PROPERTY AND RISK. 38.1 Title to the Goods shall pass to the University at the time of payment, provided that such passing shall not prejudice either the University’s right to reject for non-conformity with Specification and shall not prejudice any other rights that the University may have under the Contract. However, where advance or progress payments are made, title but not risk shall pass to the University as soon as items are allocated by the Seller to the Contract. All items so allocated shall be adequately marked and recorded as being the property of the University, and where such items are stored on the Seller’s site, held in a separate bonded area suitable for such storage purposes.
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Samples: www.docs.csg.ed.ac.uk, www.docs.csg.ed.ac.uk, www.docs.csg.ed.ac.uk
