Common use of RISK AND PROPERTY Clause in Contracts

RISK AND PROPERTY. 7.1. Risk of damage to or loss of the Goods shall pass to the Purchaser upon delivery to the Purchaser in accordance with the Contract. 7.2. The property in the Goods shall pass to the Purchaser upon delivery, unless payment for the Goods is made prior to delivery, when it shall pass to the Purchaser once payment has been made and the Goods have been appropriated to the Contract.

Appears in 3 contracts

Samples: Terms and Conditions of Order for the Supply of Goods and/or Services, Terms and Conditions of Order for the Supply of Goods and/or Services, Terms and Conditions of Order for the Supply of Goods and/or Services

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RISK AND PROPERTY. 7.1. 7.1 Risk of damage to or loss of the Goods shall pass to the Purchaser Company upon delivery to the Purchaser Company in accordance with the Contract. 7.2. 7.2 The property in the Goods shall pass to the Purchaser company upon delivery, unless payment for the Goods is made prior to delivery, when it shall pass to the Purchaser company once payment has been made and the Goods have been appropriated to the Contract.made

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

RISK AND PROPERTY. 7.1. 7.1 Risk of damage to or loss of the Goods shall pass transfer to the Purchaser only upon delivery to the Purchaser in accordance with the Contract. 7.2. 7.2 The title in property in of the Goods shall pass transfer to the Purchaser upon delivery, delivery unless payment for the Goods is made prior to delivery, delivery when it shall pass to the Purchaser once when payment has been made and the Goods have been appropriated to the Contract.made

Appears in 2 contracts

Samples: Terms and Conditions of Purchase, Terms and Conditions of Purchase

RISK AND PROPERTY. 7.1. 7.1 Risk of damage to or loss of the Goods and Services shall pass to the Purchaser upon Buyer on delivery to the Purchaser Buyer in accordance with the Contract. 7.2. 7.2 The property in the Goods and Services shall pass to the Purchaser upon Buyer on delivery, unless payment for the Goods is made prior to delivery, when it shall pass to the Purchaser Buyer once payment has been made and the Goods have been appropriated to the Contract.

Appears in 1 contract

Samples: Sales Contracts

RISK AND PROPERTY. 7.1. Risk of of, damage to to, or loss of the Goods shall pass to the Purchaser upon Company on delivery to the Purchaser Company in accordance with the Contract. 7.2. The property in the Goods shall pass to the Purchaser upon delivery, unless payment for Company on the Goods is made prior to delivery, when it shall pass to the Purchaser once payment has been made and the Goods earlier of delivery or (where goods have been appropriated to the Contract) payment.

Appears in 1 contract

Samples: Terms and Conditions

RISK AND PROPERTY. 7.1. 7.1 Risk of damage to to, or loss of of, the Goods shall pass to the Purchaser Customer upon delivery to acceptance of the Purchaser in accordance with Goods by the ContractCustomer. 7.2. 7.2 The property title in the Goods shall pass to the Purchaser Customer upon deliverydelivery in accordance with Condition 6.1, unless payment for the Goods is made prior to delivery, when it shall pass to the Purchaser Customer once payment has been made and the Goods have been appropriated to the Contractmade.

Appears in 1 contract

Samples: Order Agreement

RISK AND PROPERTY. 7.1. 7.1 Risk of damage to or loss of the Goods shall pass to the Purchaser Buyer upon completion of delivery to the Purchaser Buyer in accordance with the Contract. 7.2. 7.2 The title to property in the Goods shall pass to the Purchaser upon Buyer on the earlier to occur of: i) when payment is made, pro rata if partial payments are made, regardless of date of delivery, unless payment for the Goods is made prior to delivery, when it shall pass to the Purchaser once ; and ii) on delivery even if payment has not been made and the Goods have been appropriated to the Contractmade.

Appears in 1 contract

Samples: Conditions of Purchase

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RISK AND PROPERTY. 7.1. Risk of damage to or loss of to the Goods shall pass to the Purchaser Company upon delivery to the Purchaser in accordance with the Contractdelivery. 7.2. The property Title in the Goods shall pass to the Purchaser Company upon delivery, delivery of the Goods unless payment for of the Goods Price is made prior to delivery, when it delivery of the Goods in which case title shall pass to the Purchaser Company once payment has been made and the Goods have been appropriated to the Contractmade.

Appears in 1 contract

Samples: Supply Agreement

RISK AND PROPERTY. 7.1. 7.1 Risk of damage to or loss of the Goods shall pass to the Purchaser Buyer upon delivery to the Purchaser Buyer in accordance with the Contract. 7.2. 7.2 The property in the Goods shall pass to the Purchaser Buyer upon delivery, unless payment for the Goods is made prior to delivery, delivery - when it shall pass to the Purchaser Buyer once payment has been made and the Goods have been appropriated apportioned to the Contract.

Appears in 1 contract

Samples: Purchasing Terms and Conditions

RISK AND PROPERTY. 7.1. 9.1 Risk of damage to or loss of the Goods shall pass to the Purchaser Buyer upon delivery to the Purchaser Buyer in accordance with the Contract. 7.2. 9.2 The property in the Goods shall pass to the Purchaser Buyer upon delivery, unless payment for the Goods is has been agreed to be made prior to delivery, when it shall pass to the Purchaser Buyer once payment has been made and the Goods have been appropriated to the Contract.

Appears in 1 contract

Samples: Purchase Agreement

RISK AND PROPERTY. 7.1. 7.1 Risk of damage to or loss of the Goods (excluding any damage or loss caused by any defect in the Goods existing prior to completion of delivery) shall pass to the Purchaser Buyer upon delivery to acceptance of the Purchaser Goods by the Buyer in accordance with the Contract. 7.2. The property in the Goods shall pass to the Purchaser upon delivery, unless payment for the Goods is made prior to delivery, when it shall pass to the Purchaser once payment has been made and the Goods have been appropriated to the Contract.

Appears in 1 contract

Samples: General Terms and Conditions of Purchasing

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