Common use of Return of Product Clause in Contracts

Return of Product. Upon expiration or termination, Lessee, at its own risk and expense, shall have the Product packed for shipment in accordance with manufacturer's specifications and shall immediately return the Product to Lessor in the same condition as when delivered, ordinary wear and tear excepted, freight prepaid and insured, to Lessor's remarketing facility.

Appears in 2 contracts

Sources: Financing Agreement (Medcare Technologies Inc), Financing Agreement (Nhancement Technologies Inc)

Return of Product. Upon expiration or termination, Lessee, at its own risk and expense, shall have the Product product packed for shipment in accordance with manufacturer's specifications and shall immediately return the Product to Lessor in the same condition as when delivered, ordinary wear and tear excepted, freight prepaid and insured, to Lessor's remarketing facility.

Appears in 1 contract

Sources: Financing Agreement (Never Miss a Call Inc)