Retention of Title. Supplied Goods shall remain Seller’s property until fulfillment by Customer of its payment obligations as described above. As such:
Retention of Title. Until payment of all receivables- including future receivables - our deliveries, irrespective of the legal reasons involved, remain our property, even if payments are made for specified receivables. For outstanding accounts, the retention of title serves as security for our balance claim. Processing and handling is made for us on exclusion of the acquisition of property pursuant to § 950 BGB, without obliging us. The processed goods serve as a security for us to the amount of the invoice value of the goods under retention of title. In the case of the customer processing with other goods which do not belong to us, we have co-ownership in the new item, in relation of the value of the goods under retention of title to the other processed goods at the time of processing. For the new item resulting from such processing, the same applies as for the goods under retention of title. These are goods under retention of title in terms of these conditions. The customer may only sell our property in normal business transactions and at his normal business conditions, and as long as he is not in default. He is only entitled to re-sell the goods under retention of title, provided the claims from re-selling pass on to us in accordance with the following paragraphs. He is not entitled to any other disposal of the goods under retention of title. Claims of the customer from re-selling of the goods under retention of title are herewith assigned to us, irrespective of whether the goods under retention of title are re-sold before or after processing, or to one or several clients. The assigned claim serves to secure the value of goods of the respective goods sold under retention of title. If the goods under retention of title are sold by the customer alone or together with other goods not belonging to us, with or without processing, assignment of claims is only valid to the level of value of the goods under retention of title. The customer is entitled to collect receivables from re- selling up to our revocation, which can be declared at any time. However, he is not entitled to dispose of such claims via assignment. At our request he is obliged to inform his customers of his assignment to us and to provide us with the information and documents required for collection. If the value of the securities which exists for us exceed our claim by a total of more than 20 %, we are obliged to release securities at our discretion on request of the customer. In the case of attachment or any oth...
Retention of Title a. The Work remains the Seller's property until the Buyer has paid for it and discharged all other debts owing to the Seller.
Retention of Title a. Property in all the Goods supplied shall remain vested in the Company and shall not pass to the Customer until all monies owing to the Company by the Customer together with all collection, repossession and/or legal costs incurred, have been paid in full.
Retention of Title. 1. Notwithstanding the other provisions in these Sales Conditions, XXXXX shall retain ownership and title to the Products delivered to the Purchaser by XXXXX until the Purchaser has made full and final payment of all amounts (including interest, costs and penalties) that it owes to XXXXX under all Agreements entered into between XXXXX and the Purchaser, including all joint obligations and all claims by XXXXX based on default on the part of the Purchaser with regard to these Agreements. Nevertheless, the Purchaser may, in the ordinary course of its business, process or, in the event the Purchaser is a distributor of XXXXX, sell these Products owned by XXXXX.
Retention of Title. Lessor shall and hereby does retain full legal title to and beneficial ownership of each Unit for all purposes (including for all tax purposes) notwithstanding the delivery to and possession and use of such Unit by Lessee hereunder or any Sublessee under any sublease permitted hereby.
Retention of Title. 26. The Goods shall remain the property of the Seller until paid for in full, to the extent that such retention of title is legally valid. INTELLECTUAL PROPERTY
Retention of Title. 4 Section 4.2 Duty to Number and Xxxx Equipment..........................5 Section 4.3 Prohibition Against Certain Designations...................5
Retention of Title. Seller retains title to all Products delivered by Seller until receipt of all amounts invoiced including interests and charges. In the event Buyer re-sells the Products before property in the products passes to Buyer in accordance with Clause 9 herein, Buyer shall account to Seller for all of the proceeds of any re-sale and prior to paying such proceeds to Seller, Buyer shall hold the same in a fiduciary capacity keeping the same separate from its other money. Unless mutually agreed in writing, Buyer assigns hereby to Seller the portion of the Buyer's claim against its end-customer to the extent the Products have been processed, transformed or combined with other products sold by Buyer to such end-customer. Seller shall be entitled to recover directly from Buyer's end-customer any unpaid portion of the Product value owed by Buyer. Upon request Buyer has to notify the assigned claim and the debtor thereof to Seller, and to make all information and material required for the debt collection available and to notify the assignment to the third-party debtor. If the Products are attached or otherwise levied upon, Buyer shall draw attention to Seller’s title and immediately inform Seller of the attachment or levy. Seller shall be entitled to carry out all applications and registrations as it deems necessary for securing its title and Buyer shall assist upon request. The retention of title shall not affect the passing of risk under the Clause 9.1.
Retention of Title. Title to Securities purchased by you (whether upon exercise of an option Client Contract or otherwise) will pass only when you pay the amount due for such purchase.
