SUPPLIES, MATERIALS AND INVENTORY Clause Samples

SUPPLIES, MATERIALS AND INVENTORY a. Use of Existing Supplies, Materials and Inventory. During the term of this agreement, all supplies, materials, and inventory located in or on the Medical Facilities shall be subject to the control, consumption, disposition and replacement by the Lessee/Operator for use in its operation and management of those facilities. b. Repair or Replacement. Supplies, materials and inventory that need to be repaired or replaced will be repaired or replaced by the Lessee/Operator, at its expense, if necessary to the operation and management of the Medical Facilities. At the termination of this agreement, replacement supplies, materials, and inventory shall remain the sole property of the Borough or its successors or assigns, if any.