Common use of Risk of Loss or Damage Clause in Contracts

Risk of Loss or Damage. Notwithstanding Customer’s payment of the purchase price for Equipment, all risk of loss or damage shall transfer from AVI to Customer upon transfer of Title to Customer. Customer shall be responsible for securing insurance on Equipment from this point forward.

Appears in 7 contracts

Samples: Retail Sales Agreement, Retail Sales Agreement, Retail Sales Agreement

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Risk of Loss or Damage. Notwithstanding Customer’s payment of the purchase price for Equipment, all risk of loss or damage shall transfer from AVI to Customer upon transfer of Title to Customer. Customer shall be responsible for securing insurance on Equipment from this point forward. 8. Receiving/Integration – Unless the Agreement expressly includes integration services by AVI, the Customer agrees to furnish all services required for receiving, unpacking and placing Equipment in the desired location along with integration. Packaging materials shall be the property of the Customer.

Appears in 1 contract

Samples: General Terms and Conditions of Sale

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