Common use of Shipment Terms Clause in Contracts

Shipment Terms. Subject to receipt and acceptance by Distributor of an order for purchase or consignment, unless otherwise agreed in writing, shipments, whether for purchased or consigned Product, shall be F.O.B. Distributor’s facility in Richardson, TX. Distributor shall not be obligated to make direct shipments to Subdistributor’s customers, unless otherwise agreed by the Parties. Distributor’s obligation to effect shipment of the Products and Instruments shall be fully discharged and all title (for purchased items) and risk of loss or damage (for all items) shall pass to Subdistributor when the Products and the Instruments are delivered to a carrier for shipment to Subdistributor. In addition, Subdistributor shall pay all charges, including, without limitation, all transportation charges and insurance premiums associated with the shipment and purchasing of the Products.

Appears in 17 contracts

Samples: Stocking and Subdistribution Agreement (Fuse Medical, Inc.), Stocking and Subdistribution Agreement (Fuse Medical, Inc.), Stocking and Subdistribution Agreement (Fuse Medical, Inc.)

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