Common use of Title to Equipment Clause in Contracts

Title to Equipment. Title to any equipment and supplies that may be furnished by UNDP shall rest with UNDP and any such equipment shall be returned to UNDP at the conclusion of this Contract or when no longer needed by the Contractor. Such equipment, when returned to UNDP, shall be in the same condition as when delivered to the Contractor, subject to normal wear and tear. The Contractor shall be liable to compensate UNDP for equipment determined to be damaged or degraded beyond normal wear and tear.

Appears in 74 contracts

Samples: Long Term Agreement for Printing and Design Services, Long Term Agreement for Provision of Cleaning and Facility Management Services, Travel Management Services Agreement

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Title to Equipment. Title to any equipment and supplies that may be furnished by UNDP shall rest with UNDP and any such equipment shall be returned to UNDP at the conclusion of this Contract or when no longer needed by the ContractorVendor. Such equipment, when returned to UNDP, shall be in the same condition as when delivered to the ContractorVendor, subject to normal wear and tear. The Contractor Vendor shall be liable to compensate UNDP for equipment determined to be damaged or degraded beyond normal wear and tear.

Appears in 1 contract

Samples: Invitation to Bid

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Title to Equipment. Title to any equipment and supplies that may be furnished by UNDP shall rest with UNDP and any such equipment shall be returned to UNDP at the conclusion of this Contract or when no longer needed by the Contractor. Such equipment, when returned to UNDP, shall be in the same condition as when delivered to the Contractor, subject to normal wear and tear. The Contractor shall be liable to compensate UNDP for equipment determined to be damaged or degraded beyond normal wear and tear.to

Appears in 1 contract

Samples: Long Term Agreement (Lta) for Audit Services

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