Ownership and Risk of Loss; Client Materials and Product Sample Clauses
Ownership and Risk of Loss; Client Materials and Product. Client shall own and continue to own all right, title and interest in and to Client Materials. Except for liability arising from [***] assumes any and all risk of loss, damage, theft or destruction of Client Materials and Product while the Client Materials and Product are in Catalent’s possession or on Catalent’s premises, and [***] with regard thereto in accordance with Section [***] of this Agreement. Upon termination or expiration of this Agreement, Client shall immediately notify Catalent whether Client shall either (a) reclaim possession of Client Materials and Product; or (b) request destruction of Client Materials and Product by Catalent, each at Client’s sole expense. In the event Client fails to provide Catalent such notice within [***] days following termination of this Agreement, Catalent shall notify Client in writing regarding the potential destruction of Client Materials and Product and then may destroy Client Materials and Product at Client’s sole expense if Client does not within [***] business days following Client’s receipt of such notice request such Client Materials and/or Product be shipped to Client or its designee. Catalent shall invoice Client for all reasonable, documented out of pocket costs incurred as a result of the return or destruction of the Client Materials and Product.
