Risk of Loss; Title. 7.1 Risk of loss or damage to Products shall pass to Buyer upon delivery to the loading dock at the installation site or other delivery location specified by Buyer in its Order, and Buyer shall keep such Products fully insured for the total amount then due Nortel for such Products.
Appears in 5 contracts
Samples: Services Agreement (Pt 1communications Inc), 1 Agreement (Midcom Communications Inc), Network Products Purchase Agreement (Itc Deltacom Inc)
Risk of Loss; Title. 7.1 Risk of loss or damage to Products shall pass to Buyer upon delivery to the loading dock at the installation site or other delivery location specified by Buyer in its Order, and Buyer shall keep such Products fully insured for the total amount then due Nortel for such Products. Nortel shall bear the risk of loss or damage to the Products if the loss or damages is the result of Nortel's negligence or willful misconduct.
Appears in 2 contracts
Samples: Network Products Purchase Agreement (Focal Communications Corp), Network Products Purchase Agreement (Focal Communications Corp)
Risk of Loss; Title. 7.1 Risk of loss or damage to Products shall pass to Buyer upon delivery to the loading dock at the installation site or other delivery location specified by Buyer in its Order, and Buyer shall keep such Products fully insured for the total amount then due Nortel for such Products. Buyer shall cause its insurers with respect to such Products to name Nortel as loss payee as Nortel's interests may appear.
Appears in 1 contract
Samples: Network Products Purchase Agreement (Northeast Optic Network Inc)
