Common use of Risk of Loss and Damage Prior to Closing Clause in Contracts

Risk of Loss and Damage Prior to Closing. Risk of loss of the Royalty shall pass to the Purchaser at the Closing, and each of the Vendors shall bear all risk of loss or impairment of the Royalty until the Closing and the Purchaser shall bear all such risk of loss after the Closing.

Risk of Loss and Damage Prior to Closing. Risk of loss of the Royalty shall pass to the Purchaser at the Closing, and each of the Vendors Vendor shall bear all risk of loss or impairment of the Royalty until the Closing and the Purchaser shall bear all such risk of loss or impairment after the Closing.

Risk of Loss and Damage Prior to Closing. Risk of loss of the Royalty Royalties shall pass to the Purchaser at the Closing, and each of the Vendors shall bear all risk of loss or impairment of the Royalty Royalties until the Closing and the Purchaser shall bear all such risk of loss after the Closing.

Risk of Loss and Damage Prior to Closing. Risk of loss of the Royalty Royalties shall pass to the Purchaser at the Closing, and each of the Vendors Vendor shall bear all risk of loss or impairment of the Royalty Royalties until the Closing and the Purchaser shall bear all such risk of loss after the Closing.