Common use of Passing of Risk and Title Clause in Contracts

Passing of Risk and Title. 13.1 All Parts are at the risk of the Customer from delivery Ex Works (Incoterms 2010) the AJW Facility. Parts Repaired are at the risk of the Customer until received by AJW Delivered Duty Paid (Incoterms 2010) AJW Facility. If the Customer loses or damages a Unit whilst in its care, custody or control, it shall be responsible for either the cost of the Repair (if the unit is BER) or shall pay the replacement value (as defined in the Exchange Order) if the Unit has to be replaced.

Passing of Risk and Title. 13.1 All Parts are at the risk of the Customer from delivery Ex Works (Incoterms 2010) the AJW AJWTE Facility. Parts Repaired are at the risk of the Customer until received by AJW AJWTE Delivered Duty Paid (Incoterms 2010) AJW AJWTE Facility. If the Customer loses or damages a Unit whilst in its care, custody or control, it shall be responsible for either the cost of the Repair (if the unit is BER) or shall pay the replacement value (as defined in the Exchange Order) if the Unit has to be replaced.custody