RISK AND INSURANCE. All goods supplied hereunder will be at the risk of the Seller until the contract is totally performed. The Seller shall place property insurance including all loss marine cargo and transit insurance (or otherwise in accordance with specified delivery mode) equal to the full replacement cost of all goods, materials and equipment supplied hereunder and shall place comprehensive public liability insurance containing limits, deductibles and terms satisfactory to the Purchaser before commencing work or delivering goods, materials or equipment under this purchase order.
Appears in 6 contracts
Samples: Purchase Order Agreement, Purchase Order Agreement, Purchase Order Agreement
