Common use of Passing of Risk Clause in Contracts

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.

Appears in 2 contracts

Samples: General Terms and Conditions of Sale, General Terms and Conditions of Sale

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Passing of Risk. 5.1. 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 if 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.

Appears in 1 contract

Samples: General Terms and Conditions of Sale

Passing of Risk. 5.1 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 if transport is organised organized 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.

Appears in 1 contract

Samples: General Terms and Conditions

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Passing of Risk. Benefit and risk shall pass to the Purchaser when the Seller communicates to the Purchaser 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.

Appears in 1 contract

Samples: General Terms and Conditions of Sale

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