Common use of Delivery Clause in Contracts

Delivery. 6.1 The risk of looping or damaging the product shall be transferred to the Buyer upon giving out the Buyer the product, in accordance with the order conditions on the basis of INCOTERMS 2010. 6.2 The execution of partial deliveries is allowed. 6.3 If Seller notifies the Buyer that the products or goods are ready for shipment and the Buyer does not accept the delivery, then such products and goods shall be stored at the risk of the Buyer and are deemed for purposes of payment to have been delivered and the Buyer shall be responsible for any additional costs as a result; in such cases, Seller reserves the right to store the products and goods on Seller’s premises and to charge storage fees to the Buyer, or to hand the products and goods over to a shipping agent, at the cost and risk of the Buyer.

Delivery. 6.1 The risk of looping or damaging the product shall be transferred to the Buyer upon giving out the Buyer the product, in accordance with the order conditions on the basis of INCOTERMS 20102020. 6.2 The execution of partial deliveries is allowed. 6.3 If Seller notifies the Buyer that the products or goods are ready for shipment and the Buyer does not accept the delivery, then such products and goods shall be stored at the risk of the Buyer and are deemed for purposes of payment to have been delivered and the Buyer shall be responsible for any additional costs as a result; in such cases, Seller reserves the right to store the products and goods on Seller’s premises and to charge storage fees to the Buyer, or to hand the products and goods over to a shipping agent, at the cost and risk of the Buyer.