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Common use of Bailment Clause in Contracts

Bailment. The Customer acknowledges that it is in possession of the Goods solely as Bailee until payment of all invoices for the Goods is made pursuant to clause 10.1 and until that time: a) the Customer must not encumber or otherwise charge the Goods; and b) the Customer shall be fully responsible for any loss or damage to the Goods whatsoever and howsoever caused following delivery or installation of the Goods to the Customer

Appears in 2 contracts

Samples: Terms and Conditions, Manufacturing Agreement

Bailment. The Customer Client acknowledges that it is in possession of the Goods solely as Bailee until payment of all invoices for the Goods is made pursuant to clause 10.1 15.1 and until that time: a) the Customer must Client is not encumber or otherwise charge entitled to sell the GoodsGoods but only in the ordinary course of business; and b) the Customer Client shall be fully responsible for any loss or damage to the Goods whatsoever and howsoever caused following delivery or installation of the Goods to the CustomerClient.

Appears in 1 contract

Samples: Terms and Conditions

Bailment. The Customer Client acknowledges that it is in possession of the Goods solely as Bailee until payment of all invoices for the Goods is made pursuant to clause clause 10.1 and until that time: a) the Customer Client is not entitled to sell the Goods but only in the ordinary course of business; b) the Client must not encumber or otherwise charge the Goods; and band c) the Customer Client shall be fully responsible for any loss or damage to the Goods whatsoever and howsoever caused following delivery or installation of the Goods to the CustomerClient.

Appears in 1 contract

Samples: Design Services Agreement

Bailment. The Customer acknowledges that it is in possession of the Goods solely as Bailee until payment of all invoices for the Goods is made pursuant to clause 10.1 11.1 and until that time: a) the Customer must not encumber or otherwise charge the Goods; and b) the Customer shall be fully responsible for any loss or damage to the Goods whatsoever and howsoever caused following delivery or installation of the Goods to the Customer

Appears in 1 contract

Samples: Contractor Agreement

Bailment. The Customer acknowledges that it is in possession of the Goods solely as Bailee until payment of all invoices for the Goods is made pursuant to clause 10.1 6.1 and until that time: (a) The Customer is not entitled to sell the Goods but only in the ordinary course of business (b) The Customer must not encumber or otherwise charge the Goods; and bGoods (c) the The Customer shall be fully responsible for any loss or damage to the Goods whatsoever and howsoever caused following delivery or installation of the Goods to the Customer.

Appears in 1 contract

Samples: Terms and Conditions of Trade

Bailment. The Customer acknowledges that it is in possession of the Goods solely as Bailee until payment of all invoices for the Goods is made pursuant to clause 10.1 5.1 and until that time: a) time the Customer must not encumber or otherwise charge the Goods; and b) Goods and the Customer shall be fully responsible for any loss or damage to the Goods whatsoever and howsoever caused following delivery or installation of the Goods to the Customer.

Appears in 1 contract

Samples: Supply Agreement

Bailment. The Customer acknowledges that it is in possession of the Goods solely as Bailee until payment of all invoices for the Goods is made pursuant to clause 10.1 11.1 and until that time: a) time the Customer must not encumber or otherwise charge the Goods; and b) Goods and the Customer shall be fully responsible for any loss or damage to the Goods whatsoever and howsoever caused following delivery or installation of the Goods to the CustomerGoods.

Appears in 1 contract

Samples: Terms of Trade