Common use of TITLE AND RISK Clause in Contracts

TITLE AND RISK. Title in the Goods will not pass to the Customer until: (a) all money payable by the Customer pursuant to this Agreement has been paid; and (b) all the Customer’s other obligations pursuant to this Agreement have been satisfied in full. All risk in the Goods is to pass to the Customer on signing this Agreement. The Customer agrees to indemnify the Creditor against destruction or loss of the Goods (including legal forfeiture) and from all liabilities or claims arising out of the possession or use of the Goods.

TITLE AND RISK. 3.1 Title in the Goods goods will not pass to the Customer until: (a) Purchaser until all money payable by the Customer Purchaser pursuant to this Agreement has been paid; paid and (b) that all the CustomerPurchaser’s other obligations pursuant to this Agreement have been satisfied in full. All risk in the Goods goods is to pass to the Customer Purchaser on signing this Agreement. The Customer Purchaser agrees to indemnify the Creditor Vendor against destruction or loss of the Goods goods (including legal forfeiture) and from all liabilities or claims arising out of the possession or use of the Goodsgoods.