Common use of PASSING OF TITLE Clause in Contracts

PASSING OF TITLE. Property in any Warrant-based Commodity shall pass at the time the Warrant is delivered. In any other case, unless otherwise agreed in writing, property shall pass upon delivery of the commodity. Notwithstanding the foregoing, in any Transaction under which you purchase a commodity, property in the commodity shall remain with us until we have received full payment for it.

Appears in 5 contracts

Samples: Margin Trading Agreement, Margin Trading Agreement, Customer Trading Agreement

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PASSING OF TITLE. Property in any Warrant-based Commodity shall pass at the time the Warrant is delivered. In any other case, unless otherwise agreed in writing, property shall pass upon delivery of the commodity. Notwithstanding the foregoing, in any Transaction under which you purchase we sell a commoditycommodity to you, property in the commodity shall remain with us until we have received full payment for it.

Appears in 3 contracts

Samples: Terms of Business, Terms of Business, Terms of Business

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