Common use of Delivery of Tangible Purchased Assets Clause in Contracts

Delivery of Tangible Purchased Assets. As soon as practicable (and in any case within [**](5) after the Closing Date), MUTUAL shall have delivered all tangible assets included in the Purchased Assets (other than Inventory, for which title shall pass to TRIBUTE on the Closing Date but the physical Inventory shall remain at the warehouse facilities of MUTUAL and shall be governed by the terms of the Transition Services Agreement) at MUTUAL’s risk and expense. All such tangible assets shall be shipped DAP TRIBUTE’s facility located at c/o Tribute, 0000 Xxxxx Xxxxx Xxxxxx, Charlotte, North Carolina 28273 (Incoterms 2010). From and after the delivery of such tangible assets included in the Purchased Assets by MUTUAL or its shipper to TRIBUTE’s facilities, TRIBUTE shall bear all risk of loss for such items and shall be solely responsible for all such tangible assets included in the Purchased Assets against any such loss.

Delivery of Tangible Purchased Assets. As soon as practicable (and in any case within [**](5) 5 after the Closing Date), MUTUAL shall have delivered all tangible assets included in the Purchased Assets (other than Inventory, for which title shall pass to TRIBUTE on the Closing Date but the physical Inventory shall remain at the warehouse facilities of MUTUAL and shall be governed by the terms of the Transition Services Agreement) at MUTUAL’s risk and expense. All such tangible assets shall be shipped DAP TRIBUTE’s facility located at c/o Tribute, 0000 Xxxxx Xxxxx Xxxxxx, Charlotte, North Carolina 28273 (Incoterms 2010). From and after the delivery of such tangible assets included in the Purchased Assets by MUTUAL or its shipper to TRIBUTE’s facilities, TRIBUTE shall bear all risk of loss for such items and shall be solely responsible for all such tangible assets included in the Purchased Assets against any such loss.