Common use of Title Transfer and Risk of Loss Clause in Contracts

Title Transfer and Risk of Loss. 8.4.1 Title to and risk of loss of any Boeing Product returned to Boeing will at all times remain with Customer or any other title holder of such Boeing Product. While Boeing has possession of the returned Boeing Product, Boeing will have only such liabilities as a bailee for mutual benefit would have but will not be liable for loss of use.

Appears in 10 contracts

Samples: Purchase Agreement (Fedex Corp), Letter Agreement (Fedex Corp), Aircraft General Terms Agreement (Alaska Air Group, Inc.)

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Title Transfer and Risk of Loss. 8.4.1 Title to and risk of loss of any Boeing Product returned to Boeing will at all times remain with Customer or any other title holder of such Boeing Product. While Boeing has possession of the returned Boeing Product, Boeing will have only such liabilities as a bailee for mutual benefit would have have, but will not be liable for loss of use.

Appears in 6 contracts

Samples: Aircraft General Terms Agreement (Copa Holdings, S.A.), Letter Agreement (Amr Corp), Aircraft General Terms Agreement (Amtran Inc)

Title Transfer and Risk of Loss. 8.4.1 1.8.4.1 Title to and risk of loss of any Boeing Product Spare Part returned to Boeing will at all times remain with Customer or any other title holder of such Boeing ProductSpare Part. While Boeing has possession of the returned Boeing ProductSpare Part, Boeing will have only such liabilities as a bailee for mutual benefit would have have, but will not be liable for loss of use.

Appears in 2 contracts

Samples: Letter Agreement (Ryanair Holdings PLC), General Terms Agreement (Spirit AeroSystems Holdings, Inc.)

Title Transfer and Risk of Loss. 8.4.1 9.4.1 Title to and risk of loss of any Boeing Product returned to Boeing will at all times remain with Customer or any other title holder of such Boeing Product. While Boeing has possession of the returned Boeing Product, Boeing will have only such liabilities as a bailee for mutual benefit would have have, but will not be liable for loss of use.

Appears in 2 contracts

Samples: Aircraft General Terms Agreement (Continental Airlines Inc /De/), Aircraft General Terms Agreement (Atlas Air Inc)

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Title Transfer and Risk of Loss. 8.4.1 Title to and risk of loss of any Boeing Product returned to Boeing will at all times remain with Customer or any other title holder of such Boeing Product. While Boeing has possession of the returned Boeing Product, Boeing will have only such liabilities as a bailee for mutual benefit would have but will not be liable for loss of use. 8.4.2 If a Correction requires shipment of a new Boeing Product, then at the time Boeing ships the new Boeing Product, title to and risk of loss for the returned Boeing Product will pass to Boeing, and title to and risk of loss for the new Boeing Product will pass to Customer.

Appears in 1 contract

Samples: Aircraft General Terms Agreement

Title Transfer and Risk of Loss. 8.4.1 Title to and risk of loss of any Boeing Product returned to Boeing will at all times remain with Customer or any other title holder of such Boeing Product. While Boeing has possession of the returned Boeing Product, Boeing will have only such liabilities as a bailee for mutual benefit would have but will not be liable for loss of use. 8.4.2 If a Correction requires shipment of a new Boeing Product, then at the time Boeing ships the new Boeing Product, title to and risk of loss for the returned Boeing Product will pass to Boeing, and title to and risk of loss for the new Boeing Product will pass to Customer. 9.

Appears in 1 contract

Samples: Aircraft General Terms Agreement (Allegiant Travel CO)

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