Common use of Transfer of Title and Risk of Loss Clause in Contracts

Transfer of Title and Risk of Loss. 9.1 Any Supplies and Services shall fully remain property of the Seller until Seller has been fully paid for the respective Supplies and Services. The Customer may only resell, process, combine or mix with other property, or otherwise integrate the Supplies and Services under retention of title to the extent expressly permitted under the Contract. The Customer shall be prohibited from taking any other disposition regarding the Supplies and Services for which the Seller retains title. 9.2 Transfer of risk of loss or damage to the Supplies and Services to the Customer shall occur upon completion of the Supplies and Services according to Clause 8 of these GT&C.