Common use of DELIVERY AND EXPENSES Clause in Contracts

DELIVERY AND EXPENSES. 7.1. Within two (2) business days of the Closing Date, Seller shall arrange and pay for the Work to be packed and shipped by fine art shippers approved by Agent in writing to Agent’s account at Delaware Freeport, located at 100 Xxxx Xxxxx, Newark, Delaware 19711 (the “Delivery Location”). 7.2. Seller shall be responsible for arranging and paying for all costs and expenses associated with condition inspecting, packing, shipping and insuring the Work from its current location to the Delivery Location. Agent agrees to reimburse Seller for all third-party costs and expenses relating to packing and shipping the Work to the Delivery Location pursuant to this Agreement.

Appears in 3 contracts

Samples: Art Purchase Agreement (Masterworks 013, LLC), Art Purchase Agreement (Masterworks 012, LLC), Art Purchase Agreement (Masterworks 011, LLC)

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DELIVERY AND EXPENSES. 7.1. Within two five (25) business days of the Closing Date, if Seller has not already done so, Seller shall arrange and pay for the Work to be packed and shipped by fine art shippers shippers, approved by Agent in writing writing, to Agent’s account at Delaware Freeport, located at 100 Xxxx Xxxxx, Newark, Delaware 19711 (the “Delivery Location”). 7.2. Seller shall be responsible for arranging and paying for all costs and expenses associated with condition inspecting, packing, shipping and insuring the Work from its current location Storage Location to the Delivery Location, and insuring the Work until the Closing Date. Agent agrees to pay or reimburse Seller for all third-party costs and expenses relating to packing and shipping the Work to the Delivery Location pursuant Location, provided that Agent shall be notified in writing of the amount of such costs prior to this Agreementincurrence.

Appears in 1 contract

Samples: Art Purchase Agreement (Masterworks 075, LLC)

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DELIVERY AND EXPENSES. 7.1. Within two (2) business days of the Closing Date, Seller shall arrange and pay for the Work to be packed and shipped by fine art shippers approved by Agent in writing to Agent’s account at Delaware Freeport, located at 100 Xxxx Xxxxx, Newark, Delaware 19711 (the “Delivery Location”). 7.2. Seller shall be responsible for arranging and paying for all costs and expenses associated with condition inspecting, packing, shipping and insuring the Work from its current location to the Delivery Location. Agent agrees to reimburse Seller for all third-party costs and expenses relating to packing and shipping the Work from the Storage Location to the Delivery Location pursuant to this Agreement.

Appears in 1 contract

Samples: Art Purchase Agreement (Masterworks 066, LLC)

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