Possession, Title and Risk Sample Clauses

Possession, Title and Risk. Possession of and title to Natural Gas delivered pursuant hereto shall pass from the Seller to the Purchaser at the Delivery Points when the Natural Gas is accepted by the pipeline for transport for the Purchaser's account and is recorded by the proper metering device. Until such time, the Seller shall be deemed to be in control and possession of, have title to and be responsible for such Natural Gas and, after such time, the Purchaser shall be deemed to be in control and possession of, have title to and be responsible for such Natural Gas.
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Possession, Title and Risk. (a) The Customer acknowledges that the Company owns the Equipment and in all circumstances retains title to the Equipment (even if the Customer goes into liquidation or becomes bankrupt during the Hire Period). The Customer’s rights to use the Equipment are as a bailee only and the Customer does not have any right interest or claim in or over the Equipment except as expressly provided in this Hire Agreement.
Sample 1
Possession, Title and Risk. Possession of and title to Gold delivered shall pass from Seller to Purchaser at the Delivery Point when the Gold is accepted by Purchaser or for Purchaser’s account and is weighed and recorded (upon acceptance, such Gold shall be referred to as “Purchaser’s Gold”). Until such acceptance, Seller shall be deemed to be in control and possession of, have title to, and be responsible for all such Gold and, after such time, Purchaser shall be deemed to have title to all such Gold until such time as it is sold to any Third Party Purchaser in accordance with the provisions of Article III of this Agreement. The Gold to be delivered by Seller to Purchaser shall be free and clear of all liens including taxes and royalties for which Seller is responsible, except for those in favor of Purchaser.
Sample 1
Possession, Title and Risk. Possession of and title to Natural Gas delivered pursuant hereto and the Confirmation Letter shall pass from Seller to Purchaser at the Delivery Points when the Natural Gas is nominated and confirmed for delivery from the pool pursuant to the transporting pipeline's FERC tariff. Until such time, Seller shall be deemed to be in control and possession of, have title to, risk of loss of and be responsible for such Natural Gas and, after such time, Purchaser shall be deemed to be in control and possession of, have title to, risk of loss of and be responsible for such Natural Gas.
Sample 1
Possession, Title and Risk. Possession of and title to Crude Oil delivered pursuant hereto shall pass from Seller to Purchaser at the Delivery Location when the Crude Oil is accepted by the pipeline for transport for Purchaser's account and is recorded by the proper metering device. Until such time, Seller shall be deemed to be in control and possession of, have title to and be responsible for such Crude Oil and, after such time, Purchaser shall be deemed to be in control and possession of, have title to and be responsible for such Crude Oil.
Sample 1
Possession, Title and Risk. Unless and until the Release of Escrow under Section 5.3(b) and during PCP Sub’s right of recission under Section 5.3(a), (i) the Assets shall remain in the possession of PCP Sub on the premises of Pocono, (ii) title to the Assets shall be vested in NBI, but shall be held by the Escrow Agent pursuant to the terms of the Escrow Agreement, and (iii) risk in the Assets passes to NBI Sub at the Closing.
Sample 1
Possession, Title and Risk. (a) Unless BNPP ETC and BNPP ET otherwise agree, possession of and title to any quantities of Crude Oil sold under each Supply Contract shall pass to BNPP ETC in accordance with the terms of the applicable Supply Contract. Possession of and title to any quantities of Crude Oil Delivered pursuant to this Agreement and any Deal Sheet shall pass from BNPP ETC to BNPP ET at such time as such quantities of Crude Oil cross into the United States. Until such time, BNPP ETC shall be deemed to be in control and possession of, have title to, risk of loss of and be responsible for such Crude Oil and, after such time, BNPP ET shall be deemed to be in control and possession of, have title to, risk of loss of and be responsible for such Crude Oil.
Sample 1
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Possession, Title and Risk. Possession of and title to any quantities of Crude Oil Delivered pursuant to this Agreement and any Deal Sheet shall pass from Seller to Purchaser at the relevant Delivery Location when such Crude Oil is either (a) transferred to or delivered into the facilities of Purchaser’s designee at the Delivery Location for the account of Purchaser and such transfer is recorded by the applicable metering device or (b) the transporting Pipeline issues a custody transfer certificate or similar form or the Pipeline enters a notation in the Pipeline’s electronic records. Until such time, Seller shall be deemed to be in control and possession of, have title to, risk of loss of and be responsible for such Crude Oil and, after such time, Purchaser shall be deemed to be in control and possession of, have title to, risk of loss of and be responsible for such Crude Oil.
Sample 1
Possession, Title and Risk. Possession of and title to Natural Gas delivered pursuant hereto, excluding any Dedicated Gas, shall pass from Seller to Purchaser at the Delivery Points when the Natural Gas is accepted by the pipeline for transport for Purchaser's account and is recorded by the proper metering device (upon acceptance, such Natural Gas, excluding any Dedicated Gas, being "Purchaser Gas"). Until such time, Seller shall be deemed to be in control and possession of, have title to, and be responsible for such Natural Gas and, after such time, Purchaser shall be deemed to have title to such Natural Gas until such time as same is sold to any Third Party Purchaser.
Sample 1

Related to Possession, Title and Risk

  • Delivery, Title and Risk of Loss Unless otherwise specified on the EDDYFI quotation, delivery is FCA (Manufacturing Site). In any case, delivery and risk of loss is in accordance with INCOTERMS 2010. Title to products shall pass to the Customer upon full payment of the invoice(s). In the absence of specific instructions, goods will be shipped via the carrier EDDYFI deems most practical. No claim for error in shipment will be considered unless made within ten (10) days of Customer’s receipt of goods.

  • Title and Risk 6.1 The risk in the Goods shall pass to the Customer on completion of delivery.

  • Title and Risk of Loss Notwithstanding the form of shipment, title or other property interest, risk of loss shall not pass from the Contractor to the Authorized User until the Products have been received, inspected and accepted by the receiving entity. Acceptance shall occur within a reasonable time or in accordance with such other defined acceptance period as may be specified in the Bid Specifications or Purchase Order. Mere acknowledgment by Authorized User personnel of the delivery or receipt of goods (e.g., signed xxxx of lading) shall not be deemed or construed as acceptance of the Products received. Any delivery of Product that is substandard or does not comply with the Bid Specifications or Contract terms and conditions, may be rejected or accepted on an adjusted price basis, as determined by the Commissioner.

  • Passage of Title and Risk of Loss Legal title, equitable title and risk of loss with respect to the Acquired Assets will not pass to Buyer until the Acquired Assets are transferred at the Closing.

  • Title to Properties; Absence of Encumbrances The Borrower and each other member of the Borrower Affiliated Group has good and marketable title to all of the properties, assets and rights of every name and nature now purported to be owned or leased by it, including, without limitation, such properties, assets and rights as are reflected in the Initial Financial Statement (except such properties, assets or rights as have been disposed of since the date thereof and which are not material to its business or the disposition of which have been approved by the Lender), free from all Encumbrances except Permitted Encumbrances, and, except as disclosed to the Lender, free from all defects of title that could reasonably be expected to result in a Material Adverse Effect. All such properties and assets and all properties which are leaseholds are free and clear of all title defects or objections, liens, claims, charges, security interests and other Encumbrances (except Permitted Encumbrances) of any nature whatsoever except, with respect to all such properties and assets, (i) provisions of existing building and zoning laws, provided that such provisions would not materially interfere with the Borrower’s or any other member of the Borrower Affiliated Group’s use of such properties, (ii) liens for current taxes not yet due, and (iii) as otherwise disclosed on Exhibit D hereto. The rights, properties and other assets presently owned, leased or licensed by each of the Borrower and each other member of the Borrower Affiliated Group and described elsewhere in this Agreement include all rights, properties and other assets necessary to permit the Borrower and such member of the Borrower Affiliated Group to conduct its businesses in all material respects in the same manner as its businesses have been conducted prior to the date hereof. At the time the Borrower or any other member of the Borrower Affiliated Group pledges, sells, assigns or transfers to the Lender any instrument, document of title, security, chattel paper or other property (including Inventory, contract rights and Accounts) or any proceeds or products thereof, or any interest therein, the Borrower or such member of the Borrower Affiliated Group shall be the lawful owner thereof and shall have good right to pledge, sell, assign or transfer the same; none of such properties shall have been pledged, sold, assigned or transferred to any Person other than the Lender or in any way encumbered except as disclosed to the Lender; and the Borrower or such member of the Borrower Affiliated Group shall defend the same against the claims and demands of all Persons. Neither the Borrower nor any other member of the Borrower Affiliated Group owns any real property.

  • Possession of the Property The Parties hereby agree that the exclusive possession of the Property shall be delivered by the Seller to the Buyer on .

  • REMAINING PROPERTY If any cash or any securities or other financial assets of the Portfolio held by the Custodian hereunder remain held by the Custodian after the termination of this Agreement owing to the failure of the applicable Fund to provide Proper Instructions, the Custodian shall be entitled to fair compensation for its services during such period as the Custodian holds the cash or the securities or other financial assets (the existing agreed-to compensation at the time of termination shall be one indicator of what is considered fair compensation). The provisions of this Agreement relating to the duties, exculpation and indemnification of the Custodian shall apply in favor of the Custodian during such period.

  • POLICY TITLE AND OWNERSHIP Title and ownership shall reside in the Bank for its use and for the use of the Insured all in accordance with this Agreement. The Bank alone may, to the extent of its interest, exercise the right to borrow or withdraw on the policy cash values. Where the Bank and the Insured (or assignee, with the consent of the Insured) mutually agree to exercise the right to increase the coverage under the subject Split Dollar policy, then, in such event, the rights, duties and benefits of the parties to such increased coverage shall continue to be subject to the terms of this Agreement.

  • Title to Properties; Possession Under Leases (a) Such Borrower and each of its Subsidiaries have good and marketable title to, or valid leasehold interests in, all its material properties and assets, except for minor defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for their intended purposes.

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