Common use of Materials on Site Clause in Contracts

Materials on Site. 15.1 The Builder shall retain legal, equitable and beneficial ownership of and title to any plant, equipment, appliances, products or materials that are intended to be incorporated into the Building, even once they have been brought onto the Property by the Builder or the Builder’s subcontractors or suppliers (the “Builder’s Materials”), until the progress payment relating to the Builder’s Materials, and all preceding progress payments, have been paid in full.

Materials on Site. 15.1 13.1 The Builder shall retain legal, equitable and beneficial ownership of and title to any plant, equipment, appliances, products or materials that are intended to be incorporated into the Building, even once they have been brought onto the Property by the Builder or the Builder’s subcontractors or suppliers (the “Builder’s Materials”), until the progress payment invoice relating to the Builder’s Materials, and all preceding progress paymentsinvoices, have been paid in full.

Materials on Site. 15.1 14.1 The Builder shall retain legal, equitable and beneficial ownership of and title to any plant, equipment, appliances, products or materials that are intended to be incorporated into the Building, even once they have been brought onto the Property by the Builder or the Builder’s subcontractors or suppliers (the “Builder’s Materials”), until the progress payment relating to the Builder’s Materials, and all preceding progress payments, have been paid in full.