Common use of Sale or Disposal Clause in Contracts

Sale or Disposal. Unless notified by Us otherwise in the Service Agreement, if You no longer require an asset, for whatever reason (including redundancy of the asset, dilapidation or the need for upgrading) You will: (a) use Your best endeavours to achieve fair market value upon sale of the asset; (b) apply sale proceeds only for the Services.

Appears in 7 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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