Common use of Sponsor-Lent Required Equipment Clause in Contracts

Sponsor-Lent Required Equipment. If a Protocol specifies that the Required Equipment will be lent to the Institution/Principal Investigator for the duration of a Study, Sponsor or its representative shall provide the Required Equipment. Such Required Equipment shall remain Sponsor's or its representative's property at all times and shall be identified as such and can only be used to perform Study. The Institution/Principal Investigator shall ensure that the Required Equipment is stored and used properly. Upon termination or expiration of Study, Institution/Principal Investigator shall, at Sponsors expense, return Sponsor-Lent Required Equipment to Sponsor.

Appears in 4 contracts

Samples: Clinical Trial Agreement, Clinical Trial Agreement, Clinical Trial Agreement

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