Common use of Reservation of Title Clause in Contracts

Reservation of Title. Siemens shall retain title to all of its deliverables until such time as it has received the agreed payments in full. Upon ac- ceptance of the deliverable, the Purchaser authorises Siemens to register its reservation of title. For the period of reservation of title, the Purchaser shall maintain the delivered items at its own expense and insure them on behalf of Siemens against theft, breakage, fire, water damage, and other risks.

Reservation of Title. Siemens shall retain title to all of its deliverables until such time as it has received the agreed payments in full. Upon ac- ceptance acceptance of the deliverablede- liverable, the Purchaser authorises Siemens to register its reservation of title. For the period of reservation of title, the Purchaser shall maintain main- tain the delivered items at its own expense and insure them on behalf of Siemens against theft, breakage, fire, water damage, and other risks.

Reservation of Title. 5.1 Siemens shall retain title to all of its deliverables until such time as it has received the agreed payments in full. Upon ac- ceptance acceptance of the deliverable, the Purchaser Customer authorises Siemens to register its reservation of title. For the period of reservation of title, the Purchaser Customer shall maintain the delivered items at its own expense and insure them on behalf of Siemens against theft, breakage, fire, water damage, and other risks.