Common use of Passing of risk and ownership Clause in Contracts

Passing of risk and ownership. Risk in the Goods shall pass to the Authority when the Goods are delivered as specified in this Contract or, in the case of Goods which require installation by the Supplier, when that installation process is complete. Ownership of the Goods shall pass to the Authority on the earlier of: full payment for such Goods; or where the goods are consumables or are non-recoverable (e.g. used in clinical procedures), at the point such Goods are taken into use. For the avoidance of doubt, where ownership passes in accordance with this Clause 3.2.2 of this Schedule 2 of these Call-off Terms and Conditions, then the full Contract Price for such Goods shall be recoverable by the Supplier from the Authority as a debt if there is non-payment of a valid undisputed invoice issued by the Supplier to the Authority in relation to such Goods. All tools, equipment and materials of the Supplier required in the performance of the Supplier’s obligations under this Contract shall be and remain at the sole risk of the Supplier, whether or not they are situated at a delivery location.

Passing of risk and ownership. Risk in the Goods shall pass to the Authority when the Goods are delivered as specified in this Contract or, in the case of Goods which require installation by the Supplier, when that installation process is complete. Ownership of the Goods shall pass to the Authority on the earlier of: full payment for such Goods; or where the goods are consumables or are non-recoverable (e.g. used in clinical procedures), at the point such Goods are taken into use. For the avoidance of doubt, where ownership passes in accordance with this Clause 3.2.2 26.2.2 of this Schedule 2 of these Call-off Terms and Conditions2, then the full Contract Price for such Goods shall be recoverable by the Supplier from the Authority as a debt if there is non-payment of a valid undisputed invoice issued by the Supplier to the Authority in relation to such Goods. All tools, equipment and materials of the Supplier required in the performance of the Supplier’s obligations under this Contract shall be and remain at the sole risk of the Supplier, whether or not they are situated at a delivery location.

Passing of risk and ownership. Risk in the Goods shall pass to the Authority when the Goods are delivered as specified in this Contract or, in the case of Goods which require installation by the Supplier, when that installation process is complete. Ownership of the Goods shall pass to the Authority on the earlier of: full payment for such Goods; or where the goods are consumables or are non-recoverable (e.g. used in clinical procedures), at the point such Goods are taken into use. For the avoidance of doubt, where ownership passes in accordance with this Clause 3.2.2 54.2.2 of this Schedule 2 11 of these Call-off Terms and Conditions, then the full Contract Price for such Goods shall be recoverable by the Supplier from the Authority as a debt if there is non-payment of a valid undisputed invoice issued by the Supplier to the Authority in relation to such Goods. All tools, equipment and materials of the Supplier required in the performance of the Supplier’s obligations under this Contract shall be and remain at the sole risk of the Supplier, whether or not they are situated at a delivery location.

Passing of risk and ownership. Risk in the Goods shall pass to the Authority when the Goods are delivered as specified in this Contract or, in the case of Goods which require installation by the Supplier, when that installation process is complete. Ownership of the Goods shall pass to the Authority on the earlier of: full payment for such Goods; or where the goods are consumables or are non-recoverable (e.g. used in clinical procedures), at the point such Goods are taken into use. For the avoidance of doubt, where ownership passes in accordance with this Clause 3.2.2 of this Schedule 2 of these Call-off Terms and Conditions2, then the full Contract Price for such Goods shall be recoverable by the Supplier from the Authority as a debt if there is non-payment of a valid undisputed invoice issued by the Supplier to the Authority in relation to such Goods. All tools, equipment and materials of the Supplier required in the performance of the Supplier’s obligations under this Contract shall be and remain at the sole risk of the Supplier, whether or not they are situated at a delivery location.