Artikel V

Regarding the lease or loan of equipment and material, the receiving Party shall use such equipment or material as set out in the MoUs or other written arrangements subject to this Agreement. The receiving Party shall be responsible for maintaining such equipment or material in good order, repair, and operable condition. Unless the providing Party has authorized the equipment or material to be expended or otherwise consumed without reimbursement to the providing Party, the receiving Party shall return the equipment or material to the providing Party in as good condition as received, normal wear and tear excepted, or return the equipment or material and pay the cost to restore it to its condition at the time of receipt, normal wear and tear excepted. If the material or equipment is damaged beyond economical repair, the receiving Party shall return the equipment or material to the providing Party (unless otherwise specified in the MoUs or other written arrangements subject to this Agreement) and pay the replacement value unless otherwise specified in the MoUs or other written arrangements subject to this Agreement, which shall be computed pursuant to the providing Party’s laws and regulations. If the equipment or material is lost while in the custody of the receiving Party, the receiving Party shall issue a certificate of loss to the providing Party and pay the replacement value unless otherwise specified in the MoUs or other written arrangements subject to this Agreement, which shall be computed pursuant to the providing Party’s laws and regulations.