TITLE AND RISKS Sample Clauses
The "Title and Risks" clause defines when ownership (title) and responsibility for loss or damage (risk) to goods transfer from the seller to the buyer. Typically, this clause specifies the exact point in the transaction—such as upon delivery, shipment, or payment—when the buyer assumes both legal ownership and the risk of loss or damage. For example, if goods are shipped FOB (Free On Board), risk and title may pass when the goods are loaded onto the transport. This clause is essential for clarifying which party bears the risk at each stage of the transaction, thereby preventing disputes and allocating responsibility for loss or damage during transit.
TITLE AND RISKS. Title and risks of the cargo shall be passed from seller to buyer when the products pass the vessel’s permanent flange connection at loading port.
TITLE AND RISKS. Title and risks on Products shall pass from Roboze to Purchaser upon delivery according to the agreed Incoterm.
TITLE AND RISKS. Title to the Rented Object shall not pass to Customer unless the parties to this rental agreement have agreed otherwise in writing. Notwithstanding the foregoing and/or the MCR GTC, all risks of (partial) damage, destruction or loss of the Rented Object during the rental period shall be borne by Customer and Customer hereby agrees to hold MCR harmless for any losses resulting from (partial) damage, destruction or loss of the Rented Object during the rental period.
TITLE AND RISKS. 12.1 Title and risk of loss shall pass from the Supplier Group upon loading of the Products by Nestlé Waters’s or the Nestlé Waters Affiliate’s designated carrier at the relevant Third Party Manufacturer’s plant, in accordance with [***].
12.2 Any retention of ownership clause contained in an Order acknowledgement or other Supplier form from the Supplier or the Supplier Affiliates shall be void and without effect.
TITLE AND RISKS. 12.1 Any retention of ownership clause contained in an Order acknowledgement from the Supplier or the Supplier Affiliate shall be void and without effect. Following the transfer of ownership of any Products, the Buyer shall be the exclusive owner thereof The Supplier and the Supplier Affiliate shall therefore inform their employees and any relevant third parties that the Products are exclusively owned by the Buyer upon such transfer of ownership. Following the transfer of ownership to the Buyer, the Supplier or the applicable Supplier Affiliate shall not grant any right, lien, charge or privilege over the Products for the benefit of any third party, without Pepsi’s prior written consent, which consent is not to be unreasonably withheld, conditioned or delayed.
12.2 The transfer of risks to the Buyers shall take place in accordance with [***], and title to Products shall pass to the Buyers at the same time.
TITLE AND RISKS. Title to the Equipment and Goods supplied by the Company and the equipment and goods supplied by the Operator shall at all times remain with the Company and the Operator respectively. During the term of this Agreement, the Operator shall not remove any Equipment from the Sites without first obtaining the prior written consent of the Company’s Project Manager. Such notice shall include the details of Equipment to be removed and the reason for its removal.
TITLE AND RISKS. The title of the Gas, at all times, shall be with the Buyer. All risks in and associated with the Gas from the time it is delivered by the Buyer to the Transporter at the Delivery Point until redelivered by the Transporter at the Redelivery Point shall be borne by the Transporter.
TITLE AND RISKS. 7.1 Title to the Equipment shall pass to Telemonitoreo upon delivery of the Equipment for which payment has been received by the Company. Telemonitoreo shall be deemed the owner of the remaining Equipment, which had been contributed free of charge and delivered by the Company once twenty thousand (20,000) Derived Channel Connections have been achieved and the Company has received payments pursuant to Sections 5.1 and 5.2 hereof equal to the value of the Equipment contributed free of charge.
7.2 Risk of loss or damage to the Equipment shall be assumed by Telemonitoreo upon delivery.
TITLE AND RISKS. Unless otherwise agreed by the Parties, title to the Equipment and Goods supplied by the Company and the equipment and goods supplied by the Operator shall at all times remain with the Company and the Operator respectively. For avoidance of doubt, the Cable Facilities shall not from part of the equipment and goods supplied by the Operator after installation. The ownership of the Cable Facilities shall be vested in the Company. During the term of this Agreement, the Operator shall not remove any Equipment from the Sites without first obtaining the prior written consent of the Company’s project manager. Such notice shall include the details of Equipment to be removed and the reason for its removal.
TITLE AND RISKS. 8.1 Unless otherwise agreed to in writing by the Parties, all deliveries of Product shall be made DDP at Buyer’s location at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ and title and risk of loss for the Product will pass to the Buyer at the same time. Each Party is entitled to have its representative(s) present during all loadings, testing and measurements of the Product delivered hereunder.
8.2 In accordance with Section 8.1, Supplier is responsible for freight costs for Product deliveries. In the event that [***] Supplier will [***]. Supplier shall [***].