Rights and Obligations. 2.1. The Lender declares that the borrowed Equipment is fit to be used appropriately and that its technical condition complies with the relevant standards and regulations. The Borrower accepts the borrowed Equipment.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Rights and Obligations. 2.1. The Lender declares that the borrowed Equipment is fit to be used appropriately and that its technical condition complies with the relevant standards and regulations. The Borrower accepts the borrowed Equipment.
2.2. Xxxxxx agrees, at it own expense, to take insurance for the Equipment for the borrowing period.
Appears in 1 contract
Samples: Loan Agreement