Common use of Return of Hardware Clause in Contracts

Return of Hardware. Upon expiration or termination of the Lease, Customer will return all Hardware in the same condition as it was upon arrival at Customer’s premises and in working condition. Except for normal wear and tear, Customer agrees to pay for any damage to or loss of the Hardware, regardless of cause. Hardware returned from Customer that is inoperable, damaged, or with missing components will be repaired to original working order by Siemens at Customer’s expense. Any Hardware which (i) is returned damaged or inoperable and cannot be repaired, or (ii) cannot be returned to Siemens for whatever reason, will be invoiced to Customer at its then-current commercial list price.