Common use of Labels and Tags Clause in Contracts

Labels and Tags. Promptly, upon acquisition thereof, Funding Recipient shall prominently affix a durable label or tag (as, for instance, an aluminum property tag) to each item of City-Funded Equipment and to each City-Funded Vehicle stating as follows: Financed By The City of New York and Subject to a First Priority Lien in its Favor. Funding Recipient shall not remove said tag or permit that it be removed until expiration of the Performance Term.

Labels and Tags. Promptly, upon acquisition thereof, Funding Recipient shall prominently affix a durable label or tag (as, for instance, an aluminum property tag) to each item of City-Funded Equipment and to each City-Funded Vehicle stating as follows: Financed By The City of New York and Subject to a First Priority Lien in its Favor. Funding Recipient shall not remove said tag or permit that it be removed until expiration of the Performance Term.

Labels and Tags. Promptly, upon acquisition thereof, Funding Recipient shall prominently affix a durable label or tag (as, for instance, an aluminum property tag) to each item of City-Funded Equipment and to each City-Funded Vehicle stating as follows: Financed By The City of New York and Subject to a First Priority Lien in its Favor. Funding Recipient shall not remove said tag or permit that it be removed until expiration of the Performance Term.