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Common use of Transfer of Title and Risk Clause in Contracts

Transfer of Title and Risk. 11.1 Title in the Goods and/or Services will be transferred to the Purchaser upon the earlier of: (a) payment for the Goods and Services by the Purchaser; or (b) the Date of Delivery. 11.2 Risk of the Goods and/or Services remains with the Supplier and only transfers to the Purchaser when: (a) in case of Goods, all the Goods are notified by the Purchaser as being Acceptable; and (b) in the case of Services, Completion has been achieved for all the Services.

Appears in 3 contracts

Samples: Goods Supply Agreement, Goods Supply Agreement, Goods Supply Agreement

Transfer of Title and Risk. 11.1 Title in the Goods and/or Works/Services will be transferred to the Purchaser upon the earlier of: (a) payment for the Goods and Works/Services by the Purchaser; or (b) the Date of Delivery. 11.2 Risk of the Goods and/or Works/Services remains with the Supplier and only transfers to the Purchaser when: (a) in case of Goods, all the Goods are notified by the Purchaser as being Acceptable; and (b) in the case of Works/Services, Completion has been achieved for all the Works/Services.

Appears in 1 contract

Samples: Goods Supply Agreement

Transfer of Title and Risk. 11.1 16.1 Title in the Goods and/or Works/Services will be transferred to the Purchaser upon the earlier of: (a) payment for the Goods and Works/Services by the Purchaser; or (b) the Date of Delivery. 11.2 16.2 Risk of the Goods and/or Works/Services remains with the Supplier and only transfers to the Purchaser when: (a) in case of Goods, all the Goods are notified by the Purchaser as being Acceptable; and (b) in the case of Works/Services, Completion has been achieved for all the Works/Services.

Appears in 1 contract

Samples: Goods Supply Agreement