Common use of Interpretation of Trade Terms Clause in Contracts

Interpretation of Trade Terms. Trade terms shall be interpreted in accordance with INCOTERMS 2020. Title shall pass to Buyer at the same time as the risks of loss or damage under INCOTERMS 2020. If this Contract does not specify trade terms as defined in INCOTERMS 2020, title and risk of loss shall pass to Buyer upon delivery into the custody of the carrier.

Appears in 2 contracts

Samples: Trinseo S.A., Trinseo S.A.

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Interpretation of Trade Terms. Trade terms shall be interpreted in accordance with INCOTERMS 2020lncoterms 2000. Title shall pass to Buyer at the same time as the risks of loss or damage under INCOTERMS 2020Incoterms 2000. If this Contract does not specify trade terms as defined in INCOTERMS 2020Incoterms 2000, title and risk of loss shall pass to Buyer upon delivery into the custody of the carrier.

Appears in 1 contract

Samples: Sales Contract (Trinseo S.A.)

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Interpretation of Trade Terms. Trade terms shall be interpreted in accordance with INCOTERMS 20202010. Title shall pass to Buyer at the same time as the risks of loss or damage under INCOTERMS 20202010. If this Contract does not specify trade terms as defined in INCOTERMS 20202010, title and risk of loss shall pass to Buyer upon delivery into the custody of the carrier.

Appears in 1 contract

Samples: Trinseo S.A.

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