Product and related documentation to the Custodian. The Client agrees to pay any shipping charges incurred in connection with the return of any Communication Product to the Custodian for replacement, update or upon termination of this License with respect to such Communication Product. Communication Products that are lost, damaged or otherwise rendered inoperable due to the Client's negligent, reckless or intentional misuse, or due to reasons beyond the Custodian's control, shall be repaired or replaced at the Client's expense. Communication Product repairs shall only be performed by the Custodian or a party authorized by the Custodian to perform such repairs.

Appears in 5 contracts

Samples: Global Custody Agreement (Consulting Group Capital Markets Funds), Custody Agreement (Maxim Series Fund Inc), Global Custody Agreement (Smith Barney Shearson Precious Metals & Mineral Fund Inc)

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Returns, Repairs and Replacements. Upon the termination of this License with respect to any Communication Product, the Client agrees to return all copies of such Communication Product and related documentation to the Custodian. The Client agrees to pay any shipping charges incurred in connection with the return of any Communication Product to the Custodian for replacement, update or upon termination of this License with respect to such Communication Product. Communication Products that are lost, damaged or otherwise rendered inoperable due to the Client's ’s negligent, reckless or intentional misuse, or due to reasons beyond the Custodian's ’s control, shall be repaired or xx.xx replaced at the Client's ’s expense. Communication Product repairs shall only be performed by the Custodian or a party authorized by the Custodian to perform such repairs.

Appears in 1 contract

Samples: Global Custody Agreement

Returns, Repairs and Replacements. Upon the termination of this License with respect to any Communication Product, the Client agrees to return all copies of such Communication Product and related documentation to the Custodian. The Client agrees to pay any shipping charges incurred in connection with the return of any Communication Product to the Custodian for replacement, update or upon termination of this License with respect to such Communication Product. Communication Products that are lost, damaged or otherwise rendered inoperable due to the Client's ’s negligent, reckless or intentional misuse, or due to reasons beyond the Custodian's ’s control, shall be repaired or replaced at the Client's ’s expense. Communication Product repairs shall only be performed by the Custodian or a party authorized by the Custodian to perform such repairs.

Appears in 1 contract

Samples: Global Custody Agreement (Maxim Series Fund Inc)

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Returns, Repairs and Replacements. Upon the termination of this --------------------------------- License with respect to any Communication Product, the Client agrees to return all copies of such Communication Product and related documentation to the Custodian. The Client agrees to pay any shipping charges incurred in connection with the return of any Communication Product to the Custodian for replacement, update or upon termination of this License with respect to such Communication Product. Communication Products that are lost, damaged or otherwise rendered inoperable due to the Client's negligent, reckless or intentional misuse, or due to reasons beyond the Custodian's control, shall be repaired or replaced at the Client's expense. Communication Product repairs shall only be performed by the Custodian or a party authorized by the Custodian to perform such repairs.

Appears in 1 contract

Samples: Global Custody Agreement (Delaware Pooled Trust Inc)

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