Common use of Transfer of Title and Risk Clause in Contracts

Transfer of Title and Risk. 21.1 If the Deliverables are manufactured or performed specifically for Buyer, the Deliverables are Buyer’s sole property as and when the Deliverables are produced or performed. Other Deliverables become Buyer’s sole property as and when the Deliverables are paid for or delivered (whatever occurs first).

Transfer of Title and Risk. 21.1 20.1 If the Deliverables are manufactured or performed specifically for Buyer, the Deliverables are Buyer’s sole property as and when the Deliverables are produced or performed. Other Deliverables become Buyer’s sole property as and when the Deliverables are paid for or delivered (whatever occurs first).