Passing of Risk. Save as provided in paragraph 7.6, the time at which the risk shall pass shall be fixed in accordance with the International Rules for the Interpretation of Trade Terms (Incoterms) of the International Chamber of Commerce in force at the date of the formation of the contract.
Passing of Risk. All the benefit of and risk in and to the Property shall pass to the Purchaser on the Date of occupation referred to in clause 6 hereof or the date of registration of transfer of the Property into the name of the Purchaser, whichever date occurs first.
Passing of Risk. All the benefit of and risk in and to the unit shall pass to the purchaser on transfer.
Passing of Risk. (a) Upon Registration of the Purchaser against the Unit as per this Agreement within the Oqood Pre- registration System the Purchaser acknowledges that it shall share the risk of possession of the Unit with the Seller.
(b) Provided that the Purchaser has fulfilled the Purchaser’s obligations under this Agreement, and subject to the provisions contained in this Agreement, the Purchaser shall have the right to, and bear the risk of, possession of the Unit from Completion.
(c) The Seller will be entitled to refuse to hand-over possession and occupation of the Unit to the Purchaser if the Purchaser has failed to pay any monies owed under this Agreement or has failed to rectify any breach of any provision(s) of this Agreement.
(d) All rights and risks in respect of the Unit will pass to the Purchaser on Completion, irrespective of whether or not the Purchaser has taken physical possession of the Unit.
(e) The possession and risk with respect to the Building Common Areas will pass to the Purchaser in proportion to his/its Entitlement and further to Building Owners Association/Owners Committee upon its legal formation in accordance with the Applicable Law or the risk with respect to the Building Common Areas will pass to the Building Owners Association/Owners Committee on the appointment of the Building Manager.
Passing of Risk. All the benefit of and risk in and to the Unit shall pass to the Purchaser on the transfer date.
Passing of Risk. Clause 10
Passing of Risk. If the Software is provided via electronic communication media (e. g. via internet) the risk of accidental destruction or accidental deterioration shall pass when the Software leaves our sphere of influence (e. g. when making a download).
Passing of Risk. Benefit and risk shall pass to the Purchaser when the Seller communicates to the Purchaser that the goods are at the disposal of the Purchaser. The foregoing shall also apply in the event that the delivery is carried out free of charge or that transport is organised by the Seller. In any case, benefit and risk shall pass to the Purchaser no later than when the goods are handed over to the first carrier.
Passing of Risk. 9.1 Goods for home market: in cases where Seller carries or arranges the carriage of the Goods, risk passes upon delivery by the carrier to or to the order of Buyer. In all other cases risk passes on collection from Seller's premises.
9.2 Goods for export markets: risk passes in accordance with the Incoterm that Seller and Buyer have agreed shall apply to the Contract. In all other cases risk passes on collection from Seller's premises.
Passing of Risk. Until the actual date of handing over of the project or any part thereof, the project or part of the same, shall remain at the sole risk of the "DEVELOPER", and the "DEVELOPER" shall be solely responsible for any loss of or damage caused to or suffered by the "DEVELOPER" for any reasons whatsoever to whole or any part of the Project and Project Facilities, unless such loss or damage caused to or suffered by the "DEVELOPER" is due to any act of default or omission or negligence on the part of the "RWS".
