Processing Equipment Sample Clauses

The "Processing Equipment" clause defines the requirements and standards for any machinery or devices used in the processing of goods or materials under the agreement. It typically outlines specifications for the type, quality, and maintenance of equipment, and may assign responsibility for providing, operating, or repairing such equipment to one of the parties. This clause ensures that all processing activities are carried out using appropriate and reliable equipment, thereby minimizing operational risks and ensuring product quality.
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Processing Equipment. In order to process transactions, Business may purchase or lease Processing Equipment. Processing Equipment purchased or leased under this Agreement will remain the property of CaribePay (Nevis) Limited until such time as the Business has paid for the Processing Equipment in full. In addition, Processing Equipment purchased or leased from CaribePay (Nevis) Limited hereunder will include a standard manufacturer’s warranty and will be supported and serviced directly by CaribePay (Nevis) Limited or its subcontractor. Business should contact CaribePay (Nevis) Limited with any problems with the purchased or leased Processing Equipment by contacting the telephone number provided with the installation materials. For purchased Processing Equipment, CaribePay (Nevis) Limited will make commercially reasonable efforts to provide Business with backup Processing Equipment in case of failure. Business understands that until Business concludes a buyout of the leased Processing Equipment, the Equipment shall remain the property of CaribePay (Nevis) Limited and may not be pledged, sold or transferred by the Business. If CaribePay (Nevis) Limited requests, Business will assist CaribePay (Nevis) Limited in filing any required lien documents to protect CaribePay (Nevis) Limited’s interest in the leased Equipment, including, but not limited to, filings under the Uniform Commercial Code. Business bears the risk of loss, theft, disappearance or damage of the leased Processing Equipment. Business accepts the leased Processing Equipment “As Is” and agrees to maintain the Equipment in clean and good working condition for the full term of this Lease. Business understands and accepts that no warranty including warranty for merchantability or fitness of purpose is provided for the leased Processing Equipment, except as may be extended by the Processing Equipment manufacturer. For leased Processing Equipment, CaribePay (Nevis) Limited, in its discretion, may repair or replace the Processing Equipment if it fails to operate. Business agrees that if the leased Processing Equipment is damaged due to the negligent use of it by Business and is beyond repair, Business shall be liable to CaribePay (Nevis) Limited for the replacement value (at full retail value) of the Processing Equipment. Upon termination of this Agreement, Business will be responsible for returning the leased Processing Equipment to CaribePay (Nevis) Limited in clean and good working condition. At all times, the Business sh...
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Processing Equipment. The personal computer unit, keyboard, mouse purchased by Business Entity and approved by Extraco to permit Business Entity to engage in Remote Deposit activities.
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Processing Equipment. Landlord hereby grants to Tenant a non-exclusive license for the term and subject to all of the conditions herein for the specific and scheduled use of the processing equipment herein identified as the Pilot Plant and the Cigarette Making Plant. Tenant's use of this equipment will be subject to submitting a written request one (1) week in advance of Tenant's need for such use, and subject to the availability of the equipment relative to Landlord's operating schedule and Landlord's personnel.
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Processing Equipment. (a) To enable Customer to perform Remote Deposit Capture, Customer must use the Processing Equipment provided by Bank on a month-to-month license. Title to the Processing Equipment shall remain with Bank at all times unless purchased, and the Processing Equipment shall at all times be and remain personal property of Bank, even if installed in or attached or affixed to real property. Customer shall have no right, title or other interest therein, except the right to use the Processing Equipment in the normal operation of the business of Customer only at the locations designated to Bank and then only on the express condition that all payments due to Bank hereunder shall have been paid and Customer shall be in compliance with all other terms of this Agreement. Customer may request in writing a change in such location at least ten (10) Business Days prior to the date of any such change, and Bank shall reasonably consent to such request provided that Customer bears all costs of such move, including any costs associated with protecting Bank’s ownership interest in the Processing Equipment. Customer at its expense shall protect and defend Bank’s title to the Processing Equipment and shall keep the Processing Equipment free and clear from all liens, claims, levies, encumbrances and legal process of Customer’s creditors or other persons. Customer shall give Bank immediate notice of any attachment or other judicial process affecting the Processing Equipment, or which might so affect the Processing Equipment. Bank shall be permitted to display notice of its ownership of the Processing Equipment by affixing to each item of Processing Equipment an identifying plate or any other identification of ownership, and Customer will not alter, deface, cover, or remove the plate, serial number or other identification of the item. (b) Customer shall not load or attempt to load any software on the Processing Equipment that is not provided by Bank without the express written permission of Bank, given in its sole discretion. The Processing Equipment shall be used solely for the performance of Remote Deposit Capture, and solely for the benefit of Customer and no third party.
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Processing Equipment. Contractor shall provide processing equipment in number and capacity to efficiently perform the work required by the Agreement. The Contractor agrees to maintain each piece of equipment used by it in the performance of this Agreement in good order and repair. Contractor shall have available sufficient backup equipment to respond to mechanical failures or other difficulties.
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Related to Processing Equipment

  • Metering Equipment 13.01. Utility will furnish, install, own and maintain metering equipment capable of measuring the flow of kilowatt-hours (kWh) of energy. The Customer's service associated with the CRG will be metered at a single metering point. The metering equipment will measure energy delivered by Utility to Customer and also measure energy delivered by Customer to Utility. Customer agrees to provide safe and reasonable access to the premises for installation of this equipment and its future maintenance or removal.

  • Electrical Equipment Residents must use only CSA, UL-approved or Canadian-certified electrical equipment; the rated wattage of light fixtures must never be exceeded; and only replacement bulbs supplied by Waterloo maintenance staff may be used. Do not leave any unattended electrical equipment turned on (i.e. hair straighteners, lights etc.)

  • Computer Equipment Recycling Program If this Contract is for the purchase or lease of computer equipment, then Contractor certifies that it is in compliance with Subchapter Y, Chapter 361 of the Texas Health and Safety Code related to the Computer Equipment Recycling Program and the Texas Commission on Environmental Quality rules in 30 TAC Chapter 328.

  • Computer Equipment No computers and/or personal electronic devices, such as tablets and laptop computers, or any component thereof, may be purchased with funds provided under this Contract, regardless of purchase price, without prior written approval of ADMINISTRATOR. Any such purchase shall be in accordance with specifications provided by ADMINISTRATOR, be subject to the same inventory control conditions specified above in Subparagraphs 18.1.1 to 18.1.4, and, at the sole discretion of ADMINISTRATOR, become the property of COUNTY upon termination of this Contract.

  • Equipment 26.1 The Supplier is responsible for providing any Equipment which the Supplier requires to provide the Services. 26.2 Any Equipment brought onto the premises will be at the Supplier's own risk and the Buyer will have no liability for any loss of, or damage to, any Equipment. 26.3 When the Call-Off Contract Ends or expires, the Supplier will remove the Equipment and any other materials leaving the premises in a safe and clean condition.