Transfer of Title and Risk Sample Clauses

Transfer of Title and Risk. (a) The parties acknowledge that despite the receipt by the Merchant pursuant to this Agreement, title and risk in respect of the Produce shall only pass in accordance with subclause 2.3(b).
AutoNDA by SimpleDocs
Transfer of Title and Risk. As between the Receiving Participant and the Delivering Participant and for the purposes of this agreement, title to, risk in and control of all gas delivered in accordance with this agreement passes to the Receiving Participant that accepted delivery of that gas when that gas passes the Delivery Point.
Transfer of Title and Risk. 11.1 Title in the Goods will be transferred to the Purchaser upon the earlier of:
Transfer of Title and Risk. Title to the Goods shall, irrespective of Delivery, pass to Purchaser upon payment of the Contract Price in full. The risk of loss of and damage to the Goods shall pass to Purchaser upon Delivery in accordance with the applicable Incoterms (2020). Until the title to the Goods has passed from Lippmann to Purchaser, Purchaser shall keep the Goods separately and readily identifiable as the property of Xxxxxxxx. Purchaser shall assist Xxxxxxxx in taking any measures necessary to protect Xxxxxxxx’x title to the Goods in the country concerned. If Purchaser is in default of its payment obligations under this Contract, and fails to rectify this within seven (7) days after the Lippmann’s written notice thereof, Lippmann may (without prejudice to any other of its rights available at law or under this Contract) enter upon Purchaser’s premises and without any court order or other process of law may repossess and remove the Goods, or render the Goods unusable without removal, either with or without prior notice thereof to Purchaser. Purchaser hereby authorizes Xxxxxxxx to do so, and waives any trespass or right of action for damages by reason of such entry, removal or disabling. Any such repossession or action by Xxxxxxxx shall not constitute a termination of this Contract.
Transfer of Title and Risk. 14.1 Each Component shall become, to the extent consistent with the mandatory requirements of applicable Law, the property of the Company at whichever is the earlier of the following times, free from liens and other encumbrances :
Transfer of Title and Risk. Notwithstanding anything to the contrary set forth in Incoterms 2020, the transfer of title to and the risk of loss/damage of the Purchased Commodities to the Buyer takes place upon passing over the ship’s rail at the U.S. load port.
Transfer of Title and Risk. 21.1 If the Deliverables are manufactured or performed specifically for Buyer, the Deliverables are Buyer’s sole property as and when the Deliverables are produced or performed. Other Deliverables become Buyer’s sole property as and when the Deliverables are paid for or delivered (whatever occurs first).
AutoNDA by SimpleDocs
Transfer of Title and Risk. 9.1 For an FOB delivery, LNG shall be delivered to Buyer into the relevant LNG Ship at the Loading Port. Delivery of LNG shall be deemed completed, and title to and risk of loss of such LNG shall pass from Seller to Buyer, as the LNG passes the Delivery Point.
Transfer of Title and Risk. Seller shall retain title to the commodities until Seller has been paid in full in accordance to the terms of the Letter of Credit. However, it is acknowledged and agreed that risk of loss and insurance costs shall pass to Buyer upon passing the ship’s rail at the U.S. load port, as provided in Section 4 of this Agreement. Any marine insurance to cover specified loss or damage during the ocean voyage of the commodities shall be at buyer’s sole responsibility and cost, including without limitation the cost of the Seller Endorsement.
Transfer of Title and Risk. Title and risk of accidental loss of or of accidental harm to the Natural Gas delivered hereunder shall pass to BUYER at Delivery Point(s) free of all liens, charges and adverse claims of any kind.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!