Title Retention Musterklauseln
Title Retention a) Regardless of the point and date of risk transfer, the delivery item shall remain our property until the Customer has paid all related open in- voices in full.
b) While delivery items are stored at and awaiting reception by the Customer, the Customer is obliged to take adequate care of the delivered goods until the goods are transferred into the Customer's ownership. Should maintenance and inspection work be required, such work will be performed by the Customer at his own expense.
c) The Customer shall inform us immediately and in writing of all unexpected and illegal 3rd party access to the delivery items, especially in case of legal action due to 3rd party intrusion or damage caused to the delivery object. The Customer shall also inform the bailee of Seisenbacher's title retention. The Customer shall reimburse us for all damages and cost incurred due to infringement cases, damage to the delivery and any legal action that would need to be taken in such cases.
d) As long as the delivery item is our property, the Customer is not entitled to pawn the supplied delivery item to a third party, pawn it as guar- antee or sell it (except from according to Point 6.e.).
e) The Customer is entitled to resell the delivery item in the proper course of business. He shall immediately settle all accounts receivable total- ling the invoice amount which have been incurred by him through re-selling to a third party. In addition, he shall undertake to make a corre- sponding note in his books or on his invoices. We shall accept the assignment. Following the assignment, we are entitled to collect the ac- counts receivable. We reserve the right to collect the accounts receivable ourselves as soon as the Customer does not properly satisfy his payment obligations and enters into arrears. In the case of resale on credit, the Customer likewise reserves the ownership towards his buyer. The Customer shall transfer to us the claims and rights arising from this title retention. We shall accept the assignment.
f) In the event that the Customer behaves in a manner contrary to the contract, especially in the case of a delay in payment, we are entitled to withdraw from the contract and demand immediate return of the delivery item. Furthermore, we are entitled to withdraw from the contract in the case of infringement of the above obligations and to request immediate return of the delivery item, if we can no longer be reasonably expected to adhere to the contract.
g) Any treatment and proc...
Title Retention. The goods and services remain the property of ZOPF until complete payment.
Title Retention. The moment we accept the deliveries, they become our sole property. We do not recognise any title retentions. The supplier insures that there is no title retention on the delivered goods.
Title Retention. 1. Until payment in full of the purchase price and any ancillary receivables due has been made the goods shall remain the property of the Shipper. Until said date the goods may neither be sold nor attached.
2. This title retention clause shall also apply if the goods delivered are either processed or altered and subsequently sold to customers by the Buyer. In this case the Buyer's accrued receivables due from Buyer's customers shall be assigned to the Shipper in the amount equivalent to the respective Supplier invoice(s) pending payment.
3. In the event that the Buyer should be in default of payment, the return or seizure of the delivered goods may be demanded by the Shipper without Shipper being required to precede such action with a warning notice or further default notices.