Title; Risk of Loss; Insurance. Title to products passes from Seller to you on F.O.B. shipment from a Seller facility or third party manufacturers facility. You will maintain comprehensive general liability, including products liability, insurance in an amount appropriate for your business, but in no event less than $1,000,000.00 (US) with an insurance company having a Best rating of A. Upon request by Seller, you will provide to Seller a certificate of such insurance and/or name Seller as an additional insured.
Title; Risk of Loss; Insurance. (a) Buyer shall take title to the equipment upon delivery to the consigner subject to NICE's receipt of all payments due for said equipment. Buyer grants NICE a Purchase Money Security interest in any product that has not yet been fully paid for, and further agrees to execute any documents required by NICE to perfect this security interest.
(b) Upon equipment’s arrival at Buyer's premises, and until full payment for such equipment has been effected by Buyer, Buyer shall obtain and maintain suitable insurance with respect to the equipment, naming NICE as loss payee.
Title; Risk of Loss; Insurance. Risk of loss of the Systems (but not title) shall pass to Customer upon installation. Title to, and risk of loss of, the Fresh Oil passes to Customer on delivery. Customer shall, at its own expense, maintain policies of insurance covering the replacement value of the Systems for all normal business and property risks. Customer shall also insure the Systems as to any public liability under Customer’s policy. Customer will name Restaurant Technologies as an additional insured loss payee and provide the certificate of said insurance that is reasonably acceptable to Restaurant Technologies on or before the Effective Date and from time to time as Restaurant Technologies may request.
Title; Risk of Loss; Insurance. Title to the Terminals and risk of loss or damage shall pass from Micronet to Teletrac upon Micronet's delivery to the carrier at the F.O.B. point.
Title; Risk of Loss; Insurance. 9.1. Title and the risk of loss of goods remains with the Customer.
9.2. INTERPORT is under no obligation to effect insurance of any goods. However, if INTERPORT and the Customer agree in writing INTERPORT may effect insurance of goods as the Customer’s agent and at the Customer’s expense and unless the Customer makes written stipulation to the contrary INTERPORT may effect that class of insurance which INTERPORT considers most appropriate. Where such insurance is effected by written agreement with the Customer, the following claims shall be excluded along with any other exclusions otherwise advised to the Customer at the time the insurance is effected:- All claims resultant from wear, tear, moths, vermin, damp, mildew or loss of market; loss,damage or expense proximately caused by delay, inherent vice or nature, war and strikes, riots, civil commotions or malicious damage of the subject matter insured, gradual deterioration rust and/or oxidation (unless due to or consequent upon fire, collision,overturning or other accident of the conveyance).
Title; Risk of Loss; Insurance. Title to any Acquired Property and any Ordered Rig (regardless of its state of completion) shall remain with the Company at all times. The Service Providers shall have all risk of loss of any Acquired Property and any Ordered Rig (including any Accepted Rig) until delivered in accordance with Section 3.3. During the Term, the Service Providers shall maintain insurance as required by Exhibit B hereto and the cost of such insurance, to the extent applicable to the Acquired Property, shall be an Additional Expense. The Company shall be named as additional insureds on all policies required to be carried by the Service Providers hereunder. Within five days after the Effective Date, the Service Providers shall deliver to the Company certificates evidencing the insurance coverages required hereunder. Such certificates shall provide that any change restricting or reducing coverage or the cancellation of any policies under which the certificates are issued shall not be valid with respect to the Company’s interests therein until the Company has received at least 30 days prior written notice of such change or cancellation. Further, such certificates shall state that the insurance is primary coverage and not concurrent with or excess over other valid insurance which may be available to the Company. Should any coverage subject of any such certificate expire or lapse during the continuance of this Agreement, the Service Providers shall provide renewal or replacement certificates of insurance immediately upon the expiration or termination of any such coverage. All policies required to be carried by the Service Provider hereunder shall be endorsed to provide waiver of subrogation rights in favor of the Company. The Service Providers agree to comply with all terms of the insurance contracts required to be maintained by it in Exhibit B hereto.
Title; Risk of Loss; Insurance. Risk of loss and title to Products passes from Diono to you on Ex-Works shipment from a Diono facility or third party manufacturer’s facility. You will keep and maintain in effect at your sole cost and expense comprehensive general liability, including products’ liability, insurance in an amount appropriate for your business, but in no event less than $1,000,000.00 (CDN). Upon request by Xxxxx, you will provide to Diono a certificate of such insurance and/or name Xxxxx as an additional insured. The provisions of this insurance requirement shall not be construed to limit in any way your indemnity or other obligations in this Agreement.
Title; Risk of Loss; Insurance. Title in the Hardware shall remain with T2C until such Hardware has been paid for in full. However, such Hardware shall be entirely at Customer’s risk from the time it is placed in the possession of the carrier for shipment to Customer. Customer shall ensure that the Hardware is insured against “all risks” from the time the Hardware is placed in the possession of the carrier for shipment to Customer, and continuously thereafter until all amounts due to T2C are paid in full. Such insurance shall be
Title; Risk of Loss; Insurance. Unless stated otherwise by Seller, all shipments will be EXW (Ex Works) (as defined in Incoterms 2010) Seller's shipping facility, if destination of delivery is outside the United States and F.O.B. (Free on Board) (as defined in U.C.C. Section 2-319) Seller's shipping facility, if destination of delivery is within the United States. Title to each shipment of the Products sold hereunder and risk of loss thereon shall pass to Buyer when Seller or its agent tenders such shipment to the carrier, but such shipment shall remain subject to Seller's rights of stoppage in transit and of reclamation.
Title; Risk of Loss; Insurance. Title in the goods shall remain with Ryerson until such goods have been paid for in full. However, such goods shall be entirely at Customer’s risk from the time they are placed in the possession of the carrier for shipment to Customer. Customer shall ensure that the goods are insured against “all risks” from the time the goods are placed in the possession of the carrier for shipment to Customer, and continuously thereafter until all amounts due to Ryerson are paid in full. Such insurance shall be for no less than the total amount owing to Ryerson with loss first payable to Ryerson. Purchaser shall indemnify Ryerson from all loss arising out of any claims, suits and demands by reason of the retention of title to the goods by Ryerson while the goods are at the Customer’s risk.
