Passing of the Risk Sample Clauses

Passing of the Risk. The Supplier bears the risk of damage to and perishing of the thing up to the point we or our agent accept the goods at the delivery location in accordance with the agreement. If a delivery includes installation by the Supplier at our premises or at a third-party location and/or acceptance is required by agreement or by law, the risk only passes to us on final acceptance by the end-user. We are entitled to the statutory offsetting and withholding rights, as well as to the defense of nonperformance of contract. We are authorized to retain payments when due, as long as we have any claims against the Supplier arising from incomplete or defective deliveries or services. The Supplier may only exercise a right to offset or a right of retention in the case of uncontested counterclaims or counterclaims recognized by declaratory judgment.
AutoNDA by SimpleDocs
Passing of the Risk. 9.1 The risk of damages and losses of the Goods shall pass to the Buyer from the time the Goods have been shipped Ex-works according to the agreed delivery terms under prevailing INCOTERMS.
Passing of the Risk. (a) The risk passes as follows to the Customer: y for deliveries without assembly: when the goods leave the delivering works, are notified as ready for collection or shipment; y for deliveries with assembly: on the date of take-over on the Customer‘s premises.
Passing of the Risk. The Goods are at the risk of the Customer from the date that notice is provided to the Customer that the Goods are ready for delivery.

Related to Passing of the Risk

  • 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.

  • Service Offerings Our Services vary and particular descriptions of such Services can be found at points where you access each respective Service. We genera ly provide the Services to you free of charge, unless otherwise noted at the time the Services are presented to you for acceptance and use. Use of our Services is subject to your agreement with this XXXX and your compliance with same. We make no representation or warranty with respect to the quality, accuracy and/or completeness of the Services. We may suspend, modify, terminate and/or alter the Services at any time and for any reason, in our sole discretion.

  • Processing of Grievance It is recognized and accepted by the Union and the County that the processing of grievances as hereinafter provided is limited by the job duties and responsibilities of the employees and shall therefore be accomplished during normal working hours only when consistent with such employee duties and responsibilities. The aggrieved employee's representative, if an employee, shall be allowed a reasonable amount of time without loss in pay, to investigate a grievance, and present grievances to the County during normal working hours provided the employee and the employee representative have notified the designated supervisor.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!