Title, Risk of Loss and Insurance. Equipment is sold CPT Destination (Carriage Paid To Destination as defined in accordance with INCOTERMS 2000). Title to and Risk of Loss of Equipment shall pass to Purchaser upon the loading of the Equipment on the means of transport of the carrier selected by ACLARA. Carriage shall be arranged for by ACLARA on usual terms for Purchaser’s account and risk. ACLARA shall have no responsibility to arrange or pay for insurance against loss, damage or destruction occurring after loading of Equipment.
Appears in 4 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
