Common use of Title and Maintenance Clause in Contracts

Title and Maintenance. During the Term of this Agreement, Company grants to Saint Luke’s the right to use the Equipment on the terms and conditions hereinafter set forth. Title to the Equipment, including any improvements thereto, shall be and remain in Company at all times. Saint Luke’s agrees to take no action that it knows would adversely affect Company’s title to or interest in the Equipment. At all times, Saint Luke’s shall use the Equipment hereunder in a careful and proper manner, and in accordance with all applicable Company written specifications, which Company shall provide to Saint Luke’s with the Equipment. All maintenance, repair and replacement, if necessary, of the Equipment shall be performed by Company, including, where necessary, the replacement or substitution of parts, and Company shall be responsible for the cost of any such maintenance, repair or replacement (such costs being included in the Fees to be paid hereunder), except for such repairs as are occasioned by the gross negligence, reckless or willful conduct of Saint Luke’s, which shall be the financial responsibility of Saint Luke’s. Saint Luke’s shall not undertake any repairs or modifications to the Equipment without the express written consent of Company. Saint Luke’s shall promptly notify Company of any defective or malfunctioning Equipment.

Appears in 1 contract

Samples: Equipment Rental Agreement

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Title and Maintenance. During the Term of this Agreement, Company grants to Saint Luke’s the right to use the Equipment on the terms and conditions hereinafter set forth. Title to the EquipmentEquipment (or, if applicable, sole rights as a lessee thereof, pursuant to any leasing agreement by and between Company and a third party), including any improvements thereto, shall be and remain in Company at all times. Saint Luke’s agrees to take no action that it knows would adversely affect Company’s title to or interest in the Equipment. At all times, Saint Luke’s shall use the Equipment hereunder in a careful and proper manner, and in accordance with all applicable Company written specifications, which Company shall provide to t Saint Luke’s with the Equipment. All maintenance, repair and replacement, if necessary, of the Equipment shall be performed by Company, including, where necessary, the replacement or substitution of parts, and Company shall be responsible for the cost of any such maintenance, repair or replacement (such costs being included in the Fees to be paid hereunder), except for such repairs as are occasioned by the gross negligence, reckless or willful conduct of Saint Luke’s, which shall be the financial responsibility of Saint Luke’s. Saint Luke’s shall not undertake any repairs or modifications to the Equipment without the express written consent of Company. Saint Luke’s shall promptly notify Company of any defective or malfunctioning Equipment.

Appears in 1 contract

Samples: Lease Agreement

Title and Maintenance. During the Term of this Agreement, Company grants to Saint Luke’s and the applicable Facility the right to use the Equipment on the terms and conditions hereinafter set forth. Title to the Equipment, including any improvements thereto, shall be and remain in Company at all times. Saint LukeXxxxx Xxxx’s agrees to take no action that it knows would adversely affect Company’s title to or interest in the Equipment. At all times, Saint Luke’s shall use the Equipment hereunder in a careful and proper manner, and in accordance with all applicable Company written specifications, which Company shall provide to Saint Luke’s with the Equipment. All maintenance, repair and replacement, if necessary, of the Equipment shall be performed by Company, including, where necessary, the replacement or substitution of parts, and Company shall be responsible for the cost of any such maintenance, repair or replacement (such costs being included in the Fees to be paid hereunder), except for such repairs as are occasioned by the gross negligence, reckless or willful conduct of Saint Luke’s, which shall be the financial responsibility of Saint Luke’s. Saint Luke’s shall not undertake any repairs or modifications to the Equipment without the express written consent of Company. Saint Luke’s shall promptly notify Company of any defective or malfunctioning Equipment.

Appears in 1 contract

Samples: Equipment Lease Agreement

Title and Maintenance. During the Term of this Agreement, Company grants to Saint Luke’s and the applicable Facility the right to use the Equipment on the terms and conditions hereinafter set forth. Title to the Equipment, including any improvements thereto, shall be and remain in Company at all times. Saint Luke’s agrees to take no action that it knows would adversely affect Company’s title to or interest in the Equipment. At all times, Saint Luke’s shall use the Equipment hereunder in a careful and proper manner, and in accordance with all applicable Company written specifications, which Company shall provide to Saint Luke’s with the Equipment. All maintenance, repair and replacement, if necessary, of the Equipment shall be performed by Company, including, where necessary, the replacement or substitution of parts, and Company shall be responsible for the cost of any such maintenance, repair or replacement (such costs being included in the Fees to be paid hereunder), except for such repairs as are occasioned by the gross negligence, reckless or willful conduct of Saint Luke’s, which shall be the financial responsibility of Saint Luke’s. Saint Luke’s shall not undertake any repairs or modifications to the Equipment without the express written consent of Company. Saint Luke’s shall promptly notify Company of any defective or malfunctioning Equipment.

Appears in 1 contract

Samples: Equipment Lease Agreement

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Title and Maintenance. During the Term of this Agreement, Company grants to Saint Luke’s the right to use the Equipment on the terms and conditions hereinafter set forth. Title to the Equipment, including any improvements thereto, shall be and remain in Company at all times. Saint LukeXxxxx Xxxx’s agrees to take no action that it knows would adversely affect Company’s title to or interest in the Equipment. At all times, Saint Luke’s shall use the Equipment hereunder in a careful and proper manner, and in accordance with all applicable Company written specifications, which Company shall provide to Saint Luke’s with the Equipment. All maintenance, repair and replacement, if necessary, of the Equipment shall be performed by Company, including, where necessary, the replacement or substitution of parts, and Company shall be responsible for the cost of any such maintenance, repair or replacement (such costs being included in the Fees to be paid hereunder), except for such repairs as are occasioned by the gross negligence, reckless or willful conduct of Saint Luke’s, which shall be the financial responsibility of Saint Luke’s. Saint Luke’s shall not undertake any repairs or modifications to the Equipment without the express written consent of Company. Saint Luke’s shall promptly notify Company of any defective or malfunctioning Equipment.

Appears in 1 contract

Samples: Equipment Rental Agreement

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