TITLE PASSAGE AND RISK OF LOSS Sample Clauses

TITLE PASSAGE AND RISK OF LOSS. All deliveries hereunder will be FOB (INCOTERMS 2020) Pemco’s plant via a carrier selected by Buyer at its option, or otherwise by Pemco, freight collect, to Buyer, or at Pemco’s option, Pemco will select such carrier and ship the Products freight prepaid and added to the price of the relevant Products. In all such cases title and risk of loss or damage will pass to Buyer upon Pemco’s delivery of the Products to the initial carrier for shipment to Buyer and no loss or damage will relieve Buyer of any obligation hereunder, including payment for lost or damaged Products. Buyer shall reimburse Pemco for any and all costs of storage incurred by Pemco after the date that Pemco is prepared to make shipment.
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TITLE PASSAGE AND RISK OF LOSS. Unless otherwise provided in this Agreement or as otherwise may be agreed to by the Parties, title to Products shall be transferred to TeleNorte upon Delivery and risk of loss shall be transferred upon Conditional Acceptance. Title to Ericsson's intellectual property, including Software, patents, copyrights, trademarks and tradenames, shall not be conveyed to TeleNorte at any time. TeleNorte shall notify Ericsson promptly of any claim with respect to loss which occurs while Ericsson has the risk of loss and shall cooperate in every reasonable way to facilitate the settlement of any claim.
Sample 1
TITLE PASSAGE AND RISK OF LOSS. Title to and risk of loss of Products shall be transferred to Telemig Celular upon Delivery unless otherwise provided in this Agreement or as otherwise may be agreed to by the Parties. Title to Nortel's intellectual property, including Software, patents copywrite, trademarks and tradenames, shall not be conveyed to Telemig Celular at any time Telemig Celular shall notify Nortel promptly of any claim with respect to loss that occurs while Nortel has the risk of loss and shall cooperate in every reasonable way to facilitate the settlement of any claim.
Sample 1

Related to TITLE PASSAGE AND RISK OF LOSS

  • Title and Risk of Loss Notwithstanding the form of shipment, title or other property interest, risk of loss shall not pass from the Contractor to the Authorized User until the Products have been received, inspected and accepted by the receiving entity. Acceptance shall occur within a reasonable time or in accordance with such other defined acceptance period as may be specified in the Bid Specifications or Purchase Order. Mere acknowledgment by Authorized User personnel of the delivery or receipt of goods (e.g., signed xxxx of lading) shall not be deemed or construed as acceptance of the Products received. Any delivery of Product that is substandard or does not comply with the Bid Specifications or Contract terms and conditions, may be rejected or accepted on an adjusted price basis, as determined by the Commissioner.

  • Title; Risk of Loss Title to and risk of loss of the deliverables shall pass to the City only when the City actually receives and accepts the deliverables.

  • Risk of Loss Matters of inspection and acceptance are addressed in section 215.422, F.S. Until acceptance, risk of loss or damage will remain with the Contractor. The Contractor will be responsible for filing, processing, and collecting all damage claims. To assist the Contractor with damage claims, the Customer will: record any evidence of visible damage on all copies of the delivering xxxxxxx’x xxxx of lading; report damages to the carrier and the Contractor; and provide the Contractor with a copy of the xxxxxxx’x xxxx of lading and damage inspection report.

  • Title and Risk 6.1 The risk in the Goods shall pass to the Customer on completion of delivery.

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