Agreement between
<aside> 1️⃣ CBS Students
Solbjerg Plads 3 Frederiksberg, Denmark
Referred to as: Lender
</aside>
<aside> 2️⃣ Representative of a student organization
Referred to as: Borrower
</aside>
Equipment
Each piece of equipment ("Equipment") is listed separately in the email from CBS Students confirming the equipment loan.
Each piece of Equipment may include a number of other items as part of the package (as specified on their respective documentation pages).
Borrower responsibilities
This Agreement and the responsibilities as outlined below are not transferable without the written approval of the Lender. By signing this Agreement, the Borrower agrees to comply with the following:
Use/Disclaimer
The Borrower is responsible for the proper use of the Equipment. The Borrower is responsible for training anyone using the Equipment on the proper use of the Equipment in accordance with any Equipment procedures. Upon request, the Lender will assist the Borrower with the usage of the Equipment.
The Borrower agrees to use the Equipment for academic, or socially-academic activities driven by volunteers. The activities must support the student environment at CBS.
Delivery and return of Equipment
The Equipment shall be prepared by the Lender for the Borrower for pickup for the time specified in the confirmation email. The Borrower shall return the equipment on, or before the time specified in the confirmation email.
The Equipment shall be returned to CBS Students (room D S.44), Solbjerg Plads 3, 2000 Frederiksberg.
Upon return of the Equipment, the Borrower and Lender jointly review the state and function of the Equipment. After the review, the responsibility for the equipment goes to the Lender.
Maintenance and repair
The Equipment shall be returned to the Lender in as good a condition as when received by the Borrower, except for reasonable wear and tear. During the Agreement period and prior to return, the Borrower agrees to assume all responsibility for maintenance and repair.
The Borrower shall notify the Lender about any defects of the Equipment as soon as they are discovered / as soon as they occur.
Compliance with laws
The Borrower shall comply with all applicable laws and regulations, if any, applicable to the use and transportation of the Equipment. The Borrower shall secure any necessary permits required for the use of the equipment.
Compensation for harm or loss
The Borrower agrees to indemnify, defend and hold the Lender harmless from any damages and liability whatsoever associated with its use of the Equipment while under the care of the Borrower unless due to negligence of the Lender.
Amendment/Modification
The Agreement cannot be amended or modified except in writing confirmed by both parties.
Intellectual property
Any intellectual property developed by the Borrower while utilising the Equipment shall be the sole and exclusive property of the Borrower.