Common use of Shipping Terms Clause in Contracts

Shipping Terms. Products are shipped Ex Works (Incoterms 2000) Manufacturer’s shipping point in the United States. Legal title, control of, right of possession and risk of loss of Products shall pass to Distributor upon shipment from Manufacturer’s shipping point in the United States. Distributor shall pay for each order the price of the Products, export packing and such shipping costs as may be directly incurred by Manufacturer for such order. Distributor shall ensure that Products shipped are stored and handled in accordance with the specifications Manufacturer shall from time to time provide.

Appears in 13 contracts

Samples: Distribution Agreement (Kips Bay Medical, Inc.), Distribution Agreement (Kips Bay Medical, Inc.), Distribution Agreement (Kips Bay Medical, Inc.)

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