Common use of Risk and Ownership Clause in Contracts

Risk and Ownership. 19.1 The Subscriber acknowledges and agrees that all rights title and ownership in respect to the services and to any Network Equipment shall at all times remain vested in Service Provider. 19.2 All rights of ownership in and to any Equipment and/or Network Equipment – 19.2.1 supplied by Service Provider on a loan or rental basis, shall remain vested in Service Provider; 19.2.2 purchased by the Subscriber from Service Provider and supplied by Service Provider either free of charge or at a subsidised price shall remain vested in Service Provider for the duration of the initial period of the Service Schedule in terms of which it is supplied; and 19.2.3 at Service Provider’s listed price shall remain vested in Service Provider until the Subscriber has made payment therefore in full to Service Provider. 19.3 All risk in and to – 19.3.1 the Equipment and/or Network Equipment shall pass to the Subscriber upon delivery thereof and the Subscriber shall be liable for any and all loss, theft or destruction of or damage thereto, howsoever arising. 19.3.2 In the event of damage to or the loss, theft or destruction of the Equipment and/or Network Equipment or any portion thereof, the Subscriber shall be obliged to pay to Service Provider the cost of replacing and/or making good the Equipment and/or Network Equipment so damaged, lost, stolen or destroyed. 19.4 The Subscriber undertakes – 19.4.1 to display in relation to the Equipment and/or Network Equipment no lesser degree of care than it would, had same belonged to it, and shall take all reasonably necessary precautions to avoid loss, theft or destruction of or damage to the Equipment and/or the Network Equipment; 19.4.2 not to, in any manner, alienate, encumber or otherwise dispose of the Equipment and/or the Network Equipment; 19.4.3 not to procure repair or maintenance of the Equipment and/or the Network Equipment by any third party without the prior written consent of Service Provider or in any other manner tamper with the Equipment and/or the Network Equipment.

Risk and Ownership. 19.1 19.1. The Subscriber acknowledges and agrees that all rights title and ownership in respect to the services and to any Network Equipment shall at all times remain vested in Service Provider. 19.2 19.2. All rights of ownership in and to any Equipment and/or Network Equipment –Equipment: 19.2.1 19.2.1. supplied by Service Provider on a loan or rental basis, shall remain vested in Service Provider; 19.2.2 19.2.2. purchased by the Subscriber from the Service Provider and supplied by Service Provider either free of charge or at a subsidised price shall remain vested in Service Provider for the duration of the initial period of the Service Schedule in terms of which it is supplied; and 19.2.3 19.2.3. supplied to the Subscriber by Service Provider at the Service Provider’s listed price shall remain vested in the Service Provider until the Subscriber has made payment therefore therefor in full to the Service Provider. 19.3 19.3. All risk in and to – 19.3.1 19.3.1. the Equipment and/or Network Equipment shall pass to the Subscriber upon delivery thereof to the Subscriber and the Subscriber shall be liable for any and all loss, theft or destruction of or damage thereto, howsoever arising. 19.3.2 19.3.2. In the event of damage to or the loss, theft or destruction of the Equipment and/or Network Equipment or any portion thereof, the Subscriber shall be obliged to pay to Service Provider the cost of replacing and/or making good the Equipment and/or Network Equipment so damaged, lost, stolen or destroyed. 19.4 19.4. The Subscriber undertakes – 19.4.1 19.4.1. to display in relation to the Equipment and/or Network Equipment no lesser degree of care than it would, had same belonged to it, and shall take all reasonably necessary precautions to avoid loss, theft or destruction of or damage to the Equipment and/or the Network Equipment; 19.4.2 19.4.2. not to, in any manner, alienate, encumber or otherwise dispose of the Equipment and/or the Network Equipment; 19.4.3 19.4.3. not to procure repair or maintenance of the Equipment and/or the Network Equipment by any third party without the prior written consent of Service Provider or in any other manner tamper with the Equipment and/or the Network Equipment.. pg. 32 Initial:

Risk and Ownership. 19.1 18.1 The Subscriber acknowledges and agrees that all rights title and of ownership in respect to the services and to any Network Equipment shall shall, at all times times, remain vested in Service Provider. 19.2 18.2 All rights of ownership in and to any Equipment and/or Network Equipment – 19.2.1 18.2.1 supplied by Service Provider on a loan or rental basis, price shall remain vested in Service Provider; 19.2.2 18.2.2 purchased by the Subscriber from Service Provider and supplied by Service Provider either free of charge or at a subsidised price shall remain vested in Service Provider for the duration of the initial period of the Service Schedule in terms of which it is supplied; and 19.2.3 18.2.3 at Service Provider’s listed price shall remain vested in Service Provider until the Subscriber has made payment therefore in full to Service Provider. 19.3 18.3 All risk in and to – 19.3.1 18.3.1 the Equipment and/or Network Equipment shall pass to the Subscriber on installation thereof in/on/at the Subscriber’s premises; 18.3.2 the Equipment and/or Network Equipment shall pass to the Subscriber upon delivery thereof and the Subscriber shall be liable for any and all loss, theft or destruction of or damage thereto, howsoever arising. 19.3.2 18.4 In the event of damage to or the loss, theft or destruction of the Equipment and/or Network Equipment or any portion thereof, the Subscriber shall be obliged to pay to Service Provider the cost of replacing and/or making good the Equipment and/or Network Equipment so damaged, lost, stolen or destroyed. 19.4 18.5 The Subscriber undertakes – 19.4.1 18.5.1 to display in relation to the Equipment and/or Network Equipment no lesser degree of care than it would, would had same belonged to it, it and shall take all reasonably necessary precautions to avoid loss, theft or destruction of or damage to the Equipment and/or the Network Equipment; 19.4.2 not to18.5.2 not, in any manner, to alienate, encumber or otherwise dispose of the Equipment and/or the Network Equipment; 19.4.3 18.5.3 not to procure repair or maintenance of the Equipment and/or the Network Equipment by any third party without the prior written consent of Service Provider or in any other manner tamper with the Equipment and/or the Network Equipment.

Risk and Ownership. 19.1 19.1. The Subscriber acknowledges and agrees that all rights title and ownership in respect to the services and to any Network Equipment shall at all times remain vested in Service Provider. 19.2 19.2. All rights of ownership in and to any Equipment and/or Network Equipment –Equipment: 19.2.1 19.2.1. supplied by Service Provider on a loan or rental basis, shall remain vested in Service Provider; 19.2.2 19.2.2. purchased by the Subscriber from the Service Provider and supplied by Service Provider either free of charge or at a subsidised price shall remain vested in Service Provider for the duration of the initial period of the Service Schedule in terms of which it is supplied; and 19.2.3 19.2.3. supplied to the Subscriber by Service Provider at the Service Provider’s listed price shall remain vested in the Service Provider until the Subscriber has made payment therefore therefor in full to the Service Provider. 19.3 19.3. All risk in and to – 19.3.1 19.3.1. the Equipment and/or Network Equipment shall pass to the Subscriber upon delivery thereof to the Subscriber and the Subscriber shall be liable for any and all loss, theft or destruction of or damage thereto, howsoever arising. 19.3.2 19.3.2. In the event of damage to or the loss, theft or destruction of the Equipment and/or Network Equipment or any portion thereof, the Subscriber shall be obliged to pay to Service Provider the cost of replacing and/or making good the Equipment and/or Network Equipment so damaged, lost, stolen or destroyed. 19.4 19.4. The Subscriber undertakes – 19.4.1 19.4.1. to display in relation to the Equipment and/or Network Equipment no lesser degree of care than it would, had same belonged to it, and shall take all reasonably necessary precautions to avoid loss, theft or destruction of or damage to the Equipment and/or the Network Equipment; 19.4.2 19.4.2. not to, in any manner, alienate, encumber or otherwise dispose of the Equipment and/or the Network Equipment;; Tel: +▇▇ (▇)▇▇ ▇▇▇ ▇▇▇▇ Fax: +▇▇ (▇)▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Drive Unit 5 Meyersdal Office Park ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, 1448 19.4.3 19.4.3. not to procure repair or maintenance of the Equipment and/or the Network Equipment by any third party without the prior written consent of Service Provider or in any other manner tamper with the Equipment and/or the Network Equipment.