Trade Term definition

Trade Term means the Incoterm trade term set out in the Contract of Sale.
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Trade Term means a trade term specified in Incoterms 2020 and set out in Schedule 1.
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Trade Term. – means the Incoterm agreed by and between the Parties to be applicable in respect of an order (by the Customer) and an associated sale (by Stiebel Eltron) of Products from time to time.
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Examples of Trade Term in a sentence

  • The letter of credit shall be established no later than fourteen (14) days prior to the earlier of (a) the loading of Goods by the Seller in the container or on the vessel or (b) earliest delivery date set forth in this Agreement (as defined in the applicable Trade Term) and shall not expire until twenty-one (21) days after the latest shipment date set forth in the Agreement to enable Seller to assemble the documents.

  • If no delivery term has been agreed in the Trade Term or the PO, then parties agree that delivery will be Ex Works from the location of the Products.

  • Title to Products and risk of loss pass to Plantronics when GoerTek delivers the Products to Plantronics at place specified in section 13.1 according to Trade Term, Section 13.1.

  • The aforesaid Price shall be subjet to the Trade Term of DDP Germany warehouse under Incoterms 2010.

  • For example, if you apply the Trade Term DAP (Delivered At Place), this means that the seller delivers the goods, and transfers risk to the buyer: The seller bears all risks involved in bringing the goods to the named place of destination or to the agreed point within that place.

  • Except to the extent that it is inconsistent with this Agreement, the Trade Term shall apply to all purchase orders unless otherwise agreed in a purchase order.

  • The aforesaid Price shall be subject to the Trade Term of DDP Düsseldorf under Incoterms 2010.

  • Title to Products and risk of loss pass to Plantronics when GoerTek delivers the Products to Plantronics according to Trade Term, Section 12.1.

  • Title to Products or Parts and risk of loss and damage to Products will pass to Customer at the address agreed to by the Parties in accordance with the Applicable Trade Term.

  • Risk of loss to all Products sold under this Contract shall pass to Buyer upon Seller’s tender of any or all Products at the delivery point per the agreed Trade Term under Section 5.

Related to Trade Term

  • Initial Term has the meaning set forth in Section 7.1.

  • License Term means the duration of a License as specified in the Order.

  • Licence Term means the Initial Term plus any Further Term; Licensee means You and/or the Permitted Users;

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • Agreement Term has the meaning set forth in Section 11.1.