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c) Inspection and Acceptance. After receipt of the Collection, the Institution will
have 90 days in which to inspect the Collection to ensure that all the items listed
or described on Attachment A are included, and that Collection is in the same
condition as noted in the master packing list. A significant discrepancy in the
inventory and/or condition of the Collection, if unresolved by the parties, is
grounds for refusal of the Collection by the Institution and withholding of
payment. A “significant discrepancy” is defined as ___________________. In
the event that such a discrepancy exists, the Collection will be returned to the
Seller at the Seller’s expense, unless the Seller cures the discrepancy no later than
90 days after the Institution provides written notice of the discrepancy, or such
later time as may be agreed upon by the parties. The Institution will indicate its
acceptance or rejection of the Collection in writing. The Institution will reduce
payment by $__ per rejected or missing item, or may, at the Institution’s
discretion, accept as replacements different items from the Seller.
5) Warranties and Indemnifications.
a) Warranty of Title. The Seller represents and warrants that the Seller is the true
and lawful owner of the property conveyed by this agreement and has full power
to convey such property, and the title so conveyed is free, clear, and
unencumbered.
b) Authority to Sign Agreement. The Seller hereby warrants that the Seller has the
authority necessary to sign this agreement.
c) Seller Indemnification. The Seller agrees to indemnify and save harmless the
Institution from and against any and all claims, lawsuits, actions, damages, loss,
costs and expenses (including attorneys’ fees), and demands, by third parties, that
in any manner result from the Seller’s breach of the Seller’s warranties and
undertakings in this agreement. This indemnification binds the heirs, executors,
administrators, and assigns of the Seller.
6) Publicity. Seller shall obtain prior written approval from the Institution prior to using
the Institution’s trademarks or trade names, images or holdings (collectively,
“Proprietary Marks”). This applies to all uses regardless of whether on the web, in
print, or in any other media. Once approved, similar uses in the same context and
format will not require additional approval. The contact at the Institution for these
reviews is __________________________.
7) Notice. All notices required to be given hereunder shall be in writing and sent by
_________________________to ____________________________. Notice is
effective when given.
8) Miscellaneous.