Common use of DEFERRED SHIPMENT Clause in Contracts

DEFERRED SHIPMENT. If shipment is deferred at your request, payment of the contract price shall become due when you are notified that the Equipment is ready for shipment. If you fail to make payment or furnish shipping instructions we may either extend the time for so doing or cancel the contract. In case of deferred shipment at your request, storage and other reasonable expenses attributable to such delay shall be payable by you.

DEFERRED SHIPMENT. If shipment is deferred at your request, payment of the contract price shall become will be due when you are notified that the Equipment shipment is ready for shipmentto be sent. If you fail to make payment or furnish shipping instructions instructions, we may either extend the time for doing so doing or cancel the contractun-shipped portion of the order. In case of deferred shipment at your request, storage and other reasonable expenses attributable to such delay shall be payable by you, and you will assume all responsibility and risk for loss of value in or damage to the goods.