Common use of Passage of Title Clause in Contracts

Passage of Title. A. Subject to Section 11 (Risk Management) herein, title to the Merchantable Timber within the Timber Sale Area shall pass from the STATE to Purchaser upon scaling and payment for logs as documented on Certified Scaling Certificates produced by the Scaling Bureau approved by the STATE. The risk of loss or damage to the Merchantable Timber shall be allocated as provided in Section 11 herein.

Appears in 3 contracts

Samples: aws.state.ak.us, aws.state.ak.us, aws.state.ak.us

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Passage of Title. A. Subject to Section 11 (Risk Management) herein, title to the Merchantable Timber within the Timber Sale Area shall pass from the STATE to Purchaser PURCHASER upon scaling and payment for logs as documented on Certified Scaling Certificates produced by the Scaling Bureau approved by the STATE. The risk of loss or damage to the Merchantable Timber shall be allocated as provided in Section 11 herein.

Appears in 3 contracts

Samples: aws.state.ak.us, aws.state.ak.us, aws.state.ak.us

Passage of Title. A. Subject to Section 11 (Risk Management) herein, title to the Merchantable Timber within the Timber Sale Area shall pass from the STATE or the USFS as applicable by land ownership to Purchaser PURCHASER upon scaling and payment for logs as documented on Certified Scaling Certificates produced by the Scaling Bureau approved by the STATE. The risk of loss or damage to the Merchantable Timber shall be allocated as provided in Section 11 herein.

Appears in 1 contract

Samples: aws.state.ak.us

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Passage of Title. A. Subject to Section Paragraph 11 (Risk Management) herein, title to the Merchantable Timber within the Timber Sale Area shall pass from the STATE U. S. Forest Service to Purchaser PURCHASER upon scaling and payment for logs as documented on Certified Scaling Certificates produced by the Scaling Bureau approved by the STATEDOF. The risk of loss or damage to the Merchantable Timber shall be allocated as provided in Section Paragraph 11 herein.

Appears in 1 contract

Samples: Alaska Department

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