Common use of PASSING OF TITLE AND RISK Clause in Contracts

PASSING OF TITLE AND RISK. Property or title to and risk in the Goods shall remain with the Seller until they are delivered at the point specified in the Order and accepted by the Buyer by signing a delivery order. Passing of property or title to the Goods shall not affect the right to reject the Goods.

Appears in 3 contracts

Samples: Purchase Agreement, Purchase Order Terms and Conditions, Purchase Order Terms and Conditions

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PASSING OF TITLE AND RISK. 7.1 Property or title to and risk in the Goods shall remain with the Seller until they are delivered at the point specified in the Order and accepted by the Buyer by signing a delivery orderDelivery Order. Passing of property or title to the Goods shall not affect the right to reject the Goods. 7.2 In the instance of rejected Goods, risk of loss passes to Seller upon notification of rejection from Buyer.

Appears in 1 contract

Samples: Purchase Order Agreement

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