Common use of RISK AND PROPERTY Clause in Contracts

RISK AND PROPERTY. 5.1 The risk in the Products shall pass to the Purchaser on the Felling Commencement Date and the Purchaser shall be responsible to the Commission for any loss or damage to or caused by the Products from such date as a result of any act or omission by the Purchaser or its employees, agents, contractors, sub-contractors or the employees of any of them. 5.2 Notwithstanding the passing of risk under Clause 5.1 above, unless and until the Purchaser shall have paid the Commission all sums due pursuant to this Agreement and removed the Quantity for a particular Period, in question, property in and title to all the Products purchased and sold in the relevant Period as represented by each separate Instalment shall remain with the Commission and the following provision of this Clause shall be applicable:- 5.2.1 the Purchaser grants to the Commission an irrevocable licence to enter the Purchaser’s premises or any other premises in the occupational control of the Purchaser where the Products are or are believed by the Purchaser or the Commission to be located and to inspect and/or remove the Products at any time while they remain the Commission’s property. In the event that any of the Products are no longer in the occupational control of the Purchaser or its employees, agents, contractors, sub- contractors or the employees of any of them, the Purchaser shall use its best endeavours to facilitate the inspection and/or removal of the Products by the Commission at any time while they remain the Commission’s property. All costs incurred by the Commission in repossessing the Products whether or not they are still under the control of the Purchaser shall be borne by the Purchaser; and

RISK AND PROPERTY. 5.1 The risk in all the Products shall pass to the Purchaser on immediately upon collection or fifteen Business Days following the Felling Commencement Date issue of Weekly Notification in respect of those Products whichever is the sooner and the Purchaser shall be responsible to the Commission for any loss or damage to or caused by the Products from such date as a result of any act or omission by the Purchaser or its employees, agents, contractors, sub-contractors or the employees of any of them. 5.2 Notwithstanding the passing of risk under Clause 5.1 above, unless and until the Purchaser shall have paid the Commission all sums due pursuant to this Agreement and removed the Quantity for a particular Period, in questionTotal Quantity, property in and title to all the Products purchased and sold in the relevant Period as represented by each separate Instalment shall remain with the Commission and the following provision of this Clause shall be applicable:- 5.2.1 the Purchaser grants to the Commission an irrevocable licence to enter the Purchaser’s premises or any other premises in the occupational control of the Purchaser where the Products are or are believed by the Purchaser or the Commission to be located and to inspect and/or remove the Products at any time while they remain the Commission’s property. In the event that any of the Products are no longer in the occupational control of the Purchaser or its employees, agents, contractors, sub- sub-contractors or the employees of any of them, the Purchaser shall use its best endeavours to facilitate the inspection and/or removal of the Products by the Commission at any time while they remain the Commission’s property. All costs incurred by the Commission in repossessing the Products whether or not they are still under the control of the Purchaser purchaser shall be borne by the Purchaser; and

RISK AND PROPERTY. 5.1 The risk in the Products shall pass to the Purchaser on immediately upon collection or fifteen business days following the Felling Commencement Date issue of Weekly Notification in respect of those Products whichever is the sooner and the Purchaser shall be responsible to the Commission for any loss or damage to or caused by the Products from such date as a result of any act or omission by the Purchaser or its employees, agents, contractors, sub-contractors or the employees of any of them. 5.2 Notwithstanding the passing of risk under Clause 5.1 above, unless and until the Purchaser shall have paid the Commission all sums due pursuant to this Agreement and removed the Quantity for a particular Period, Period in question, question property in and title to all the Products purchased and sold in the relevant Period as represented by each separate Instalment shall remain with the Commission and the following provision of this Clause shall be applicable:- 5.2.1 the Purchaser grants to the Commission an irrevocable licence to enter the Purchaser’s premises or any other premises in the occupational control of the Purchaser where the Products are or are believed by the Purchaser or the Commission to be located and to inspect and/or remove the Products at any time while they remain the Commission’s property. In the event that any of the Products are no longer in the occupational control of the Purchaser or its employees, agents, contractors, sub- contractors or the employees of any of them, the Purchaser shall use its best endeavours to facilitate the inspection and/or removal of the Products by the Commission at any time while they remain the Commission’s property. All costs incurred by the Commission in repossessing the Products whether or not they are still under the control of the Purchaser shall be borne by the Purchaser; and

RISK AND PROPERTY. 5.1 (Delete if the Commission is to deliver) The risk in the Products shall pass to the Purchaser on immediately upon collection or 3 weeks following the Felling Commencement Date issue of Weekly Notification in respect of those Products whichever is the sooner and the Purchaser shall be responsible to the Commission for any loss or damage to or caused by the Products from such date as a result of any act or omission by the Purchaser or its employees, agents, contractors, sub-contractors or the employees of any of them. Or: (delete if the purchaser is to collect) Products supplied under this Agreement shall be at the Purchaser’s risk immediately upon commencement of the unloading of the Products from the vehicle making delivery on behalf of the Commission. 5.2 Notwithstanding the passing of risk under Clause 5.1 above, unless and until the Purchaser shall have paid the Commission all sums due pursuant to this Agreement and removed the Quantity for a particular Period, in question, total quantity property in and title to all the Products purchased and sold in the relevant Period as represented by each separate Instalment shall remain with the Commission and the following provision of this Clause shall be applicable:- 5.2.1 the Purchaser grants to the Commission an irrevocable licence to enter the Purchaser’s premises or any other premises in the occupational control of the Purchaser where the Products are or are believed by the Purchaser or the Commission to be located and to inspect and/or remove the Products at any time while they remain the Commission’s property. In the event that any of the Products are no longer in the occupational control of the Purchaser or its employees, agents, contractors, sub- contractors or the employees of any of them, the Purchaser shall use its best endeavours to facilitate the inspection and/or removal of the Products by the Commission at any time while they remain the Commission’s property. All costs incurred by the Commission in repossessing the Products whether or not they are still under the control of the Purchaser shall be borne by the Purchaser; and

RISK AND PROPERTY. 5.1 The risk in the Products shall pass to the Purchaser on immediately upon collection or fifteen business days following the Felling Commencement Date issue of Weekly Notification in respect of those Products whichever is the sooner and the Purchaser shall be responsible to the Commission for any loss or damage to or caused by the Products from such date as a result of any act or omission by the Purchaser or its employees, agents, contractors, sub-contractors or the employees of any of them. 5.2 Notwithstanding the passing of risk under Clause 5.1 above, unless and until the Purchaser shall have paid the Commission all sums due pursuant to this Agreement and removed the Quantity for a particular Period, Period in question, question property in and title to all the Products purchased and sold in the relevant Period as represented by each separate Instalment shall remain with the Commission and the following provision of this Clause shall be applicable:- 5.2.1 the Purchaser grants to the Commission an irrevocable licence to enter the Purchaser’s premises or any other premises in the occupational control of the Purchaser where the Products are or are believed by the Purchaser or the Commission to be located and to inspect and/or remove the Products at any time while they remain the Commission’s property. In the event that any of the Products are no longer in the occupational control of the Purchaser or its employees, agents, contractors, sub- sub-contractors or the employees of any of them, the Purchaser shall use its best endeavours to facilitate the inspection and/or removal of the Products by the Commission at any time while they remain the Commission’s property. All costs incurred by the Commission in repossessing the Products whether or not they are still under the control of the Purchaser shall be borne by the Purchaser; and

RISK AND PROPERTY. 5.1 The risk in the Products shall pass to the Purchaser on immediately upon collection or fifteen Business Days following the Felling Commencement Date issue of Weekly Notification in respect of those Products whichever is the sooner and the Purchaser shall be responsible to the Commission for any loss or damage to or caused by the Products from such date as a result of any act or omission by the Purchaser or its employees, agents, contractors, sub-contractors or the employees of any of them. 5.2 Notwithstanding the passing of risk under Clause 5.1 above, unless and until the Purchaser shall have paid the Commission all sums due pursuant to this Agreement and removed the Quantity for a particular Period, in question, property in and title to all the Products purchased and sold in the relevant Period as represented by each separate Instalment shall remain with the Commission and the following provision of this Clause shall be applicable:- 5.2.1 the Purchaser grants to the Commission an irrevocable licence to enter the Purchaser’s premises or any other premises in the occupational control of the Purchaser where the Products are or are believed by the Purchaser or the Commission to be located and to inspect and/or remove the Products at any time while they remain the Commission’s property. In the event that any of the Products are no longer in the occupational control of the Purchaser or its employees, agents, contractors, sub- contractors or the employees of any of them, the Purchaser shall use its best endeavours to facilitate the inspection and/or removal of the Products by the Commission at any time while they remain the Commission’s property. All costs incurred by the Commission in repossessing the Products whether or not they are still under the control of the Purchaser shall be borne by the Purchaser; and

RISK AND PROPERTY. 5.1 The risk in the Products shall pass to the Purchaser on the Felling Commencement Date and the Purchaser shall be responsible to the Commission for any loss or damage to or caused by the Products from such date as a result of any act or omission by the Purchaser or its employees, agents, contractors, sub-contractors or the employees of any of them. 5.2 Notwithstanding the passing of risk under Clause 5.1 above, unless and until the Purchaser shall have paid the Commission all sums due pursuant to this Agreement and removed remove the Quantity for a particular Period, in questionTotal Quantity, property in and title to all the Products purchased and sold in the relevant Period as represented by each separate Instalment shall remain with the Commission and the following provision of this Clause shall be applicable:-applicable: - 5.2.1 the Purchaser grants to the Commission an irrevocable licence to enter the Purchaser’s premises or any other premises in the occupational control of the Purchaser where the Products are or are believed by the Purchaser or the Commission to be located and to inspect and/or remove the Products at any time while they remain the Commission’s property. In the event that any of the Products are no longer in the occupational control of the Purchaser or its employees, agents, contractors, sub- sub-contractors or the employees of any of them, the Purchaser shall use its best endeavours to facilitate the inspection and/or removal of the Products by the Commission at any time while they remain the Commission’s property. All costs incurred by the Commission in repossessing the Products whether or not they are still under the control of the Purchaser shall be borne by the Purchaser; and

RISK AND PROPERTY. 5.1 The risk in the Products shall pass to the Purchaser on the Felling Commencement Date and the Purchaser shall be responsible to the Commission for any loss or damage to or caused by the Products from such date as a result of any act or omission by the Purchaser or its employees, agents, contractors, sub-contractors or the employees of any of them. 5.2 Notwithstanding the passing of risk under Clause 5.1 above, unless and until the Purchaser shall have paid the Commission all sums due pursuant to this Agreement Agreement, and removed the Total Quantity for a particular Period, in question, property in and title to all the Products purchased and sold in the relevant Period as represented by each separate Instalment shall remain with the Commission and the following provision provi sion of this Clause shall be applicable:- 5.2.1 the Purchaser grants to the Commission an irrevocable licence to enter the Purchaser’s premises or any other premises in the occupational control of the Purchaser where the Products are or are believed by the Purchaser or the Commission to be located and to inspect and/or remove the Products at any time while they remain the Commission’s property. In the event that any of the Products are no longer in the occupational control of the Purchaser or its employees, agents, contractors, sub- contractors or the employees of any of them, the Purchaser shall use its best endeavours to facilitate the inspection and/or removal of the Products by the Commission at any time while they remain the Commission’s property. All costs incurred by the Commission in repossessing the Products whether or not they are still under the control of the Purchaser shall be borne by the Purchaser; and