Reservation of Security Interest. A. Transfer of title for a non-delivery contract. The title to the goods purchased under this contract shall not pass to the Buyer until the documents of title, therefore, have been delivered to the Buyer and they have obtained possession of the goods from Incredible Tiny Homes, Inc. at the business address at the top of Page One(1).
Reservation of Security Interest. NECOM reserves a security interest in NUNet, and all products and proceeds thereof, as security for NU's performance of its obligations under Section 4.7 of this Agreement, and NU shall confirm such reservation by executing and delivering to NECOM a security agreement in the form attached as Exhibit 4.8. NECOM, or any assignee or purchaser from NECOM, shall have an Indefeasible Right of Use in NU's Structures, Space and Route for the operation of NUNet in the event NUNet is acquired by NECOM, or any assignee or purchaser from NECOM, pursuant to such security agreement.
Reservation of Security Interest. NEON Optica reserves a security interest in NUNet, and all products and proceeds thereof, as security for NU’s performance of its obligations under Section 4.7 of this Agreement, and NU shall confirm such reservation by executing and delivering to NEON Optica a security agreement in the form attached as Exhibit 4.8. NEON Optica, or any assignee or purchaser from NEON Optica, shall have an Indefeasible Right of Use in NU’s Structures, Space and Route for the operation of NUNet in the event NUNet is acquired by NEON Optica, or any assignee or purchaser from NEON Optica, pursuant to such security agreement.
Reservation of Security Interest. Buyer grants to Seller a purchase money security interest in the Equipment and components thereof. Failure of Buyer to make any payment when due shall entitle Seller, in its sole discretion, to declare all obligations of Buyer immediately due and payable and Seller shall have all the rights and remedies of a secured party under applicable law.
