Conveyance Security Clause Samples
The Conveyance Security clause establishes measures to protect the transfer of property or assets from one party to another. It typically outlines requirements such as the provision of clear title, the use of escrow accounts, or the need for security interests to ensure that the transfer is legitimate and free from encumbrances. By setting these standards, the clause helps prevent disputes over ownership and ensures that both parties are protected during the conveyance process.
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Conveyance Security. When Seller is performing or subcontracting conveyance services, conveyance and container integrity shall be maintained while the conveyance is en route transporting cargo from origin to destination, including, but not limited to, tracking and monitoring activity logs, a documented verification process, and driver notification of any abnormalities with the conveyance and/or container.
Conveyance Security. UBI should implement reasonable steps to protect against the introduction of unauthorized personnel and material in conveyance (e.g., containers, trucks, drums, etc.) destined to Siemens.