Common use of Risk and Ownership Clause in Contracts

Risk and Ownership. 9.1 In the event of Swazi Mobile providing you with Device(s), then: – 9.1.1 From the moment you take possession of the Devices, you will be responsible for and liable for all risk in and to the Devices which will include but not be limited to loss, damage, accidental damage, liquid damage, theft, or unauthorised use of the Devices subject to any applicable warranty provided with such Devices or imposed by operation of law; and 9.1.2 Swazi Mobile will remain the owner of the Devices for the duration of the Initial Period until the Device(s) is fully paid by you. 9.2 All risk in and to the SIM card which will include but not be limited to the loss, damage, accidental damage, liquid damage, theft and unauthorised use etc of the SIM Card shall pass to you upon delivery of the SIM Card. 9.3 The provisions of clause 9.1 shall also apply, with the necessary changes, to the Renewal Period where you have chosen an Upgrade.