Common use of TITLE AND ADMINISTRATION Clause in Contracts

TITLE AND ADMINISTRATION. Unless another clause or provision of this Purchase Order provides for earlier passage of title, title and all property rights and interests resulting from this Purchase Order shall pass directly from Seller to the Buyer or the Government, as applicable under Buyer’s prime contract, upon acceptance, regardless of when or where the Buyer or the Government takes physical possession. Payments under this Purchase Order will be made by Buyer from funds advanced by the Govern­ment and agreed to be advanced by the Navy and not from Buyer’s own assets. Administration of this Purchase Order may be transferred to the Navy or its designee, and in case of such transfer and notice thereof to Seller, Buyer shall have no further responsibilities hereunder.

TITLE AND ADMINISTRATION. Unless another clause or provision of this Purchase Order provides for earlier passage of title, title and all property rights and interests resulting from this Purchase Order shall pass directly from Seller to the Buyer or the Government, as applicable under Buyer’s prime contract, upon acceptance, regardless of when or where the Buyer or the Government takes physical possession. Payments under this Purchase Order will be made by Buyer from funds advanced by the Govern­ment Government and agreed to be advanced by the Navy and not from Buyer’s own assets. Administration of this Purchase Order may be transferred to the Navy or its designee, and in case of such transfer and notice thereof to Seller, Buyer shall have no further responsibilities hereunder.