Common use of Delivery; Title Clause in Contracts

Delivery; Title. The ▇▇▇▇▇ Company shall deliver all Products to be sold hereunder, and title to all such Products shall pass, to ▇▇▇▇▇ R&M at the applicable Delivery Point. At the Delivery Point for any Product, ▇▇▇▇▇ R&M shall take delivery of such Product and the ▇▇▇▇▇ Company's responsibility with respect to such Product shall cease and ▇▇▇▇▇ R&M shall assume all responsibility for, all risk of loss of, or damage to, and deterioration or evaporation of, such Product so delivered.

Appears in 2 contracts

Sources: Product Purchase Agreement (Clark Refining & Marketing Inc), Product Purchase Agreement (Neches River Holding Corp)