Ownership and Insurance. 5.3.1 BI RCV shall retain title (but not the intellectual property therein) to any work-in progress (including intermediates, Product) and to any Batch of Product which has not yet been paid for in full by Sophiris. Title to a Batch or the parts thereof actually delivered to Sophiris shall pass to Sophiris upon […***…]. Should Sophiris sell the parts of the received quantities of the Batch before […***…], Sophiris shall assign the payment of these quantities of the Batch to BI RCV and inform the buyer of such quantities of the Batch accordingly.
5.3.2 BI RCV and BIP shall hold appropriate insurance for […***…]. Sophiris shall obtain appropriate insurance on Product when […***…].
Ownership and Insurance. 1. Retain ownership of and ensure any new bicycles, trailers or other assets purchased for use in this program.
Ownership and Insurance. All the Materials furnished by Purchaser to Manufacturer pursuant to Section 2.4(a), whether in the warehouse or in work-in-process at the Facility, shall become and remain the property of Purchaser, notwithstanding that Manufacturer may add to or modify the Materials utilized in the Manufacture of the Product or that the Product has not yet been paid for by Purchaser. Manufacturer shall (i) store all Product and Materials (whether finished or unfinished) at the Facility, (ii) post or affix prominent signs and notices at such premises to indicate to all third parties that the Product and Materials are the property of Purchaser, and (iii) take all such other steps as may be reasonably necessary to (A) protect Purchaser’s title to the Product and Materials and (B) prevent destruction, theft, fire or other loss of the Product and Materials (whether finished or unfinished). Without prejudice to any liability to Purchaser, Manufacturer shall insure and at all times keep the Materials and the Product (finished or unfinished) insured against all risks of loss or damage and shall refund the Purchaser for the value of the Materials (as set forth on Schedule A) which is damaged or destroyed by Manufacturer due to negligence or misconduct, including the value of the Materials in the finished or unfinished Product or in work-in-process.
Ownership and Insurance. 4.1 Risk in the Hire Goods and any Products will pass immediately to the Customer when they leave the physical possession Gauteng Unit 9 or control of the Supplier. Lakeview Business Park
4.2 Risk in the Hire Goods will not pass back to the Supplier from the Customer until the Hire Goods are back iYnatldhweypnhRyosaidc,alJet Park, 1469 possession of the Supplier. This shall apply even if the Supplier has agreed to cease charging the Rental. X.X. Xxx 0000, Xxxxxxx Xxxxx, 0000
4.3 Ownership of the Hire Goods remains at all times with the Supplier. The Customer has no right, title or interest in theTel: 011 823 6060 Hire Goods except that they are hired to the Customer. Fax: 000 000 0000\64
4.4 The Customer must not deal with the ownership or any interest in the Hire Goods. This includes but is not limited to selling, assigning, mortgaging, pledging, charging, securing, hiring, withholding, exerting any right to withhold, disposing of and/or lending.
4.5 The Supplier may provide reasonably priced insurance in respect of the Hire Goods at additional cost to the Rental. Alternatively the Supplier may require the Customer to insure the Hire Goods on such reasonable terms and for such reasonable risks as the Supplier may specify. The proceeds of any such insurance shall be held by the Customer in trust for the Supplier and be paid to the Supplier on demand. The Customer must not compromise any claim in respect of the Hire Goods and/or any associated insurance without the Supplier’s written consent.
Ownership and Insurance. 10.1 The Charging Points and any Intellectual Property Rights in or relating to the Charging Point(s) are, and shall remain, the property of the Supplier.
10.2 The Customer shall put and keep in place throughout the Term occupiers’ liability insurance for the Site.
10.3 The Supplier shall procure the effecting and maintenance of the following types of insurance policies for up to the following amounts with a reputable insurance company:
10.3.1 professional indemnity insurance covering the legal liability for an insured amount of not more than £5 million during any one insurance period;
10.3.2 public liability insurance for an insured amount of not more than £10 million per occurrence during any one insurance period); and
10.3.3 property damage insurance for the Charging Point(s).
Ownership and Insurance. 3.2.2.1. NPS holds all the INTELLECTUAL PROPERTY rights to the WCB and the MCB except for the limited license granted to BI AUSTRIA hereunder for the purposes hereof. For greater clarity, BI AUSTRIA acquires hereunder no ownership, license or security interest rights in the WCB or MCB beyond the limited use license granted for production of PRODUCT under this AGREEMENT. All INTELLECTUAL PROPERTY rights relative to the WCB and the MCB or their use are and remain the exclusive rights of NPS.
3.2.2.2. BI AUSTRIA shall not transfer the WCB or MCB to any third party without the prior written permission of NPS and any unused quantities at the termination of the AGREEMENT shall be destroyed or returned to NPS at NPS' direction.
3.2.2.3. NPS shall maintain the appropriate insurance on the WCB and MCB whether or not it is stored at BI AUSTRIA.
Ownership and Insurance. 1. For insurance purposes, the current owner of record of the LBRIG controlled System components shall be described in the System Operation and Administration Plan. As the owner of record, the agency must maintain adequate insurance on the LBRIG controlled System components. If the agency ceases to be a Party, or ceases to be willing to serve as the owner of record and provides the Committee reasonable advance notice, the Committee shall designate a new owner of record who shall insure the LBRIG controlled System components.
2. Other Member's rights regarding equipment will be assured in other provisions of this Agreement.
3. Insurance claims will be approved by the Committee before submittal.
Ownership and Insurance. 4.1 Risk in the Hire Goods and any Products will pass immediately to the Customer when they leave the physical possession or control of the Supplier.
4.2 Risk in the Hire Goods will not pass back to the Supplier from the Customer until the Hire Goods are back in the physical possession of the Supplier. This shall apply even if the Supplier has agreed to cease charging the Rental.
Ownership and Insurance. 4.3.1 BTPH shall retain title (but not the Intellectual Property therein) to any tangible work-in progress (including intermediates, Product) and to any Batch of Product as of production which has not yet been delivered to or paid for in full by CLIENT. Title to a Batch or the parts thereof actually delivered to CLIENT shall pass to CLIENT upon payment in full to BTPH for respectively such Batch or such parts thereof.
4.3.2 BTPH shall hold appropriate insurance for the work-in-progress and Batches that are on site at the BTPH Facility.
