Retention of ownership. 1. TTI retains ownership of the purchased merchandise until receipt of all payments from the supply contract; the purchaser recognizes TTI´s simple and extended retention of Title. In the event of breach of the contract by the purchaser, especially default in payment, TTI is entitled to take back the purchased item. The physical repossession of the merchandise by TTI, without repossessing title, does not constitute a rescission of the contract unless TTI has expressly declared this in text form. However, the repossession of title of the merchandise by TTI always constitutes a rescission of the contract. After taking back the purchased item, TTI is entitled to sellit; the proceeds from the sale are offset against the purchaser´s liabilities, minus reasonable salling expenses.
Retention of ownership. Irrespective of delivery and the passing of risk or any other provision of these Terms and Conditions, title to the Goods shall not pass to Buyer until the purchase price has been paid in full. Seller shall have the right to reclaim, otherwise dispose of or dispose of the Goods until the purchase price has been paid in full. Until the goods have been paid in full, Buyer shall hold the goods in trust for Seller and shall keep the goods separate from its property and that of third parties and shall properly store, secure and insure the goods subject to retention of title and mark them as Seller's property. Until full payment has been made, Buyer may use or resell the goods in the ordinary course of business, but Buyer must hold any consideration (including any insurance payments) on Seller's behalf and keep the funds separate from its property and that of third parties. If the goods have been further processed and if the further processing has also included parts in which the conditional seller has no ownership, the conditional seller shall acquire corresponding partial ownership. The same shall apply if goods of the seller are mixed with those of others. In the event of seizure or other interventions by third parties, the Buyer shall notify the Seller without delay. If the Buyer fails to comply with this duty, he shall be liable for the damage incurred. The Seller undertakes to release the securities to which it is entitled at the Buyer's request to the extent that the realizable value of the securities exceeds the claims to which the Seller is entitled. The choice of the securities to be released shall be made by the Seller. The buyer must inspect the goods within the meaning of § 377 UGB and raise any complaints within one year of the invoice date. Return of the goods may only be made at the request of the seller. The Seller shall not be liable for the goods being fit for a particular purpose unless the Seller has expressly agreed to such liability. Seller's liability is assumed under the following conditions: - the Seller shall not be responsible for defects in the Goods resulting from any description or specification of the Goods by the Buyer. - the Seller shall not be responsible for the defectiveness of the goods if the purchase price due purchase price has not been paid by the due date. - Seller's responsibility does not extend to parts, materials or other equipment manufactured by or on behalf of Buyer unless the manufacturer of such parts assumes r...
Retention of ownership. Ownership in the object of purchase shall be transferred to the AG upon handover to the AG or to a third party designated by the AG unless the Parties have agreed on a different form of ownership transfer. Any retention of ownership – in any form whatsoever – shall be excluded.
Retention of ownership. The CN shall retain the right of ownership of the purchase item until the complete fulfilment of all the CS’s obligations. The CN is entitled to make its ownership of the delivery item known externally. The CS must comply with the necessary formal requirements for the preservation of the retention of ownership. In the event of attachment or any other claim, the CS shall be obliged to assert the CN’s right of ownership and inform the latter of this immediately. The CS is entitled to resell the goods belonging to the CN, as well as products owned or jointly owned by the CN in the normal course of business. The claim obtained by the CS from such sale is hereby ceded to the CN. The CS must sufficiently insure the goods belonging to the CN or products owned or jointly owned by the CN at its own expense.
Retention of ownership. 1. The ownership of delivery items shall be transferred to the Customer only after the complete payment thereof. Insofar as the validity of the retention of ownership is tied to special conditions or special formal requirements in the country of destination, the Customer shall bear the responsibility for their fulfilment.
Retention of ownership. Until full payment has been made, the delivered goods remain the property of Belmus Germany GmbH. You have the right to withdraw from this contract within fourteen days without giving any reason. The cancellation period is fourteen days from the day on which you or a third party named by you who is not the carrier took possession of the last goods. In order to exercise your right of withdrawal, you must send us (Xxxxx Xxxxx, Xxxxxxxxxxxxxx, Xxxxxxx-Xxxxxxx-Xxxxxx 000, X-00000 Xxxxxxxx, Tel.: +00 00 000 00 00 00, email: xxxxxxx@xxxxxxxxxx.xx) a clear statement (e.g. a letter sent by post or an e-mail) about your decision to withdraw from this contract. You can use the attached model cancellation form, which is not mandatory. To meet the cancellation deadline, it is sufficient for you to send the communication regarding your exercise of the right of cancellation before the cancellation period has expired. If you revoke this contract, we have paid you all payments that we have received from you, including the delivery costs (with the exception of the additional costs resulting from the fact that you have chosen a different type of delivery than the cheapest standard delivery offered by us have), immediately and at the latest within fourteen days from the day on which we received the notification of your cancellation of this contract is. For this repayment, we use the same means of payment that you used in the original transaction, unless something else was expressly agreed with you; under no circumstances will you be charged fees for this repayment. We may refuse repayment until we have received the returned goods or until you have provided proof that you have returned the goods, whichever is earlier. You must return or hand over the goods to us immediately and in any case no later than fourteen days from the day on which you inform us of the cancellation of this contract. The deadline is met if you send back the goods before the period of fourteen days has expired. You bear the direct costs of returning the goods. You only have to pay for any diminished value of the goods if this diminished value is due to the handling of the goods that is not necessary to check the nature, properties and functionality of the goods. For returns from Germany with Hermes and from Austria with DHL, we will cover the return costs for you.
Retention of ownership. All merchandise supplied, installed, or otherwise handed over shall remain our property until payment of the purchase price has been received in full. As long as right of retention of ownership pertains, sale, offering in pledge, assignment as security, leasing or other assignment of the object of purchase shall not be permissible without our written agreement. Principals shall declare themselves in agreement that all payments effected shall be set in the first instance against costs and reminder expenses, then against interest and other ancillary charges, and finally against the purchase price of the merchandise subject to retention of ownership. The claiming of retention of ownership shall not mandatorily signify withdrawal from the contract.
Retention of ownership. STS Sensor Technik Sirnach AG will remain the owner of the goods until the complete payment of the purchase price.
Retention of ownership a) The delivered goods remain the property of the seller (or assignee) up until full payment of debts arising from the delivery (invoice amount, increased invoice amount, interest, expenses, and costs). The deliveries made for a particular project, also if these have been ordered, delivered and billed in sections, are considered as a single order. The retention of ownership in all goods hereby does not expire if all claims of the seller (or assignee) from such a single order are settled. In the case of payment default by the orderer (purchaser), the seller (or assignee) is entitled to collect the goods subject to retention of ownership also without rescinding the contract. It is also expressly agreed that the seller is entitled to enter the apartment or respectively business premises of the purchaser in order to take the object of the purchase back if the payment agreements are not adhered to. The retention of ownership can be claimed regarding the entire delivery or individual goods, with or without rescinding the contract. As long as the retention of ownership is in force, the orderer (purchaser) may not sell, gift, pledge, loan or otherwise dispose of the objects, he is to report by means of registered post any pledging of the goods subject to retention of ownership carried out or impending by third parties and is liable for all additional expenses which the seller (or assignee) must make to ward off such pledging. The seller (assignee) is to be informed immediately in writing about changes in the orderer’s (purchaser’s) address. The orderer (purchaser) is also liable for any damage or loss of the objects subject to retention of ownership, irrespective of whether the damages were caused by him or third parties. The orderer (purchaser) assumes the risk for the goods from when they are handed over. The orderer (purchaser) is also obligated to treat the goods carefully, insure them against water and fire damage, and to indemnify and hold free and harmless the seller (or assignee) as long as the goods are the property of the seller (or assignee) or financed by a bank. The same applies for instalment contracts as agreed. The retention of ownership does not expire until full payment of the last instalment along with all interest, expenses and costs. If the agreed payments are moreover not adhered to, the seller (or assignee) has the right to take back the goods delivered against calculating a suitable hire charge, all costs for necessary repairs and servicing...
Retention of ownership. Our delivered goods remain in our ownership until the customer has completely settled all outstanding payments. The customer may not mortgage the goods nor offer them in surety. We must be informed imme- diately of any confiscation by a third party.