Common use of Waiver of Property Claims Clause in Contracts

Waiver of Property Claims. All Xxxxxx Supplied Components and equipment used by Xxxxxx in the Production of Client Product (collectively, “Xxxxxx Property”) shall at all times remain the property of Xxxxxx and Xxxxxx assumes risk of loss for such property until delivery of Client Product to a common carrier as specified under Section 2.7 or when risk of loss otherwise shifts to Client. Xxxxxx hereby waives any and all rights of recovery against Client and its Affiliates, and against any of their respective directors, officers, employees, agents or representatives, for any loss or damage to Xxxxxx Property. Except as set forth in section 5.3, Client assumes all risk of loss at all times for all Client Supplied Components and Client equipment. Client assumes risk of loss for all Client Product upon delivery to a common carrier as specified under Section 2.7 or when risk of loss otherwise shifts to Client pursuant to the Agreement.

Appears in 3 contracts

Samples: Finish Services Agreement (Avedro Inc), Finish Services Agreement (Avedro Inc), Finish Services Agreement (Avedro Inc)

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Waiver of Property Claims. All Xxxxxx Xxxxxx-Supplied Components and equipment used by Xxxxxx in the Production of Client Product (collectively, “Xxxxxx Property”) shall at all times remain the property of Xxxxxx and Xxxxxx assumes risk of loss for such property Xxxxxx-Supplied Components until delivery of Client Product to a common carrier as specified under Section 2.7 or when risk of loss otherwise shifts to Client. Xxxxxx hereby waives any and all rights of recovery against Client and its Affiliates, and against any of their respective directors, officers, employees, agents or representatives, for any loss or damage to Xxxxxx Property. Except as set forth in section Section 5.3, Client assumes all risk of loss at all times for all Client Client-Supplied Components and Client equipment. Client assumes risk of loss for all Client Product upon delivery to a common carrier as specified under Section 2.7 or when risk of loss otherwise shifts to Client pursuant to the AgreementClient.

Appears in 2 contracts

Samples: Services Agreement (Revance Therapeutics, Inc.), Services Agreement (Revance Therapeutics, Inc.)

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Waiver of Property Claims. All Xxxxxx Supplied Components and equipment used by Xxxxxx in the Production of Client Product (collectively, “Xxxxxx Property”) shall at all times remain the property of Xxxxxx and Xxxxxx assumes risk of loss for such property until delivery of Client Product to a common carrier as specified under Section 2.7 4.2(a) (Delivery) or when risk of loss otherwise shifts to Client. Xxxxxx hereby waives any and all rights of recovery against Client and its Affiliates, and against any of their respective directors, officers, employees, agents or representatives, for any loss or damage to Xxxxxx Property. Except as set forth in section 5.3Section 4.8 (Replacement of Drug Substance and Client Supplied Components), Client assumes all risk of loss at all times for all Client Supplied Components and Client equipment. Client assumes risk of loss for all Client Product upon delivery to a common carrier as specified under Section 2.7 4.2(a) (Delivery) or when risk of loss otherwise shifts to Client pursuant to the AgreementClient.

Appears in 1 contract

Samples: Confidential Treatment (INSMED Inc)

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