Common use of ARTICLES IN REPOSSESSED/RETURNED GOODS Clause in Contracts

ARTICLES IN REPOSSESSED/RETURNED GOODS. In the event of the Goods being repossessed or returned the Owner shall not be responsible or liable for any property or article alleged to have been left with or attached to the Goods by the Hirer. Should such property or article be found with or in the Goods by the Owner unless the same is collected by the Hirer within seven (7) days from the date of repossession or return the Owner shall be at liberty to sell the said property or article, the net proceeds whereof will be credited to the account of the Hirer but in the event of the Owner being unable to sell the said property or articles within a reasonable period the Owner may dispose of the same in whatever manner it deems fit. The Hirer shall indemnify the owner against any claims by a third party in respect of any property or article so sold or disposed of as aforesaid in which such third party has or claims an interest.

Appears in 3 contracts

Samples: Hire Purchase Agreement, Hire Purchase Agreement, Hire Purchase Agreement

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ARTICLES IN REPOSSESSED/RETURNED GOODS. In the event of the Goods being repossessed or returned returned, the Owner shall not be responsible or liable for any property or article alleged to have been left with or attached to the Goods by the Hirer. Should such property or article be found with or in the Goods by the Owner unless the same is collected by the Hirer within seven (7) days from the date of repossession or return the Owner shall be at liberty to sell the said property or article, the net proceeds whereof will be credited to the account of the Hirer but in the event of the Owner being unable to sell the said property or articles within a reasonable period the Owner may dispose of the same in whatever manner it deems fit. The Hirer shall indemnify the owner against any claims by a third party in respect of any property or article so sold or disposed of as aforesaid in which such third party has or claims an interest.

Appears in 2 contracts

Samples: Hire Purchase Agreement, Hire Purchase Agreement

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