Risk of Loss or Damage. 4.8.1 Risk of loss or damage to Software and Equipment is assumed by Client throughout the Term. 4.8.2 If there is loss or damage to, or theft of, Equipment and/or Software, Client will either; i) promptly repair or replace Equipment and/or Software at its own expense, passing title in any replacement Equipment to IGF, or ii) pay IGF the applicable Early Termination Charge.
Appears in 8 contracts
Samples: Master Financing Agreement, Master Financing Agreement, Master Financing Agreement
