Common use of Shipment; Risk of Loss Clause in Contracts

Shipment; Risk of Loss. Customer shall be responsible for all costs and expenses associated with packaging and delivery of Precious Metals to the storage facility, which may be arranged by Xxxxx Xxxxxxxx. In the event that Customer, rather than Xxxxx Xxxxxxxx, arranges for the delivery of Precious Metals to the Brink’s storage facility, Customer shall bear the risk of loss for the Precious Metals until they are received by Brink’s at the storage facility.

Appears in 16 contracts

Samples: Custody Agreement, Custody Agreement, Custody Agreement

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Shipment; Risk of Loss. Customer shall be responsible for all costs and expenses associated with packaging and delivery of Precious Metals to the storage facility, which may be arranged by Xxxxx Xxxxxxxx. In the event that Customer, rather than Xxxxx Xxxxxxxx, arranges for the delivery of Precious Metals to the Brink’s storage facility, Customer shall bear the risk of loss for the Precious Metals until they are received by Brink’s at the storage facility. Brink’s does include insurance in their shipping quotes.

Appears in 2 contracts

Samples: Custody Agreement, Custody Agreement

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