Common use of Title to Clause in Contracts

Title to. the Goods shall transfer unconditionally to the Buyer upon receipt of payment thereof (whether in terms of clause 4.1 or otherwise). Risk will, however, remain with the Seller until formal acceptance of the Goods in accordance with clause 2.5, without prejudice to the Buyer’s rights in terms of the warranties provided by the Seller in terms of these GPC or otherwise.

Title to. the Goods shall transfer unconditionally to the Buyer upon receipt of payment thereof (whether in terms of clause clause 4.1 or otherwise). Unless otherwise expressly agreed in writing, the Seller shall not retain title to the Goods for any period after delivery, for any reason whatsoever. Risk will, however, remain with the Seller until formal acceptance of the Goods in accordance with clause 2.5, without prejudice to the Buyer’s rights in terms of the warranties provided by the Seller in terms of these GPC or otherwise.