Risk of Loss; Title. 7.1 Risk of loss or damage to Products shall pass to Buyer upon delivery to the loading dock at the installation site or other delivery location specified by Buyer in its Order, and Buyer shall keep such Products fully insured for the total amount then due Nortel for such Products. 7.2 Good title to Equipment furnished hereunder which shall be free and clear of all liens and encumbrances shall vest in Buyer upon full payment by Buyer of the total prices, charges and fees payable by Buyer for such Equipment and any related Software or Services furnished by Nortel in connection with such Equipment. 7.3 Buyer shall receive a license to use Software subject to the terms set forth in Exhibit B.
Appears in 4 contracts
Samples: Network Products Purchase Agreement (Itc Deltacom Inc), Network Products Purchase Agreement (Midcom Communications Inc), Network Products Purchase Agreement (Pt 1communications Inc)
Risk of Loss; Title. 7.1 Risk of loss or damage dam. age to Products shall pass to Buyer upon delivery to the loading dock at the installation site or other delivery location specified by Buyer in its Order, and Buyer shall keep such Products fully insured for the total amount then due Nortel for such Products.
7.2 Good title to Equipment furnished hereunder which shall be free and clear of all liens and encumbrances shall vest in Buyer upon full payment by Buyer of the total prices, charges and fees payable by Buyer for such Equipment and any related Software or Services furnished by Nortel in connection with such Equipment.
7.3 Buyer shall receive a license to use Software subject to the terms set forth in Exhibit B.
Appears in 1 contract
Samples: Network Products Purchase Agreement (Startec Global Holdings Corp)
Risk of Loss; Title. 7.1 Risk of loss or damage to Products shall pass to Buyer upon delivery to the loading dock at the installation site or other delivery location specified by Buyer in its Order, and Buyer shall keep such Products fully insured for the total amount then due Nortel for such Products.
7.2 Good title to Equipment furnished pursuant to each Order issued hereunder which shall be free and clear of all liens and encumbrances shall vest in Buyer upon full payment by Buyer of the total prices, charges and fees payable by Buyer for such Equipment and any related Software or Services furnished by Nortel in connection with such Equipment.
7.3 Buyer shall receive a license to use Software subject to the terms set forth in Exhibit B.
Appears in 1 contract
Samples: Network Products Purchase Agreement (MGC Communications Inc)
