Common use of POS Terminal Clause in Contracts

POS Terminal. At its expense, Sears shall furnish a point of sale terminal ("POS Terminal") for use in the Licensed Business. Such POS Terminal shall be of a size and design satisfactory to Sears, in its sole discretion, and shall at all times be and remain the property of Sears. Such POS Terminal shall be comparable to those used by Sears in its own merchandise departments and shall have the capability of processing a Sears Card (as defined in Section 9.2) and any other credit cards Sears may accept from time to time. Licensee shall immediately return such POS Terminal to Sears upon demand. Sears shall have the right to take possession of the POS Terminal at any time without giving prior notice to Licensee.

POS Terminal. At its expense, Sears shall furnish a point of sale terminal ("“POS Terminal"”) for use in the Licensed Business. Such POS Terminal shall be of a size and design satisfactory to Sears, in its sole discretion, and shall at all times be and remain the property of Sears. Such POS Terminal shall be comparable to those used by Sears in its own merchandise departments and shall have the capability of processing a Sears Card (as defined in Section 9.2) and any other credit cards Sears may accept from time to time. Licensee shall immediately return such POS Terminal to Sears upon demand. Sears shall have the right to take possession of the POS Terminal at any time without giving prior notice to Licensee.