Reservation of ownership. 10.1 The goods that have been sold remain our sole property until all outstanding debts arising from the business connection with the Purchaser have been paid in full. The Purchaser has power of disposal of the purchased goods in the ordinary course of business, or he may process the goods until revocation by us.
Reservation of ownership. The Client acknowledges without reservation that the Company retains ownership of the products delivered until full payment has been made, i.e., until the Company has received all sums due. Thus, in case of recourse to a financing solution, the Client is not the full owner of the Product until full payment of the price. In the event of non-payment on the due date, the Company reserves the right to take back the delivered goods without further formality. The goods shall then be returned immediately to the Company at the expense and risk of the Client, who shall be obliged to do so, upon request. If the Products delivered by the Company have already been resold by the Client and have not been paid for, the Company shall automatically acquire the Client's corresponding claim against the successive client. All goods in stock at the Client's premises shall be presumed to be unpaid goods to the extent of the amount due. The Company reserves the right to reclaim the delivered goods in accordance with the provisions of the Commercial Code, including in the event of the Client's receivership or liquidation. The foregoing stipulations are without prejudice to what is agreed above with respect to the transfer of risks. The Customer shall thus be held solely responsible for all risks of deterioration, loss, partial or total destruction, regardless of the cause of the damage, even if it is a fortuitous event or major force.
Reservation of ownership. 6.1 The supplier reserves ownership in all goods/delivery items supplied by him until full payment – in payment by cheque or bill of exchange until encashment – of all his accounts receivable from the purchaser arising from the business relationship (conditional goods); in this respect all deliveries are deemed to be a connected delivery transaction. For open accounts the reserved property is deemed to be security for the amount outstanding.
Reservation of ownership. 4.1. Pending the full payment of all your liabilities from the business relationship with us, we shall remain the owner of the delivery items (goods subject to retention of title). This shall also apply if the price for certain Performances specified by you has been paid. In such a case, the reservation of ownership shall serve as backing of the outstanding balance claims. If the reservation of ownership is attached to specific requirements or formal regulations in your country, you shall be obliged to point them out to us and to ensure the compliance at your expense.
Reservation of ownership. SEMIKRON shall retain ownership in the products sold until all claims - including future claims - arising from the business relation will have been fulfilled. In the case of bills and cheques, payment is not considered to be received until said bills and cheques have been honoured. Machining or processing of the products is considered to be carried out on behalf of SEMIKRON. In the event of an intermixture or combination of goods belonging to a third party, SEMIKRON shall acquire a co- ownership share proportionate to the ratio of SEMIKRON products to the third-party objects brought in by the contracting party at the moment of intermixture or combination. In case the contracting party acquires sole ownership of the new object, it already grants a co-ownership share of the said goods proportionate to the ratio of the invoice value of the reserved property to the value of the new goods. The contracting party is entitled, subject to revocation, to resell, but not to pledge or to assign by way of security, the goods which are owned or co-owned by SEMIKRON within the scope of proper business activity. If the contracting party resells SEMIKRON products or his own goods containing SEMIKRON products without receiving the full purchase price in advance or concurrent with the delivery of the object of purchase, he is obliged to conclude an agreement with his customer about retention of ownership in accordance with these terms and conditions. The contracting party already assigns to SEMIKRON all claims it may have from the resale as well as any rights accrued to him from the agreement on retention of ownership made by him. At SEMIKRON’s request, the contracting party is obliged to inform his contracting party of the assignment and furnish SEMIKRON with the information and documents it requires to assert its rights against the purchaser. In the event of delayed payment, other material breaches of contract or in the event of substantial deterioration of the contracting party’s financial circumstances, the contracting party is obliged, at SEMIKRON’s request, to surrender to SEMIKRON, immediately and at its own expense, all property co-owned by SEMIKRON. If the value of the securities arising out of the reservation of title agreement exceeds SEMIKRON’s claims from its business relations with the contracting party by a total of more than 20 %, SEMIKRON shall, at the request of the contracting party, declare the release of securities as it sees fit.
Reservation of ownership. 1. The ownership of the goods delivered by the Supplier shall transfer to the Counterparty when the Counterparty has paid the Supplier everything due for the delivery of the goods (including the purchase price, any fees payable under these conditions, and any interests and costs).
Reservation of ownership. All products sold remain the property of the Seller until full payment of the price invoiced, including any interest for delays and indemnities – payment is understood as effective receipt of the monies. Until this date and as of shipment, the Buyer takes responsibility for any damage which may be caused to or by these products, for whatever reason. Up to full payment of the price, the products may not be resold or pledged without the prior agreement of the Seller. In the event the Buyer should fail to observe any payment due dates, or in the event of any infringement of this clause of reservation of ownership, the Seller, without the loss of any other rights, may demand by registered letter with recorded delivery the return of the products at the Buyer’s expense until the latter meets all its commitments. The Seller may likewise terminate the contract by registered letter with recorded delivery. The act of using and / or accepting bills of exchange or other negotiable document does not constitute any substitution of the debt, and does not derogate these conditions of sale. The Buyer will inform the Seller of any seizure carried out by a third party in relation to products sold for which the full price has not yet been paid. The Buyer likewise will inform the Seller immediately when products delivered and unpaid are in other premises than the delivery address.
Reservation of ownership. 12.1 ROCKWOOL reserves ownership of the Goods delivered and to be delivered, until all its claims in respect of the Goods delivered and to be delivered have been settled in full by the Client.
Reservation of ownership. 5.1 We reserve the ownership of any and all goods we deliver until they have been paid for in full.
Reservation of ownership. 1. The User shall reserve ownership of all items delivered and to be delivered up until the point at which the other party has completely fulfilled all payment obligations towards the User.
