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 re- port is made, the benefit and risk shall pass at the beginning of the transport to the storage site. If delivery, assembly, or instal- lation is delayed at the Purchaser’s request or for other rea- sons not attributable to Siemens, the risk shall pass to the Pur- chaser 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 re- port is made, the benefit and risk shall pass at the beginning of the transport to the storage site. If delivery, assembly, or instal- lation is delayed at the Purchaser’s request or for other rea- sons not attributable to Siemens, the risk shall pass to the Pur- chaser 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 re- port is made, the benefit and risk shall pass at the beginning of the transport to the storage site. If delivery, assembly, or instal- lation is delayed at the Purchaser’s request or for other rea- sons not attributable to SiemensSiemens Energy, the risk shall pass to the Pur- chaser Purchaser at the date and time originally scheduled.