TRANSFER OF OWNERSHIP AND RISK. 24.1 The ownership of the Products shall pass to Wavin in conformity with the provisions of clause 23. In the event that Wavin makes payments prior to delivery, the ownership (title) of the Products, in proportion to the amount paid, shall pass to Wavin at the moment of payment. In that case, the Supplier must ensure that the Products are identified and kept identifiable as much as possible and the Supplier shall count as the holder for Wavin in respect of those Products. No retention of title or any other security interest shall exist for the Supplier after the delivery to Wavin.
24.2 The risk of loss of or damage to the Products shall only pass to Wavin at the moment when both the actual delivery and the transfer of title to Wavin have taken place in accordance with the Agreement. If the installation of the Products has been agreed, the Supplier shall bear all the risk in respect of the Products until these have been installed and accepted or put into operation by Wavin, regardless of whether Wavin already has full title to these Products.
24.3 If Wavin makes items available to the Supplier for the execution of the Agreement (including raw materials, semi- finished products, materials and components, models, specifications, drawings, software and information carriers), these items shall remain Wavin’s property. Subject to Xxxxx’s written consent, the Supplier shall refrain from acting or failing to act in such a way with regard to these items that Wavin loses the ownership thereof, whether by specification, accession, confusion of property or in any other way whatsoever. Furthermore, the Supplier shall guarantee that the items are not encumbered or burdened with third-party rights. The Supplier shall have no right of retention or right of suspension in respect of these items. After the execution of the Agreement, these items must be returned in good condition.
TRANSFER OF OWNERSHIP AND RISK. INEOS will retain ownership of the Products, to the fullest extent permitted by law, until payment for the relevant quantity is received by INEOS even if Customer has co-mingled the Products with other goods or processed (in which case INEOS will become co-owner of the goods). If payment for Products delivered is not received INEOS may in addition to its other rights under law enter Customer’s premises to recover the Products / co-mingled goods. If the Products / co-mingled goods are resold before the payment is completed, INEOS shall be entitled to the receivables for the purchase price. Risk in the Products shall pass to Customer as per the applicable incoterm. Definitions in “Incoterms 2020” apply.
TRANSFER OF OWNERSHIP AND RISK. In case of delivery of goods, even in case of maintenance, replacement of parts or otherwise, the ownership of the delivered goods or the goods to be delivered will be transferred to XXXX at the time the goods to be delivered are identified and/or separated as being designated for XXXX, at the contractor’s location. In case of deliveries taking place to perform a Contractor agreement the delivery is at XXXX'x risk at the time of completion of the work. In all other cases, the delivery is at XXXX’x risk at the time the delivery has been accepted by XXXX. In the event that the delivery is returned to the contractor as a result of rejection of the delivery by XXXX, the risk of the delivery in question will again rest with the Contractor as of the moment the delivery was sent to the contractor.
TRANSFER OF OWNERSHIP AND RISK. The Parts/Goods will continue to belong to us until paid for them in full. You will, however, be responsible for any loss of damage from when they are delivered to you, and should insure accordingly. A cheque will not be treated as payment until it has been cleared.
TRANSFER OF OWNERSHIP AND RISK. 11.1. Transfer of ownership shall take place at the time when the SCOPE OF SUPPLY or parts thereof have been finished. Between transfer of ownership and delivery, SUPPLIER will store the SCOPE OF SUPPLY without costs to SARENS and xxxx them as owned by SARENS. Furthermore, SUPPLIER undertakes to store and insure the SCOPE OF SUPPLY as if the ownership would not have been transferred.
11.2. Risk shall pass to SARENS at the time of arrival of the delivery at the agreed place of delivery.
11.3. Should the requested shipment documents not be supplied in accordance with the CONTRACT and/or SARENS’ instructions, the goods shall be stored at the SUPPLIER'S charge and risk until arrival of the same.
TRANSFER OF OWNERSHIP AND RISK. Notwithstanding any terms relating to delivery and freight on the Agreement, the ownership and risk of loss in the Products shall remain with the Seller until the Products are actually delivered to and accepted at the destination designated in writing by the Buyer.
TRANSFER OF OWNERSHIP AND RISK. 21.1. Ownership of the delivered Goods shall be transfered at the time of Delivery, where necessary after any necessary installation work. The risk is transfered to the HZ University of Applied Sciences after acceptance of the Goods by the HZ University of Applied Sciences.
21.2. Acceptance of the Goods will be effected by means of a written statement from the HZ University of Applied Sciences, after Delivery and, where necessary, installation of the Goods. If the HZ University of Applied Sciences does not accept the Goods, it shall state the reasons why acceptance is withheld.
TRANSFER OF OWNERSHIP AND RISK. Unless specifically stipulated otherwise in writing, the transfer of ownership of supplies takes place on delivery of the supplies to the Purchaser. The risks relating to the ordered supplies shall be transferred to the Purchaser at the time of delivery.
TRANSFER OF OWNERSHIP AND RISK. 8.1 Title to and ownership in the goods shall not transfer to Xxxxx Xxxxxxxx until such goods are received at Xxxxx Xxxxxxxx’x designated production facility as defined in the specific purchase Order and/or as agreed upon by the terms and conditions of any applicable consignment or supplier managed inventory program. Any retention of title by Supplier shall be excluded.
8.2 For the avoidance of doubt Supplier shall bear the risk of loss of or damage to any goods until transfer of title occurs as defined in this paragraph 8. After such delivery and acceptance, Xxxxx Xxxxxxxx shall bear the risk of such loss of or damage to such goods, except to the extent that such loss or damage arises out of or results from the negligence or willful misconduct of Supplier or its agents or suppliers.
TRANSFER OF OWNERSHIP AND RISK. The ownership of the Goods shall pass unencumbered and unconditionally to MAH at the moment of transfer of the risk for the Goods, as stipulated in the Incoterms. Immediately thereafter, Supplier shall hand over to MAH a complete set of shipment documents (air way bill or bill of lading (pro forma), invoice, packing list, master’s receipt or other relevant documents for the shipment) or, if agreed upon, transfer the equivalent data file. If within the framework of the Order, partial payments are made for (parts of) the Order in anticipation of delivery of the Goods, the ownership of (parts of) the Goods shall pass to MAH at the moment of delivery of (part of) the Goods by Supplier or, in the case of manufacturing, at the moment that Supplier has commenced manufacturing; the ownership for the Goods shall be transferred to MAH as determined in the Incoterms.
