Common use of Deferred Delivery Clause in Contracts

Deferred Delivery. All Goods on which delivery is deferred at the request of or because of Buyer, or on which delivery is deferred at the option of Seller under any of the provisions of this Contract, shall be at the risk of the Buyer. Seller, in addition to any other rights or remedies it may have hereunder, may hold and forthwith invoice such Goods for immediate payment. Seller shall hold the Goods and retain title thereto as security for the invoice value thereof and for such other sums as they may then or thereafter be due from Buyer to Seller under this Contract or any other contract between the parties. Seller shall have all rights, remedies and liens as an unpaid Seller as provided for by law. If Seller defers delivery at the request of, or because of Buyer or Seller's option, and whether or not Seller bills the Goods as above provided, Buyer shall be liable for all storage, insurance, handling and all other charges or expenses incurred by Seller by reason of the deferred delivery as well as for the interest on the Contract price of the goods at the highest rate allowable by law. At any time while Seller is so holding the Goods, it may, in its sole and absolute discretion, cancel any credit terms extended to Buyer.

Deferred Delivery. All Goods on which delivery is deferred at the request of or because of Buyer, or on which delivery is deferred at the option of Seller under any of the provisions of this Contract, shall be at the risk of the Buyer. Seller, in addition to any other rights or remedies it may have hereunder, may hold and forthwith invoice such Goods for immediate payment. Seller shall hold the Goods and retain title thereto as security for the invoice value thereof and for such other sums as they may then or thereafter be due from Buyer to Seller under this Contract or any other contract between the parties. Seller shall have all rights, remedies and liens as an unpaid Seller as provided for by law. If Seller defers delivery at the request of, or because of Buyer or Seller's option, and whether or not Seller bills the Goods as above provided, Buyer shall be liable for all storage, insurance, handling and all other charges or expenses incurred by Seller by reason of the deferred delivery as well as for the interest on the Contract price of the goods at the highest rate allowable by law. At any time while Seller is so holding the Goods, it may, in its sole and absolute discretion, cancel any credit terms extended to Buyer.the