Ownership 4 Sample Clauses

Ownership 4. 1 Oxygen equipment shall remain the sole property of Afrox at all times and are never sold, excluding accessory items. The customer/surety shall not sell or part with possession of the oxygen equipment except when returning to Afrox and therefore the customer must insist on a valid receipt of return. 4.2 If this agreement is terminated for any reason, the customer shall within 48 hours from the date of termination, return the equipment to Afrox to prevent further rental charges. 4.3 In the event of death of the customer, the surety/next of kin shall within 48 hours from the date of death notify Afrox and return the equipment to Afrox within 7 days after death. 4.4 At the termination of the hire, it is the responsibility of the Lessee to return the oxygen equipment in a good condition taking into account normal wear and tear. 4.5 The Customer/Surety shall be responsible for the full replacement cost of any damage or loss of the oxygen equipment. It is to the discretion of the customer to adequately insure equipment whilst in their possession. 5. Risk 5.1 Risk in the oxygen equipment will pass to the customer when the customer takes possession of the oxygen equipment and the customer acknowledges that the collection / acceptance of any oxygen equipment from Afrox shall be at its own risk and personal responsibility needs to be taken for transporting and handling the load safely. 5.2 Afrox is not responsible for any injury, damage or death to any person or property as a result of smoking by the Customer or a fire hazard in proximity to the oxygen equipment. Afrox will therefore not accept responsibility if the oxygen equipment is handled in an unsafe manner. 6. Payment terms 6.1 The customer specifically acknowledges that in the event the medical scheme fails to pay for oxygen equipment for whatever reason, the customer is personally responsible for payment thereof and such payment shall be made within thirty (30) days ( due date) of the production of an invoice by Xxxxx. 6.2 Any short payments/rejection or unauthorized purchases not settled by the medical Aid during trading will be the responsibility of the patients account and must be settled within thirty (30) days (due date) of the production of an invoice by Afrox. 7.
AutoNDA by SimpleDocs
Ownership 4. Compensation (but only to the extent that such compensation terms would normally apply to other surviving Agreement provisions (e.g. - License Grants), 5. Maintenance and Support Obligations, 7. Intellectual Property Indemnification; 9. Confidentiality and Non-disclosure, and 10. General Provisions. Additionally, Intel shall have the right to possess and use a reasonable number of archive copies of the Licensed Deliverables for the sole purpose of providing end user customer support and maintenance for the Intel Integrated Product(s) following any expiration or termination of the Agreement.
Ownership 4. 6.1. Novistar shall retain all right, title and interest to the Intellectual Property Rights in the Novistar Programs. Oracle shall retain all right, title and interest to the Intellectual Property Rights in the Oracle Financial Programs. Except as provided in Section 4.6.2 below, ownership rights relating to modifications, enhancements, or any other derivative works of each party's Programs shall be as set forth in the Services Subcontract Agreement attached as Exhibit D. 4.6.2
Ownership 4 

Related to Ownership 4

  • OWNERSHIP/TITLE The Licensed Software is the proprietary property of Symantec or its licensors and is protected by copyright law. Symantec and its licensors retain any and all rights, title and interest in and to the Licensed Software, including in all copies, improvements, enhancements, modifications and derivative works of the Licensed Software. Your rights to use the Licensed Software shall be limited to those expressly granted in this License Agreement. All rights not expressly granted to You are retained by Symantec and/or its licensors.

  • Ownership Rights Nothing contained in this Agreement shall be construed as (a) establishing or granting to Registry Operator any property ownership rights or interests of Registry Operator in the TLD or the letters, words, symbols or other characters making up the TLD string, or (b) affecting any existing intellectual property or ownership rights of Registry Operator.

  • Ownership Ownership of the Deposits during the effective term of the Registry Agreement shall remain with Registry Operator at all times. Thereafter, Registry Operator shall assign any such ownership rights (including intellectual property rights, as the case may be) in such Deposits to ICANN. In the event that during the term of the Registry Agreement any Deposit is released from escrow to ICANN, any intellectual property rights held by Registry Operator in the Deposits will automatically be licensed to ICANN or to a party designated in writing by ICANN on a non-­‐exclusive, perpetual, irrevocable, royalty-­‐free, paid-­‐up basis, for any use related to the operation, maintenance or transition of the TLD.

  • Share Ownership No officer or director or any direct or indirect beneficial owner (including the Insiders) of any class of the Company’s unregistered securities is an owner of shares or other securities of any member of FINRA participating in the Offering (other than securities purchased on the open market).

  • Data Ownership BA acknowledges that BA has no ownership rights with respect to the Protected Information.

  • Ownership by Company If, during Executive’s employment by Company, Executive creates any work of authorship fixed in any tangible medium of expression that is the subject matter of copyright (such as videotapes, written presentations, or acquisitions, computer programs, E-mail, voice mail, electronic databases, drawings, maps, architectural renditions, models, manuals, brochures, or the like) relating to Company’s business, products, or services, whether such work is created solely by Executive or jointly with others (whether during business hours or otherwise and whether on Company’s premises or otherwise), including any Work Product, Company shall be deemed the author of such work if the work is prepared by Executive in the scope of Executive’s employment; or, if the work is not prepared by Executive within the scope of Executive’s employment but is specially ordered by Company as a contribution to a collective work, as a part of a motion picture or other audiovisual work, as a translation, as a supplementary work, as a compilation, or as an instructional text, then the work shall be considered to be work made for hire and Company shall be the author of the work. If such work is neither prepared by Executive within the scope of Executive’s employment nor a work specially ordered that is deemed to be a work made for hire, then Executive hereby agrees to assign, and by these presents does assign, to Company all of Executive’s worldwide right, title, and interest in and to such work and all rights of copyright therein.

  • Company Ownership Company will own its respective right, title, and interest, including Intellectual Property Rights, in and to the Company Data. Company hereby grants BNYM a limited, nonexclusive, nontransferable license to access and use the Company Data, and consents to BNYM’s permitting access to, transferring and transmitting Company Data, all as appropriate to Company’s use of the Licensed Rights or as contemplated by the Documentation.

  • Record Ownership The Company, or its attorney, shall maintain a register of the Holder of the Debentures (the "Register") showing their names and addresses and the serial numbers and principal amounts of Debentures issued to them. The Register may be maintained in electronic, magnetic or other computerized form. The Company may treat the person named as the Holder of this Debenture in the Register as the sole owner of this Debenture. The Holder of this Debenture is the person exclusively entitled to receive payments of interest on this Debenture, receive notifications with respect to this Debenture, convert it into Common Stock and otherwise exercise all of the rights and powers as the absolute owner hereof.

  • Ownership and Title Motorola, its licensors, and its suppliers retain all of their proprietary rights in any form in and to the Software and Documentation, including, but not limited to, all rights in patents, patent applications, inventions, copyrights, trademarks, trade secrets, trade names, and other proprietary rights in or relating to the Software and Documentation (including any corrections, bug fixes, enhancements, updates, modifications, adaptations, translations, de-compilations, disassemblies, emulations to or derivative works from the Software or Documentation, whether made by Motorola or another party, or any improvements that result from Motorola’s processes or, provision of information services). No rights are granted to Licensee under this Agreement by implication, estoppel or otherwise, except for those rights which are expressly granted to Licensee in this Agreement. All intellectual property developed, originated, or prepared by Motorola in connection with providing the Software, Designated Products, Documentation or related services, remains vested exclusively in Motorola, and Licensee will not have any shared development or other intellectual property rights.

Time is Money Join Law Insider Premium to draft better contracts faster.