Title and Insurance. (a) Unless and until otherwise agreed in writing on the Purchase Order, or elsewhere in these Terms, all Product shall be delivered FCA at Seller's designated location (in accordance with INCOTERMS® 2010). Save and except as provided in the Agreement, title to and risk of loss, damage and contamination of the Product passes to Buyer when Seller makes the Product available to the carrier at the point of shipment and the Product shall be deemed and considered "delivered" at such time. Upon transfer of ownership of the Product to Buyer, Xxxxx assumes all risks and obligations, and Seller shall not be liable to Buyer for any damage or injury to people, property or the environment resulting from or in connection with the Product.
Title and Insurance. Furnish the Lessor with such evidence of the Lessor’s title to such replacement airframe and engine(s) and of compliance with the insurance provisions of Section 10 with respect to such substituted property as the Lessor may reasonably request.
Title and Insurance. Title to the Product and risk of loss or damage shall pass to Buyer at the F.O.B. point. The Product subject to this Agreement are sold subject to any statutory trusts authorized by applicable law. Seller retains a trust claim over these Products, all inventories of food or other products derived from the Product, and any receivables or proceeds from the sale of the Product until full payment is received. Buyer grants to Seller a purchase money security interest in the Product and proceeds and any replacements, regardless of the mode of attachment to really or other property, until the full price has been paid in cash. Buyer agrees to do all acts necessary to perfect and maintain said security interest, and to protect Seller’s interest by adequately insuring the Product against loss or damage from any external cause with Seller names as insured or loss payee. Buyer hereby irrevocably appoints Seller as its attorney in fact to execute any financing statements or other instruments or documents reasonably necessary or desirable to perfect and maintain said security interest in the product and proceeds.
Title and Insurance. 2.6.1 All Products supplied by AAE will remain the property of AAE until full payment is made by the Customer for the Products supplied under this Agreement.
2.6.2 If Products are Dispatched to a customer under credit terms, AAE shall hold insurance for Products in transit that are owned by AAE and risk in the Products passes to the Customer immediately upon delivery to the Customer.
2.6.3 If full payment is made prior to Dispatch, the Customer is responsible for insurance of Products once they are Dispatched from AAE and risk in the Products passes to the Customer immediately upon Dispatch.
Title and Insurance. For each Loan sold to Correspondent, the certificate of title to each vehicle securing a loan shall list E-LOAN, Correspondent or its designated nominee (as the parties shall mutually agree) as the first and only lienholder on the certificate of title application or registration and on the required physical damage insurance policies and loss payable clauses relating to the vehicle securing the Loan. Origination of Loans. Except as disclosed in writing to Correspondent and accepted by Correspondent prior to the Closing Date, each Loan has been originated in accordance with the Purchase Criteria and the terms and conditions of the applicable Confirmation. Status of Loan. The information that appears on E-LOAN's accounting and all other pertinent records pertaining to any Loan accurately reflect the true status of each Loan.
Title and Insurance. The Products are solely the products of Client. Title to the Products, whether such Products are in transit or stored in Innotrac’s facilities, shall at all times remain with Client until sold by Client in the ordinary course of business. Client agrees that it is solely responsible for insuring such Products against loss and casualty, however caused, and Client’s insurance shall be primary to any insurance carried by Innotrac, if any. Company shall provide copies of such certificates of coverage to Innotrac within five (5) days of the Agreement Date. Notwithstanding the foregoing, Innotrac shall obtain and maintain, at all times during the term of this agreement, the Required Insurance (as defined below). Innotrac shall within thirty (30) days after the Agreement Date and thereafter upon Client’s reasonable request, provide Client with a certificate of insurance evidencing the Required Insurance; and (y) cause Client to be named as an additional insured on the Required Insurance at all times that any Products are in Innotrac’s possession. As used herein, “
Title and Insurance. 4.1 Risk in the Hire Goods and any Products will pass immediately to the Customer when they leave the physical possession or control of the Supplier.
4.2 Risk in the Hire Goods will not pass back to the Supplier from the Customer until the Hire Goods are back in the physical possession of the Supplier. This shall apply even if the Supplier has agreed to cease charging the Rental.
4.3 Title in the Hire Goods remains at all times with the Supplier. The Customer has no right, title or interest in the Hire Goods except that they are hired to the Customer. Title in any Products remains with the Supplier until all monies payable to the Supplier by the Customer for the Products have been paid in full.
4.4 The Customer must not deal with the title or any interest in the Hire Goods. This includes but is not limited to selling, assigning, mortgaging, pledging, charging, securing, hiring, exerting a lien and/or lending. However the Customer may re-hire the Hire Goods to a third party with the prior written consent of the Supplier.
4.5 The Supplier may provide insurance in respect of the Hire Goods at additional cost to the Rental. Alternatively the Supplier may require the Customer to insure the Hire Goods on such reasonable terms and for such reasonable risks as the Supplier may specify. The proceeds of any such insurance shall be held by the Customer in trust for the Supplier and be paid to the Supplier on demand. The Customer must not compromise any claim in respect of the Hire Goods and/or any associated insurance without the Supplier’s written consent.
Title and Insurance. 18.1. Risk of loss and/or damage shall remain with the Sellers until the Seller has given notice of title transfer in accordance with clause 8.
18.2. Xxxxx’s care upon receipt of title transfer.
Title and Insurance. For each Loan sold to Correspondent, the certificate of title to each vehicle securing a loan shall list E-LOAN, Correspondent or its designated Affiliate (as the parties shall mutually agree as the first and only lienholder on the certificate of title application or registration and on the required physical damage insurance policies and loss payable clauses relating to the vehicle securing the Loan. For purposes of this Agreement, "Affiliate" means any person or entity which directly, or indirectly through one or more intermediaries, owns or controls, is owned or controlled by, or is under common control or ownership with, E-LOAN or Correspondent, respectively, or their respective ultimate parent.
Title and Insurance. For each Loan sold to Correspondent, the certificate of title to each vehicle securing a loan shall list Correspondent or its designated Affiliate as the first and only lienholder on the certificate of title application or registration and on the required physical damage insurance policies and loss payable clauses relating to the vehicle securing the Loan. For purposes of this Agreement, "Affiliate" means any person or entity which directly, or indirectly through one or more intermediaries, owns or controls, is owned or controlled by, or is under common control or ownership with, E-LOAN or Correspondent, respectively, or their respective ultimate parent. If a certificate of title showing Correspondent as the secured party is not received within one hundred twenty (120) days following the effective date of the Loan, Correspondent will notify E-LOAN in writing of such situation and E-LOAN shall promptly take all steps necessary and as appropriate to obtain a certificate of title bearing Correspondent's name as the secured party, in no event later than ninety (90) days following receipt of Correspondent's written request. Failure by E-LOAN to fulfill the terms of this Section shall subject said Loan to Repurchase under Section 6.3 of this Agreement.
