Risk transition Sample Clauses

Risk transition. 1. The risk of loss, damage or depreciation passes on to the other party at the moment the goods are brought in the power of the other party.
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Risk transition. 1. The risk of loss, damage or impairment shall pass to the Other Party at such time as the items concerned are placed at his disposal.
Risk transition. 9.1. The risks relating to the goods shall pass to the purchaser at the moment the goods are handed over to the first carrier or at the moment the goods are taken over by the purchaser.
Risk transition a. The risk of loss, theft, misappropriation or damage to goods, data (including: usernames, codes and passwords), documents, software or data files that are manufactured by, delivered to or used by the Client in the context of the execution of the Agreement, passes to the Client at the moment when these have been brought into the actual disposition of the Client or an auxiliary person of the Client.

Related to Risk transition

  • Transition Seller will not take any action that is designed or intended to have the effect of discouraging any lessor, licensor, customer, supplier, or other business associate of the Company from maintaining the same business relationships with the Company after the Closing as it maintained with the Company prior to the Closing. The Seller will refer all customer inquiries relating to the business of the Company to the Purchaser from and after the Closing.

  • Transitional (a) The parties recognise that certain determinations (for example, the annualised amount of HCF and HCV) may have been made to date in respect of a current Financial Year before the variations in this deed were agreed.

  • Contract Transition Upon Contract expiration or termination, the Contractor shall ensure a seamless transfer of Contract responsibilities with any subsequent Contractor necessary to transition the Products and services of the Contract. The incumbent Contractor assumes all expenses related to the contract transition.

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