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 Yunex, the risk shall pass to the Purchaser at the date and time originally scheduled.

Appears in 2 contracts

Samples: General Delivery Conditions, General Conditions of Delivery

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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 YunexSiemens, the risk shall pass to the Purchaser at the date and time originally scheduled.

Appears in 2 contracts

Samples: General Provisions and Software License Agreement, General Provisions and Software License Agreement

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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 Yunex, the risk shall pass to the Purchaser at the date and time originally scheduled.

Appears in 2 contracts

Samples: General Delivery Conditions, General Conditions of Delivery

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