Common use of TRANSFER OF TITLE OF GOODS Clause in Contracts

TRANSFER OF TITLE OF GOODS. Once supplies of Coal have been effected at the Delivery Point / Loading Point in the Purchaser’s container by the Corporation, the property / title and risk of loss of Coal shall stand transferred to the Purchaser. The Corporation shall in no way be responsible or liable for the security or safeguard of the Coal so transferred. The Corporation shall have no liability, including towards increased freight or transportation costs, as regards any diversion of wagons / xxxxx /road transport en-route, for whatever causes, by Indian Railways; or road transporter or any other agency.

TRANSFER OF TITLE OF GOODS. Once supplies of Coal have been effected at the Delivery Point / Loading Point in the Purchaser’s container by the CorporationSeller, the property / title and risk of loss of Coal shall stand transferred to the Purchaser. The Corporation Seller shall in no way be responsible or liable for the security or safeguard of the Coal so transferred. The Corporation Seller shall have no liability, including towards increased freight or transportation costs, as regards any diversion of wagons / xxxxx /road transport en-route, for whatever causes, by Indian Railways; or road transporter or any other agency.