RISK AND TITLE TO GOODS. 3.1 Risk of damage to, or loss or deterioration of any Goods supplied by the Company will pass to the Customer in accordance with clause 8, but property in and title to the Goods will not pass to the Customer until all Goods supplied by the Company to the Customer have been paid for in full in accordance with these Conditions. Until then:
(a) the Customer will hold the Goods supplied as bailee of the Company;
(b) the Customer may sell the Goods supplied in the ordinary course of its business as agent for the Company and will account to the Company for any sale proceeds; and
(c) the Company may require the Customer to return the Goods supplied on demand and may go onto the premises of the Customer and repossess the Goods.
RISK AND TITLE TO GOODS. (i) The risk in the Goods will pass to you immediately on delivery of the Goods to you or to the Recipient.
(ii) The ownership of the Goods will remain with us, and we reserve the right to dispose of the Goods until you have paid in full for all Goods which we have supplied at any time to you. Until such payment has been made in full you will hold the Goods on our behalf and will be under an obligation to return them to us on demand. You will permit us to enter any land or premises of yours to recover our Goods.
RISK AND TITLE TO GOODS. 4.1 The Goods are at the risk of the Customer from the time of delivery.
4.2 Ownership of the Goods shall not pass to the Customer until the Seller has received in full (in cash or cleared funds) all sums due to it in respect of:
4.2.1 the Goods; and
4.2.2 all other sums which are or which become due to the Seller from the Customer on any account.
4.3 Until ownership of the Goods has passed to the Customer, the Customer shall:
4.3.1 hold the Goods on a fiduciary basis as the Seller’s bailee;
4.3.2 store the Goods (at no cost to the Seller) separately from all other goods of the Customer or any third party in such a
4.3.3 not destroy, deface or obscure any identifying mark or packaging on or relating to the Goods; and
4.3.4 maintain the Goods in satisfactory condition and keep them insured on the Seller’s behalf for their full price against all risks to the reasonable satisfaction of the Seller. On request the Customer shall produce the policy of insurance to the Seller.
4.4 The Customer may resell the Goods before ownership has passed to it solely on the following conditions:
4.4.1 any sale shall be effected in the ordinary course of the Customer’s business at full market value; and
4.4.2 any such sale shall be a sale of the Seller’s property on the Customer’s own behalf and the Customer shall deal as principal when making such a sale.
4.5 The Customer’s right to possession of the Goods shall terminate immediately if:
4.5.1 the Customer has a bankruptcy order made against him or makes an arrangement or composition with his creditors, or otherwise takes the benefit of any statutory provision for the time being in force for the relief of insolvent debtors, or (being a body corporate) convenes a meeting of creditors (whether formal or informal), or enters into liquidation (whether voluntary or compulsory) except a solvent voluntary liquidation for the purpose only of reconstruction or amalgamation, or has a receiver and/or manager, administrator or administrative receiver appointed of its undertaking or any part thereof, or documents are filed with the court for the appointment of an administrator of the Customer or notice of intention to appoint an administrator is given by the Customer or its directors or by a qualifying floating charge holder (as defined in paragraph 14 of Schedule B1 to the Insolvency Act 1986), or a resolution is passed or a petition presented to any court for the winding-up of the Customer or for the granting of an administration order ...
RISK AND TITLE TO GOODS. 5.1 The risk in the goods will pass to the Buyer immediately on delivery of the goods .
5.2 The title ownership of the goods shall remain with CVP until the Buyer has paid in full for all goods supplied . Until such payment has been made in full the Buyer shall hold the goods on CVP behalf and is under obligation to return them on demand.
5.3 The Buyer or appointed representative shall permit CVP to enter any land or premises to recover goods where title ownership remains with CVP and payment has not been made in full.
RISK AND TITLE TO GOODS. 8.1 All Goods supplied under a Contract shall be at the Buyer’s risk on delivery.
8.2 Full legal and equitable title and interest in Consumables shall pass to the Buyer on delivery.
8.3 Title in the Capital Equipment will not pass to the Buyer until the University has received full payment for it and for any other Goods that the University has sold to the Buyer for which payment is outstanding. Until title passes the Buyer holds the Capital Equipment on behalf of the University as bailee, and shall keep such Capital Equipment maintained in good condition and insured on the University’s behalf against all risks for its full purchase price. The Buyer has the right to resell the Capital Equipment provided:-
(a) any sale shall be effected in the ordinary course of the Buyer’s business at full market value and the Buyer shall hold such part of the proceeds of sale as represent the amount owed by the Buyer to the University on behalf of the University and the Buyer shall account to the University accordingly;
(b) such right of re-sale shall terminate immediately on the Buyer in any way charging or encumbering the Capital Equipment, or suffering any proceedings in relation to insolvency or any other action in consequence of debt, or the Buyer failing to observe or perform any of its obligations to the University under the Contract concerned.
RISK AND TITLE TO GOODS. 10.1 Risk in the Equipment passes to the Hirer upon collection or delivery of the Equipment and remains with the Hirer until the Equipment is collected by or returned to the Owner.
10.2 The Hirer acknowledges that the Owner retains title to the Equipment and that the Hirer has rights to possess the Equipment as a mere bailee only. The Hirer does not have any right to pledge the Owner’s credit in connection with the Equipment and agrees not to do so. The Hirer also agrees not to agree, attempt, offer or purport to sell, assign, sub-let, lend, pledge, mortgage let on hire or otherwise part with or attempt to part with the personal possession of or otherwise deal with the Equipment and not to conceal or alter the Equipment or make any addition or alteration to, or repair of, the Equipment.
10.3 The Equipment is a chattel and will not be affixed to any land.
10.4 The Owner’s interest in the Equipment constitutes a “purchase money security interest” pursuant to the PPSA.
10.5 If the Owner does not have at the Commencement Date a registration on the Personal Property Securities Register pursuant to the PPSA ensuring a perfected first priority security interest in the Equipment, then the Hire Period (including any extension of the Hire Period or the aggregate of consecutive Hire Periods during which the Hirer has substantially uninterrupted possession) may not despite anything else in this Hire Agreement be longer than:
(a) in the case of Equipment which may or must be described by serial number in a registration pursuant to the PPSA, 90 days; or
(b) a year in any other case.
RISK AND TITLE TO GOODS. 3.1 Risk in the Goods passes to the Purchaser on delivery (which expression includes collection by the Purchaser or any agent or other person or entity acting on its behalf).
RISK AND TITLE TO GOODS. 9.1 Risk shall pass to You on delivery, but the Goods shall remain the Provider’s property until such time as full payment has been received.
9.2 Until title to the Goods passes in accordance with clause 9.1, You shall store the Goods in such a way that they remain readily identifiable as the Provider’s property. You shall not destroy, deface or obscure any identifying mark or packaging on or relating to the Goods. You shall not encumber or in any way charge the Goods.
RISK AND TITLE TO GOODS. All legal and equitable title to Goods remains with the Seller until payment is received in full from Buyer. Buyer must take all actions necessary to protect and maintain the Seller’s title to the Goods, including storing Goods separate from other goods, always identifying Goods as property of the Seller and insuring the Goods. Until title in Goods passes to Buyer, the Seller or its agent shall be entitled at any time to require Buyer to deliver up the Goods to the Seller and the Seller has the right to enter upon any premises where Goods are located to repossess the Goods (without being liable for any damage caused by so doing). Buyer must not sell, encumber, pledge or in any way charge by way of security any of the Goods. Risk in the Goods shall pass to the Buyer upon delivery.
