Common use of Transfer of risk Clause in Contracts

Transfer of risk. The risk of loss of or damage to the Goods and/or Services shall pass from the Supplier to the Purchaser (i) upon the date of their acceptance if this is performed on the Purchaser’s premises in accordance with the provisions of Article 11, or if not (ii) upon delivery of the Goods at the named destination pursuant to the Incoterm ICC 2020 as defined in Article 7 above.

Appears in 62 contracts

Samples: General Purchase Conditions, General Purchase Conditions, General Purchase Conditions

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Transfer of risk. The risk of loss of or damage to the Goods and/or Services shall pass from the Supplier to the Purchaser (i) upon the date of their acceptance if this is performed on the Purchaser’s premises in accordance with the provisions of Article 1112, or if not (ii) upon delivery of the Goods at the named destination pursuant to the Incoterm ICC 2020 as defined in Article 7 8 above.

Appears in 5 contracts

Samples: General Conditions of Purchase, General Purchase Conditions, General Conditions of Purchase

Transfer of risk. The risk of loss of or damage to the Goods and/or Services shall pass from the Supplier to the Purchaser (i) upon the date of their acceptance if this is performed on the Purchaser’s premises in accordance with the provisions premisesinaccordancewith theprovisions of Article 11, or if not (iinot(ii) upon delivery upondelivery of the Goods at the named destination pursuant to the Incoterm ICC 2020 as defined in Article 7 above.

Appears in 3 contracts

Samples: General Purchase Conditions, General Purchase Conditions, General Purchase Conditions

Transfer of risk. The risk Therisk of loss of or damage to the Goods and/or Services shall pass from the Supplier to the Purchaser (i) upon the date of their acceptance if this is performed on the Purchaser’s premises in accordance with the provisions inaccordancewith theprovisions of Article 11Article11, or if not (iiorifnot(ii) upon delivery upondelivery of the Goods at the named destination pursuant to the Incoterm ICC 2020 as defined in Article 7 above.

Appears in 2 contracts

Samples: General Purchase Conditions, General Purchase Conditions

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Transfer of risk. The risk of loss of or damage to the Goods and/or Services Supply shall pass from the Supplier to the Purchaser (i) upon the date of their acceptance if this is performed on the Purchaser’s premises in accordance with the provisions of Article 1110, or if not (ii) upon delivery of the Goods at Supply in compliance with the named destination pursuant to the Incoterm ICC 2020 as conditions defined in Article 7 abovethe Contract.

Appears in 1 contract

Samples: General Purchase Conditions

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