Common use of Ownership of Device Clause in Contracts

Ownership of Device. 2.1 The Agreement does not give the student ownership of the device. The School retains ownership of the device during the term of the agreement. 2.2 This Agreement and the School’s delivery of the device to the student do not constitute a transfer of ownership, or the obligation to transfer ownership, of the device to the student or parent/guardian. 2.3 At the conclusion of the period of participation as per 1.1-1.5, and subject to the other conditions of this agreement being fulfilled, the device will be returned to the manufacturer’s original configuration, and ownership of the device and associated accessories will be transferred to the parent/student.

Appears in 4 contracts

Samples: Cope Participation Agreement, Participation Agreement, Participation Agreement

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