OWNERSHIP AND RISK. 10.1 Ownership of, and unencumbered title in, the Supplies shall pass to the Purchaser on the earlier of: (a) delivery; or (b) the date of payment for the Supplies. 10.2 The Supplier shall be responsible for the care of the Supplies until the date that risk passes in accordance with clause 10.4. 10.3 If loss or damage occurs to the Supplies while the Supplier is responsible for their care, the Supplier shall, at its cost, promptly rectify such loss or damage. 10.4 Risk in the Supplies shall pass to the Purchaser on delivery. 10.5 The Supplier grants to the Purchaser an irrevocable licence to enter the Supplier’s premises to remove all Goods for which ownership has passed to the Purchaser. To the extent permitted by law, the Supplier indemnifies the Purchaser against all claims arising out of or in connection with the Purchaser’s exercise of the licence granted under this clause.
Appears in 9 contracts
Samples: Purchase Order Agreement, Purchase Order Agreement, Purchase Order Agreement