Common use of OWNERSHIP OF THE HARDWARE AND SYSTEM Clause in Contracts

OWNERSHIP OF THE HARDWARE AND SYSTEM. 6.1 The System shall at all times remain the property of MRI, and Client shall have no right, title or interest in or to the System except as otherwise provided in the Agreement. 6.2 Risk in the System shall pass to Client either: (a) the date of installation by MRI; or (b) delivery to Client in the event that MRI is not performing Professional Services for Client. Client shall be required to obtain and maintain insurance in respect of any loss or damage caused to the System by a third party. The foregoing shall be applicable for the Term of the Agreement and until such time as the System is collected by or redelivered to MRI. ***************************************************************************************************************************************

OWNERSHIP OF THE HARDWARE AND SYSTEM. 6.1 The System shall at all times remain the property of MRI, and Client shall have no right, title or interest in or to the System except as otherwise provided in the Agreement. 6.2 Risk in the System shall pass to Client either: (a) the date of installation by MRI; or (b) delivery to Client in the event that MRI is not performing Professional Services for Client. Client shall be required to obtain and maintain insurance in respect of any loss or damage caused to the System by a third party. The foregoing shall be applicable for the Term of the Agreement and until such time as the System is collected by or redelivered to MRI. **************************************************************************************************************************************** END OF SPRINGBOARD SERVICES SCHEDULE

OWNERSHIP OF THE HARDWARE AND SYSTEM. 6.1 The System shall at all times remain the property of MRI, and Client shall have no right, title or interest in or to the System except as otherwise provided in the Agreement. 6.2 Risk in the System shall pass to Client either: (a) the date of installation by MRI; or (b) delivery to Client in the event that MRI is not performing Professional Services for Client. Client shall be required to obtain and maintain insurance in respect of any loss or damage caused to the System by a third party. The foregoing shall be applicable for the Term of the Agreement and until such time as the System is collected by or redelivered to MRI. **************************************************************************************************************************************** END OF ONLOCATION SERVICES SCHEDULE