Delivery, Title and Ownership Sample Clauses

Delivery, Title and Ownership. Title and ownership of the Merchandise will only pass to Buyer after full, unrestricted and irrevocable payment is received and confirmed in Rapaport's bank account. Within one working day after confirmed receipt of funds, Rapaport will deliver Merchandise to Buyers at the specified Rapaport office for each Auction. The risk of loss or damage to the Merchandise will pass to the Buyer upon delivery. Buyers must take delivery of Merchandise purchased within 7 days of Auction Close, after which Buyer will be charged reasonable insurance and storage fees.
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Delivery, Title and Ownership. Title and ownership of the merchandise will only pass to Buyer after full unrestricted payment is received and confirmed in Rapaport's bank account. Within one working day after confirmed receipt of funds, Rapaport will deliver merchandise to Buyers at the specified Rapaport office for each auction. Buyers must take delivery of merchandise purchased within 7 days of Auction Close.

Related to Delivery, Title and Ownership

  • Title and Risk of Loss Notwithstanding the form of shipment, title or other property interest, risk of loss shall not pass from the Contractor to the Authorized User until the Products have been received, inspected and accepted by the receiving entity. Acceptance shall occur within a reasonable time or in accordance with such other defined acceptance period as may be specified in the Bid Specifications or Purchase Order. Mere acknowledgment by Authorized User personnel of the delivery or receipt of goods (e.g., signed xxxx of lading) shall not be deemed or construed as acceptance of the Products received. Any delivery of Product that is substandard or does not comply with the Bid Specifications or Contract terms and conditions, may be rejected or accepted on an adjusted price basis, as determined by the Commissioner.

  • Title and Risk 6.1 The risk in the Goods shall pass to the Customer on completion of delivery.

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