Common use of RISK AND PROPERTY Clause in Contracts

RISK AND PROPERTY. 4.1 Property in the Goods shall pass to the Company upon delivery or where payment is made prior to delivery, once payment is made. Risk in the Goods shall pass to the Company when delivery to the premises specified in the Order or to another location specified by the Company in writing is completed (including the unloading of the Goods). 4.2 The Company reserves the right to reject any Goods or Services which are defective or which are otherwise not in accordance with the conditions of the Agreement. 4.3 Any product of the provision of the Services shall be at the Supplier's risk until the Services are completed in accordance with the Agreement and accepted by the Company, provided that, unless otherwise specified in the Order, risk shall be deemed to have passed to the Company if the Company has not notified the Supplier of its acceptance or otherwise of such products within 1 month of completion of the Services.

RISK AND PROPERTY. 4.1 Property in the Goods shall pass to the Company upon delivery or where payment is made prior to delivery, once payment is made. Risk in the Goods shall pass to the Company when delivery to the premises specified in the Order or to another location specified specif ied by the Company in writing is completed (including the unloading of the Goods). 4.2 The Company reserves the right to reject any Goods or Services which are defective or which are otherwise not in accordance with the conditions of the Agreement. 4.3 Any product of the provision of the Services shall be at the Supplier's risk until the Services are completed in accordance with the Agreement and accepted by the Company, provided that, unless otherwise specified in the Order, risk shall be deemed to have passed to the Company if the Company has not notified the Supplier of its acceptance or otherwise of such products within 1 month of completion of the Services.