Common use of Transfer of Benefit and Risk Clause in Contracts

Transfer of Benefit and Risk. The benefit and risk shall pass to the Purchaser upon dispatch of the report that the deliverable is ready for shipment. If no report is made, the benefit and risk shall pass at the beginning of the transport to the storage site. If delivery, assembly, or installation is delayed at the Purchaser’s request or for other reasons not attributable to Siemens, the risk shall pass to the Purchaser at the date and time originally scheduled.

Transfer of Benefit and Risk. The benefit and risk shall pass to the Purchaser upon dispatch of the report that the deliverable is ready for shipment. shipment If no report is made, the benefit and risk shall pass at the beginning of the transport to the storage site. If delivery, assembly, or installation is delayed at the Purchaser’s request or for other reasons not attributable to Siemens, the risk shall pass to the Purchaser at the date and time originally scheduled.

Transfer of Benefit and Risk. The benefit and risk shall pass to the Purchaser upon dispatch of the report that the deliverable is ready for shipment. shipment If no report is made, the benefit and risk shall pass at the beginning of the transport to the storage site. If delivery, assembly, or installation is delayed at the Purchaser’s request or for other reasons not attributable to SiemensYunex, the risk shall pass to the Purchaser at the date and time originally scheduled.

Transfer of Benefit and Risk. The benefit and risk shall pass to the Purchaser upon dispatch of the report that the deliverable is ready for shipment. If no report is made, the benefit and risk shall pass at the beginning of the transport to the storage site. If delivery, assembly, or installation is delayed at the Purchaser’s request or for other reasons not attributable to SiemensYunex, the risk shall pass to the Purchaser at the date and time originally scheduled.