Common use of Title to Equipment Clause in Contracts

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

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

Title to Equipment. Title to any equipment and supplies that may be furnished by UNESCO shall rest with UNESCO and any such equipment shall be returned to UNESCO at the conclusion of this contract or when no longer needed by the Individual Specialist. Such equipment, when returned to UNESCO, shall be in the same condition as when delivered to the Individual Specialist, subject to normal wear and tear. The Individual Specialist shall be liable to Initials: Contract N°: Form HR 13-2 (February 2012) page - 7/7 compensate UNESCO for equipment determined to be damaged or degraded beyond normal wear and tear.