Common use of Title to APEX System Clause in Contracts

Title to APEX System. Dell owns all rights, title, and interest in the APEX System (including any replaced parts), and the APEX System must be returned to Dell at the end of the Subscription Term (or promptly upon replacement with respect to replaced Equipment or parts). The APEX System will be identified as Dell’s and You will not remove, cover, or alter plates, labels or any other markings placed upon the APEX System by Dell or a Reseller. The APEX System is NOT subject to any of the liens and security interests of your lender(s). Further, You cannot use the APEX System as collateral for a loan or as security against any debt. You will immediately notify Dell in writing if Your lenders or creditors or other third parties claim any rights to, or seek to take possession of, the APEX System.

Appears in 14 contracts

Samples: Apex Agreement, Apex Agreement, Apex Agreement

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Title to APEX System. Dell owns all rights, title, and interest in the APEX System (including any replaced parts), and the APEX System must be returned to Dell at the end of the Subscription Term (or promptly upon replacement with respect to replaced Equipment or parts). The APEX System will be identified as Dell’s and You or Customer will not remove, cover, or alter plates, labels or any other markings placed upon the APEX System by Dell or a ResellerDell. The APEX System is NOT subject to any of the liens and security interests of your Your or Customer’s lender(s). Further, You or Customer cannot use the APEX System as collateral for a loan or as security against any debt. You will immediately notify Dell in writing if Your lenders or creditors or other third parties claim any rights to, or seek to take possession of, the APEX System.

Appears in 12 contracts

Samples: Reseller Agreement, Reseller Agreement, Apex Reseller Agreement

Title to APEX System. Dell owns all rights, title, and interest in the APEX System (including any replaced parts), and the APEX System must be returned to Dell at the end of the Subscription Term (or promptly upon replacement with respect to replaced Equipment or parts). The APEX System will be identified as Dell’s and You will not remove, cover, or alter plates, labels or any other markings placed upon the APEX System by Dell or a ResellerDell. The APEX System is NOT subject to any of the liens and security interests of your Your lender(s). Further, You cannot use the APEX System as collateral for a loan or as security against any debt. You will immediately notify Dell in writing if Your lenders or creditors or other third parties claim any rights to, or seek to take possession of, the APEX System.

Appears in 5 contracts

Samples: Dell Apex Agreement, Apex Agreement Portugal, Dell Apex Agreement

Title to APEX System. Dell owns all rights, title, and interest in the APEX System (including any replaced parts), and the APEX System must be returned to Dell at the end of the Subscription Term (or promptly upon replacement with respect to replaced Equipment or parts). The APEX System will be identified as Dell’s and You You, Reseller, or Customer will not remove, cover, or alter plates, labels or any other markings placed upon the APEX System by Dell or a ResellerDell. The APEX System is NOT subject to any of the liens and security interests of your Your, Reseller’s, or Customer’s lender(s). Further, You You. Reseller, or Customer cannot use the APEX System as collateral for a loan or as security against any debt. You will immediately notify Dell in writing if Your lenders or creditors or other third parties claim any rights to, or seek to take possession of, the APEX System.

Appears in 2 contracts

Samples: Apex Distributor Agreement, Apex Distributor Agreement

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Title to APEX System. Dell owns all rights, title, and interest in the APEX System (including any replaced parts), and the APEX System must be returned to Dell at the end of the Subscription Term (or promptly upon replacement with respect to replaced Equipment or parts). The APEX System will be identified as Dell’s and You You, Reseller, or Customer will not remove, cover, or alter plates, labels or any other markings placed upon the APEX System by Dell or a ResellerDell. The APEX System is NOT subject to any of the liens and security interests of your Your, Reseller’s, or Customer’s lender(s). Further, You You, Reseller, or Customer cannot use the APEX System as collateral for a loan or as security against any debt. You will immediately notify Dell in writing if Your lenders or creditors or other third parties claim any rights to, or seek to take possession of, the APEX System.

Appears in 1 contract

Samples: Apex Distributor Agreement

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