Common use of TITLE AND ACCEPTANCE Clause in Contracts

TITLE AND ACCEPTANCE. 12.1 Unless otherwise expressly provided in this Agreement, title to all deliverables, or any part thereof, comprising the Services to be provided by the Supplier shall vest in NSHA on delivery and acceptance by NSHA. Upon payment being made by NSHA on account of materials, parts, work in process, or finished work, title therein shall vest in and remain with the NSHA, provided however that the risk of any loss or damage thereto shall remain with the Supplier until their acceptance by NSHA. Vesting of title in NSHA as a result of payments made by NSHA to the Supplier shall not constitute acceptance, or be deemed to constitute acceptance, by NSHA of any such materials, parts, work in progress or finished work, and shall not relieve the Supplier of its obligations to perform the Services in accordance with the requirements of this Agreement.

Appears in 7 contracts

Samples: Agreement, Agreement, Agreement

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TITLE AND ACCEPTANCE. 12.1 Unless otherwise expressly provided in this Agreement, title to all deliverables, or any part thereof, comprising the Services to be provided by the Supplier Consultant shall vest in NSHA on delivery and acceptance by NSHA. Upon payment being made by NSHA on account of materials, parts, work in process, or finished work, title therein shall vest in and remain with the NSHA, provided however that the risk of any loss or damage thereto shall remain with the Supplier Consultant until their acceptance by NSHA. Vesting of title in NSHA as a result of payments made by NSHA to the Supplier Consultant shall not constitute acceptance, or be deemed to constitute acceptance, by NSHA of any such materials, parts, work in progress or finished work, and shall not relieve the Supplier Consultant of its obligations to perform the Services in accordance with the requirements of this Agreement.

Appears in 2 contracts

Samples: Agreement, Agreement

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