Common use of Title and Risk of Loss or Damage Clause in Contracts

Title and Risk of Loss or Damage. A. The Supplier shall ensure that the title to Goods delivered and supplied hereunder shall pass directly to USAID upon acceptance pursuant to the Section on QA, Testing, Inspection and Acceptance above. B. Notwithstanding completion of delivery, the Supplier shall bear all risk of loss or damage to the Goods prior to acceptance, except to the extent that any loss or damage is due to Chemonics’ fault, or occurs after delivery and not due to fault on the Supplier’s part.

Appears in 5 contracts

Samples: Basic Ordering Agreement, Basic Ordering Agreement, Basic Ordering Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!