Risk of Loss, Title and Ownership Sample Clauses

Risk of Loss, Title and Ownership. 3.5.1 Subject to Section 3.6 below, (a) prior to, and through the Delivery Date, REC Supplier shall bear any and all risk of loss with respect to the RECs, and (b) after the Delivery Date, Buyer shall assume and bear any and all risk of loss with respect to the RECs. 3.5.2 Title to the RECs shall transfer from REC Supplier to Buyer as of the Delivery Date, and all RECs Delivered to Buyer by REC Supplier on the Delivery Date shall be: (a) free and clear of all Liens and Buyer shall have sole, exclusive and perpetual ownership of all RECs Delivered to Buyer by REC Supplier under this Agreement, including all rights to sell, assign, transfer, apply or retire any REC transferred to Buyer by REC Supplier; (b) only valid RECs, which have not been previously retired, claimed or used to satisfy any renewable energy requirements, obligations or voluntary undertaking by any entity in any jurisdiction. 3.5.3 After the Delivery Date, Buyer shall be solely entitled to any benefits that may thereafter arise from the RECs.
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Risk of Loss, Title and Ownership. 3.5.1 Subject to Section 3.6 below, (a) prior to, and through the Delivery Date, REC Supplier shall bear any and all risk of loss with respect to the RECs, and (b) after 3.5.2 Title to the RECs shall transfer from REC Supplier to Buyer as of the Delivery Date, and all RECs Delivered to Buyer by REC Supplier on the Delivery Date shall be: (a) free and clear of all Liens and Buyer shall have sole, exclusive and perpetual ownership of all RECs Delivered to Buyer by REC Supplier under this Agreement, including all rights to sell, assign, transfer, apply or retire any REC transferred to Buyer by REC Supplier; (b) only valid RECs, which have not been previously retired, claimed or used to satisfy any renewable energy requirements, obligations or voluntary undertaking by any entity in any jurisdiction.
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Risk of Loss, Title and Ownership. 3.5.1 Subject to Section 3.6 below, (a) prior to, and through the Delivery Date, SPAEC Supplier shall bear any and all risk of loss with respect to the Product, and
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Risk of Loss, Title and Ownership. 3.5.1 Subject to Section 3.6 below, (a) prior to, and through the Delivery Date, SPAEC Supplier shall bear any and all risk of loss with respect to the Product, and (b) after the Delivery Date, Company shall assume and bear any and all risk of loss with respect to the Product. 3.5.2 Title to the Product shall transfer from SPAEC Supplier to Company as of the Delivery Date for each Quarter, and all SPAECs transferred to Company by SPAEC Supplier on the Delivery Date shall be: (a) free and clear of all Liens and Company shall have sole, exclusive and perpetual ownership of all SPAECs delivered to Company by SPAEC Supplier under this Agreement, including all rights to sell, assign, transfer, apply or retire any SPAEC transferred to Company by SPAEC Supplier; (b) only valid SPAECs, which have not been previously retired, claimed or used to satisfy any renewable energy requirements, obligations or voluntary undertaking by any entity in any jurisdiction. 3.5.3 After the Delivery Date, Company shall be solely entitled to any benefits that may thereafter arise from the SPAECs. 3.5.4 SPAEC Supplier agrees to execute all other documents or instruments, at its expense, necessary to effectuate the delivery of the Product to Company or as may be reasonably requested by Company.
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Risk of Loss, Title and Ownership. 5.3.1 Title to, and risk of loss (including risks and costs associated with any transmission outages or curtailment up to and at the Delivery Point) related to Energy sold by Seller to Buyer pursuant to this Agreement shall pass and transfer from Seller to Buyer upon delivery thereof for Buyer’s account at the Delivery Point. Seller covenants that it shall have good and marketable title to all Energy delivered to Buyer at the Delivery Point and that it has the right to, and will, sell and deliver such Energy to Buyer free and clear of all Liens. 5.3.2 Title to, and risk of loss related to, SPAECs sold by Seller to Buyer pursuant to this Agreement shall pass and transfer from Seller to Buyer upon the completion of the recordation of transfer and physical or electronic delivery of such SPAECs to Buyer in definitive form in accordance with GATS Operating Rules or other applicable Law. Seller shall transfer certificates into Buyer’s GATS account(s) as necessary to transfer SPAECs to Buyer under GATS. Seller covenants that it shall have good and marketable title to all SPAECs delivered to Buyer and that it has the right to, and will, sell and deliver such SPAECs to Buyer free and clear of all Liens. Buyer shall have sole, exclusive and perpetual ownership of all SPAECs delivered to Buyer by Seller under this Agreement, including all rights to sell, assign, transfer, apply, or retire any SPAEC delivered to Buyer by Seller.
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Related to Risk of Loss, Title and Ownership

  • POLICY TITLE AND OWNERSHIP Title and ownership shall reside in the Bank for its use and for the use of the Insured all in accordance with this Agreement. The Bank alone may, to the extent of its interest, exercise the right to borrow or withdraw on the policy cash values. Where the Bank and the Insured (or assignee, with the consent of the Insured) mutually agree to exercise the right to increase the coverage under the subject Split Dollar policy, then, in such event, the rights, duties and benefits of the parties to such increased coverage shall continue to be subject to the terms of this Agreement.

  • Title and Risk of Loss Notwithstanding the form of shipment, title or other property interest, risk of loss shall not pass from the Contractor to the Authorized User until the Products have been received, inspected and accepted by the receiving entity. Acceptance shall occur within a reasonable time or in accordance with such other defined acceptance period as may be specified in the Bid Specifications or Purchase Order. Mere acknowledgment by Authorized User personnel of the delivery or receipt of goods (e.g., signed xxxx of lading) shall not be deemed or construed as acceptance of the Products received. Any delivery of Product that is substandard or does not comply with the Bid Specifications or Contract terms and conditions, may be rejected or accepted on an adjusted price basis, as determined by the Commissioner.

  • DELIVERY, TITLE AND RISK OF LOSS Unless otherwise specified on the EDDYFI quotation, delivery is FCA (Manufacturing Site). In any case, delivery and risk of loss is in accordance with INCOTERMS 2010. Title to products shall pass to the Customer upon full payment of the invoice(s). In the absence of specific instructions, goods will be shipped via the carrier EDDYFI deems most practical. No claim for error in shipment will be considered unless made within ten (10) days of Customer’s receipt of goods.

  • Title and Ownership Contractor warrants and represents that it has (i) full ownership, clear title free of all liens, or (ii) the right to transfer or deliver specified license rights to any Products

  • Title and Ownership Warranty Contractor warrants, represents and conveys (i) full ownership, clear title free of all liens, or (ii) the right to transfer or deliver perpetual license rights to any Products transferred to Authorized User under this Contract. Contractor shall be solely liable for any costs of acquisition associated therewith. Contractor fully indemnifies the Authorized User for any loss, damages or actions arising from a breach of said warranty without limitation.

  • Risk of Loss Matters of inspection and acceptance are addressed in section 215.422, F.S. Until acceptance, risk of loss or damage will remain with the Contractor. The Contractor will be responsible for filing, processing, and collecting all damage claims. To assist the Contractor with damage claims, the Customer will: record any evidence of visible damage on all copies of the delivering xxxxxxx’x xxxx of lading; report damages to the carrier and the Contractor; and provide the Contractor with a copy of the xxxxxxx’x xxxx of lading and damage inspection report.

  • Title; Risk of Loss Title to and risk of loss of the deliverables shall pass to the City only when the City actually receives and accepts the deliverables.

  • Ownership and Risk of Loss You will own the Device and bear all risk of loss of, theft of, casualty to or damage to the Device, from the time it is shipped to you until the time (if any) when it is returned to us in accordance with this Agreement.

  • OWNERSHIP TITLE The Licensed Software is the proprietary property of Symantec or its licensors and is protected by copyright law. Symantec and its licensors retain any and all rights, title and interest in and to the Licensed Software, including in all copies, improvements, enhancements, modifications and derivative works of the Licensed Software. Your rights to use the Licensed Software shall be limited to those expressly granted in this License Agreement. All rights not expressly granted to You are retained by Symantec and/or its licensors.

  • Risk and Ownership Subject to clause C13 above, risk in the Goods shall, without prejudice to any other rights or remedies of the Authority (including the Authority’s rights and remedies under clause C16 below) pass to the Authority when delivery is completed to the Authority’s reasonable satisfaction.

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