Tagging, Removal and Replacement of Equipment Sample Clauses

Tagging, Removal and Replacement of Equipment. The parties acknowledge that the Hospital is being furnished and equipped at County’s expense prior to opening. In order that County may maintain an appropriate inventory of the furniture and equipment, Company agrees to assist County by tagging, in the manner customarily used by the County, all furniture and equipment with a cost in excess of One Thousand Dollars ($1000). As new furniture or equipment is obtained by County during the term of the Lease (and any extension) with a cost in excess of One Thousand Dollars ($1000), Company will continue to assist County by tagging such items. The Company shall have the right to remove from the Hospital and (on behalf of the County) sell, exchange or otherwise dispose of, without responsibility or accountability to the County with respect thereto except as set forth below, any items of furniture, fixtures, machinery and equipment which constitute a part of the Hospital and which have become inadequate, obsolete, worn out, unsuitable, undesirable or unnecessary or which, in the sound discretion of the Company, are otherwise no longer useful to the Company in its operations conducted on or in the Hospital; provided that, Company shall promptly replace any such furniture, fixture, machinery or equipment so removed with furniture, fixture, machinery and equipment of the same or a different kind but with a value and function equal to or greater than the fair market value of the furniture, fixture, machinery or equipment so removed. All Replacement Equipment shall become and be deemed a part of the Hospital, as Added Assets. Company shall report the disposal of any tagged items to County so that County may maintain the accuracy of its inventory. Notwithstanding the foregoing, Company shall provide notice to County prior to the disposal of any furniture, fixtures, machinery or equipment that may have any salvage value or that may be put to other use and provide County with a reasonable opportunity to inspect and remove, at County’s expense, any such furniture, fixtures, machinery or equipment that County desires to retain.
Sample 1
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Related to Tagging, Removal and Replacement of Equipment

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  • STANDARD EQUIPMENT All items of standard equipment which are provided by the OEM shall be furnished unless such items are expressly deleted by the Authorized User or are specified to be other than standard in the Mini-Bid. When Optional equipment is specified, all components listed in the OEM’s data book as being included with the Option shall be furnished.

  • Maintenance, Repair and Replacement Subject to the provisions of Article 10.00 and payment by the Tenant of Rent, the Landlord shall operate, maintain, repair and replace the systems, facilities and equipment necessary for the proper operation of the Project and for provision of the Landlord's Services set out in Section 6.02 (except as may be installed by or be the property of the Tenant) and shall maintain and repair the foundations, structure and roof of the Building and repair damage to the Building which the Landlord is obligated to insure against under Article 9.00, provided that:

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