Common use of Transfer of Risks Clause in Contracts

Transfer of Risks. The title of the Supply, and the related risks, shall pass to Customer from the day of delivery of Supply as per relevant Incoterms applied as per clause 7 to the Customer directly or to the carrier, also where delivery is free of carriage or if assembly is included, or where transport is charged by FIMER. If shipment is delayed or becomes impossible due to reasons not attributable to FIMER, the Supply remains in storage at the expense, risk and liability of the Customer.

Appears in 4 contracts

Samples: Terms and Conditions of Supply, Terms and Conditions of Supply, Terms and Conditions of Supply

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