Title/Retention of Ownership Sample Clauses

Title/Retention of Ownership. Delivery shall be deemed complete when the Product has passed the flange connecting the Physical Supplier’s delivery facilities with the receiving facilities provided by the Buyer. However, the ownership of the Product shall pass to the Buyer only after the Price has been received by the Company in full as provided in Clause 12.01. Until such time as the Price is received in full by the Company, the person in possession of the Product delivered shall hold the Product for the Company as a mere bailee, without charging any charges whatsoever to the Company and store it in such way so that it can be identified as the Company’s property; the Product shall remain on the Vessel at Buyer’s sole risk and expense and its consumption is prohibited.
AutoNDA by SimpleDocs

Related to Title/Retention of Ownership

  • Retention of Ownership Notwithstanding anything to the contrary herein contained, ownership of all materials brought onto the erf or building site shall remain vested in the contractor until such time as all amounts due in terms of this agreement has been paid in full.

  • Reservation of ownership 10.1 The goods that have been sold remain our sole property until all outstanding debts arising from the business connection with the Purchaser have been paid in full. The Purchaser has power of disposal of the purchased goods in the ordinary course of business, or he may process the goods until revocation by us.

  • Transfer of Ownership Trust..........................................................

  • Change of Ownership Contractor agrees that if there is a change or transfer in ownership of Contractor’s business prior to completion of this Contract, the new owners shall be required under terms of sale or other transfer to assume Contractor’s duties and obligations contained in this Contract and complete them to the satisfaction of County.

  • Data Ownership BA acknowledges that BA has no ownership rights with respect to the Protected Information.

  • Termination for Convenience of Owner Owner reserves the right, without breach, to terminate the Contract prior to, or during the performance of the Work, for any reason. Upon such an occurrence, the following shall apply:

  • Examination and Retention of Contractor's Records (a) The HA, HUD, or Comptroller General of the United States, or any of their duly authorized representatives shall, until 3 years after final payment under this contract, have access to and the right to examine any of the Contractor's directly pertinent books, documents, papers, or other records involving transactions related to this contract for the purpose of making audit, examination, excerpts, and transcriptions.

  • Ownership of Owner No 1.25: By a Deed of Conveyance dated 10th May, 2013 and registered in the Office of the Additional District Sub-Registrar, Chandannagore, Hooghly in Book No. I, CD Volume No.5, Pages from 3796 to 3813, being Deed No.01479 for the year 2013, Jubilant First Trust Healthcare Limited sold to Gajrup Commodeal Private Limited, the Owner No. 1.25 herein, undivided 1/47th (one-forty seventh) share in the Said Property.

  • Document Retention and Record Maintenance The HSP will

  • Property Ownership The Fund owns or leases all such properties as are necessary to the conduct of its operations as presently conducted.

Time is Money Join Law Insider Premium to draft better contracts faster.