Common use of Risk of Loss and Damage Clause in Contracts

Risk of Loss and Damage. Risk of loss or damage to the Software will pass from Blue Planet to You upon download by You and, unless the Software is Ordered and Contracted, will expire upon its complete removal under Section 2 above. You agree that You will obtain and maintain insurance sufficient to cover any damage to or loss of the Licensed Software.

Appears in 2 contracts

Samples: Lab License, Lab License

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Risk of Loss and Damage. Risk of loss or damage to the Licensed Software will pass from Blue Planet to You Customer upon download by You Customer and, unless the Licensed Software is Ordered and Contracted, will expire upon its complete removal under Section 2 1 above. You agree Customer agrees that You it will obtain and maintain insurance sufficient to cover any damage to or loss of the Licensed Software.

Appears in 1 contract

Samples: Trial Agreement

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Risk of Loss and Damage. Risk of loss or damage to the Software will pass from Blue Planet to You upon download by You and, unless the Software is Ordered and Contracted, will expire upon its complete removal under Section 2 above. You agree that You will obtain and maintain insurance sufficient to cover any damage to or loss of the Licensed SoftwareSoftware (i.e., purchase price paid).

Appears in 1 contract

Samples: Lab License

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