Common use of Title Passage Clause in Contracts

Title Passage. Unless otherwise agreed in writing: (a) title to goods shipped from one country in the European Union (“EU”) for delivery to another country within the EU, shall pass: (i) when the goods leave the territorial land, air or sea space of the EU source country for goods shipped directly to a non-Buyer’s EU facility; and (ii) at Buyer’s dock for goods shipped to Buyer’s EU facility; (b) title to goods shipped from the source country for delivery within the source country (excluding shipments within the U.S., which are governed by subsection (e) below) shall pass at: (i) Seller’s dock for goods shipped directly to a non-Buyer’s facility; and (ii) Buyer’s dock for goods shipped to Buyer’s facility; (c) title to goods shipped from outside the U.S. for delivery to a different country outside the U.S. (excluding shipments within the EU, which are governed by subsection (a) above) shall pass at: (i) the port of export after customs clearance for goods shipped directly to a non-Buyer’s facility; and

Appears in 8 contracts

Samples: Terms of Purchase, Terms of Purchase, Terms of Purchase

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