Title and Risk in the Equipment Sample Clauses

Title and Risk in the Equipment. 2A.12 The Equipment shall remain the property of the Contractor. The risk of loss or damage in respect of the Equipment shall remain with the Contractor at all times, and the Institution shall not be liable to the Contractor for any loss or damage in respect of such Equipment, unless directly and solely due to the Institution’s gross negligence or willful default.
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Title and Risk in the Equipment. Title in the Equipment passes to you at the time that payment for the Equipment is made in full.
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Title and Risk in the Equipment. The risk of any accidental loss or damage to the Equipment remains with the Owner, subject to this Agreement. The Owner warrants that it has title in and ownership of the Equipment, and each Participating Race Club acknowledges and agrees not to claim any rights over the Equipment other than the right to use the Equipment for the Hire Period as bailee only. Each Participating Race Club agrees not to take any encumbrance or security over the Equipment. The Owner may retake possession of the Equipment if a Participating Race Club breaches any provision of this Agreement and fails to remedy such breach within seven (7) days, notwithstanding any other provision of this Agreement. OPERATING INSTRUCTIONS The Owner will: develop the Operating Instructions for the Equipment; provide each Participating Race Club a copy of the Operating Instructions; seek feedback and input from the Participating Race Clubs on the Operating Instructions on a regular basis; and revise the Operating Instructions as needed and at least once every Year. PERFORMANCE OF EQUIPMENT HIRE The Participating Race Club: agrees that the use of the Equipment carries with it dangers and risks of injury and the Participating Race Club agrees to take reasonable care in using the Equipment; may allow use of the Equipment by its employees, nominees, contractors or representatives, but the Participating Race Club remains responsible under this Agreement for any such use; and agrees to operate and store the Equipment strictly in accordance with this Agreement, the Operating Instructions and any reasonable instruction provided by the Owner. The Owner agrees to maintain or repair the Equipment in accordance with the Operating Instructions, unless it becomes uneconomic to do so. If there is a breakdown or failure of the Equipment then the Participating Race Club shall notify the Owner, and the Participating Race Club will not attempt to repair the Equipment except with the Owner’s prior approval. INVOICING AND PAYMENT Subject to this Agreement, each Participating Race Club will pay the Owner the Hire Fees for the Hire Period. The Owner may issue invoices for Hire Fees from the date 14 days prior to the date for payment specified in this Agreement, and invoices will be due for payment no less than 14 days prior to delivery of the invoice. Each invoice must: contain sufficient details to enable the Participating Race Club to verify the Hire Fee for the Equipment for the relevant period; and comply with the re...
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Related to Title and Risk in the Equipment

  • Title and Risk of Loss Notwithstanding the form of shipment, title or other property interest, risk of loss shall not pass from the Contractor to the Authorized User until the Products have been received, inspected and accepted by the receiving entity. Acceptance shall occur within a reasonable time or in accordance with such other defined acceptance period as may be specified in the Bid Specifications or Purchase Order. Mere acknowledgment by Authorized User personnel of the delivery or receipt of goods (e.g., signed xxxx of lading) shall not be deemed or construed as acceptance of the Products received. Any delivery of Product that is substandard or does not comply with the Bid Specifications or Contract terms and conditions, may be rejected or accepted on an adjusted price basis, as determined by the Commissioner.

  • DELIVERY, TITLE AND RISK OF LOSS Unless otherwise specified on the EDDYFI quotation, delivery is FCA (Manufacturing Site). In any case, delivery and risk of loss is in accordance with INCOTERMS 2010. Title to products shall pass to the Customer upon full payment of the invoice(s). In the absence of specific instructions, goods will be shipped via the carrier EDDYFI deems most practical. No claim for error in shipment will be considered unless made within ten (10) days of Customer’s receipt of goods.

  • Safe Equipment The City shall furnish and maintain in the best possible working condition, within the limits of its financial capability, the necessary tools, facilities, vehicles, supplies, and equipment required for members to safely carry out their duties. Members are responsible for reporting unsafe conditions or practices, for avoiding negligence, and for properly using and caring for tools, facilities, vehicles, supplies, and equipment provided by the City.

  • Title and Risk 6.1 The risk in the Goods shall pass to the Customer on completion of delivery.

  • Use of the Equipment 9.1 The Equipment shall be used by Hospital only at the Site and shall not be removed therefrom. Hospital shall use the Equipment only in the regular and ordinary course of Hospital’s business operations and only within the capacity of the Equipment as determined by Elekta’s specifications. Hospital shall not use nor permit the Equipment to be used in any manner nor for any purpose which, in the opinion of Elekta or GKF, the Equipment is not designed or reasonably suitable.

  • OWNERSHIP OF THE EQUIPMENT 9.1 Except as detailed in clause 9.4, You acknowledge that We own the Equipment and in all circumstances We retain title to the Equipment (even if You go into liquidation or become bankrupt during the Hire Period). Your rights to use the Equipment are as a bailee only.

  • The Equipment 9.1 The British Council Equipment shall remain the property of the British Council and shall be used by the Supplier in the performance of the Services and for no other purposes.

  • Title to Equipment Title shall vest in the Contractor to all equipment purchased hereunder.

  • Office Equipment The Client must not install any cabling, IT or telecom connections without the Provider’s consent, which the Provider may refuse at its absolute discretion. As a condition to the Provider’s consent, the Client must permit the Provider to oversee any installations (for example IT or electrical systems) and to verify that such installations do not interfere with the use of the accommodation(s) by other Clients or the Provider or any landlord of the building.

  • Equipment and Vehicle Parking Company will ensure that all equipment, including but not limited to, vehicles owned or operated by Company, its vendors and/or contractors, will not be parked in a manner that interferes in any way with any operations at the Airport. Company’s equipment and vehicles and those of its vendors and/or contractors will be parked in designated parking areas as provided by Authority. No vehicle shall access the AOA unless directly related to Company’s business operations. All vehicles driven, escorted, or parked on the AOA must meet Authority’s insurance requirements and any other applicable Authority Rules and Regulations and security requirements. All vehicles, including those of Company’s Parties, excluding escorted vehicles, accessing the AOA must bear Company’s identification on both sides of the vehicle which should be identifiable from a distance of fifty (50) feet. Company must also display Authority’s logo decal. Information regarding vehicle access to the AOA is available from Authority’s Badging Office. All persons accessing the AOA must adhere to Authority’s SIDA training, Airport Security Program, and TSA regulations. Company will verify that its Company Parties who operate motorized vehicles on Airport property have a valid driver’s license. Company will provide evidence in writing of such verification within fifteen (15) days’ of written request by Authority. If Company fails to provide verification or if Company’s Party is found to be driving on Airport property without a valid driver’s license, Authority will revoke the offending driver’s ID Media and may assess liquidated damages against Company of up to $1,000 per occurrence. Said liquidated damages will be due and payable within fifteen (15) days’ notice of invoice for the same. On a quarterly basis, Company will conduct and maintain periodic audits of the status of the driver’s licenses of Company Parties to ensure that they possess and maintain a valid driver’s license. Such audits shall be provided to Authority upon fifteen (15) days’ written request by Authority.

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