Common use of Shipment Terms Clause in Contracts

Shipment Terms. Shipping terms for all orders of Products placed are FOB Destination. “FOB Destination” shall mean that: (i) title and risk of loss to the Products shall not pass to Saint Luke’s until the Product is delivered and signed for at the Saint Luke’s designated shipping destination; and (ii) Company will be responsible for paying applicable freight charges to the commercial carrier. Company shall remain responsible for the condition of the Product in transit, insurance, and filing claims with the commercial carrier. In the event Saint Luke’s and Company agree to other shipping terms, such shipping terms shall be consistent with Saint Luke’s policies and shall be in a writing signed by the parties. Company shall deliver the Products in accordance with the terms of this Agreement and the Purchase Order to the attention of the individual and address identified on the Purchase Order.

Appears in 4 contracts

Samples: Master Purchasing Agreement, Master Purchasing Agreement, Master Purchasing Agreement

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