Common use of Passing of Risk Clause in Contracts

Passing of Risk. 1. Even where delivery has been agreed freight free, the risk shall pass to the Purchaser as follows: (a) if the delivery does not include assembly or erection, at the time when it is shipped or picked up by the carrier. Upon the Purchaser's request, the Supplier shall insure the delivery against the usual risks of transport at the Purchaser's expense; (b) if the delivery includes assembly or erection, at the day of taking over in the Purchaser's own works or, if so agreed, after a successful trial run. 2. The risk shall pass to the Purchaser if dispatch, delivery, the start or performance of assembly or erection, the taking over in the Purchaser's own works, or the trial run is delayed for reasons for which the Purchaser is responsible or if the Purchaser has otherwise failed to accept the Supplies.

Appears in 2 contracts

Samples: Allgemeine Lieferbedingungen (Alb), Allgemeine Lieferbedingungen

Passing of Risk. 1. Even where delivery has been agreed freight free, the risk shall pass to the Purchaser as follows: (a) if the delivery does not include assembly or erection, at the time when it is shipped or picked up by the carrier. Upon the Purchaser's ’s request, the Supplier shall insure the delivery against the usual risks of transport at the Purchaser's ’s expense; (b) if the delivery includes assembly or erection, at the day of taking over in the Purchaser's ’s own works or, if so agreed, after a successful trial run. 2. The risk shall pass to the Purchaser if dispatch, delivery, the start or performance of assembly or erection, the taking over in the Purchaser's ’s own works, or the trial run is delayed for reasons for which the Purchaser is responsible or if the Purchaser has otherwise failed to accept the Supplies.

Appears in 1 contract

Samples: General Terms and Conditions

Passing of Risk. 1. ) Even where delivery has been agreed freight free, the risk shall pass to the Purchaser as follows: (a) if the delivery does not include assembly or erection, at the time when it is shipped or picked up by the carrier. Upon the Purchaser's ’s request, the Supplier shall insure the delivery against the usual risks of transport at the Purchaser's ’s expense; (b) if the delivery includes assembly or erection, at the day of taking over in the Purchaser's ’s own works or, if is so agreed, after a successful trial run. 2. The 2)The risk shall pass to the Purchaser Purchaser’s if dispatch, delivery, the start or performance of or assembly or erection, the taking over in the Purchaser's ’s own works, or the trial run is delayed for reasons for which the Purchaser is responsible or if the Purchaser has otherwise failed to accept the Supplies.

Appears in 1 contract

Samples: General Terms and Conditions