Retention of Title. Supplied Goods shall remain Seller’s property until fulfillment by Customer of its payment obligations as described above. As such:
Retention of Title a. The Work remains the Seller's property until the Buyer has paid for it and discharged all other debts owing to the Seller.
Retention of Title a. Property in all the Goods supplied shall remain vested in the Company and shall not pass to the Customer until all monies owing to the Company by the Customer together with all collection, repossession and/or legal costs incurred, have been paid in full.
Retention of Title. Until all invoices or other monies due under this Agreement are paid in full and cleared funds, all right, title, interest and ownership of the goods remain with the Supplier, but the risk passes to the Customer on delivery. Delivery shall occur when the Supplier or its Agent delivers to the Customer or as reasonably directed by the Customer and/or if the Customer or its Agent(s) takes delivery, at the point of delivery. Until the Supplier is paid in full, the relationship of the Customer to the Supplier shall be fiduciary in respect of the goods and the Customer shall hold the goods as bailee only for the Supplier. The Customer shall store the goods separately from its own until ownership has manifested in the Customer. The Customer shall ensure that the goods supplied by the Supplier will not be on sold to a third party before payment in full cleared funds are received by the Supplier from the Customer, or in the event of the appointment of an Administrator Controller, Managing Controller, Receiver, Receiver Manager or Liquidator, or entry into an Informal/Formal Deed of Arrangement under the Bankruptcy Act of 1966 by the Customer, the Customer hereby assigns to the Supplier its right of recovery of payment from any such third party. The money(ies) resulting from the sale of the goods are to be specifically earmarked and placed in a separate account of trust for the Supplier until payment in full is made to the Supplier for the cost of the goods. PPSR Notwithstanding that all right, title, interest and ownership of the goods remains vested in the Supplier until the Supplier receives payment in full, cleared funds, the parties acknowledge that this Agreement establishes a registerable Security Interest against the Customer against all present and future acquired property of the Customer. In the event the Customer is in default of the terms of this Agreement the Customer, without reservation or limitation grants to the Supplier a right of entry to any or all properties under the Customer’s control, where the goods supplied by the Supplier are reasonably expected to be stored. The Customer indemnifies and save harmless the Supplier, its servants or agents in relation to loss or damage as a result of the retaking of possession of the said goods. Further in the event the Supplier exercises its right of retaking possession of the said goods, the Customer grants power of sale to the Supplier to resell the said goods and the Customer acknowledges that any shortf...
Retention of Title. 1. Notwithstanding the other provisions in these Sales Conditions, XXXXX shall retain ownership and title to the Products delivered to the Purchaser by XXXXX until the Purchaser has made full and final payment of all amounts (including interest, costs and penalties) that it owes to XXXXX under all Agreements entered into between XXXXX and the Purchaser, including all joint obligations and all claims by XXXXX based on default on the part of the Purchaser with regard to these Agreements. Nevertheless, the Purchaser may, in the ordinary course of its business, process or, in the event the Purchaser is a distributor of XXXXX, sell these Products owned by XXXXX.
Retention of Title. Lessor shall and hereby does retain full legal title to and beneficial ownership of each Unit for all purposes (including for all tax purposes) notwithstanding the delivery to and possession and use of such Unit by Lessee hereunder or any Sublessee under any sublease permitted hereby.
Retention of Title. 26. The Goods shall remain the property of the Seller until paid for in full, to the extent that such retention of title is legally valid. INTELLECTUAL PROPERTY
Retention of Title. 3 Section 4.2 Duty to Number and Xxxx Equipment........................................ 3 Section 4.3 Prohibition Against Certain Designations................................. 4
Retention of Title. Seller retains title to all Products delivered by Seller until receipt of all amounts invoiced including interests and charges. In the event Buyer re-sells the Products before property in the products passes to Buyer in accordance with Clause 9 herein, Buyer shall account to Seller for all of the proceeds of any re-sale and prior to paying such proceeds to Seller, Buyer shall hold the same in a fiduciary capacity keeping the same separate from its other money. Unless mutually agreed in writing, Buyer assigns hereby to Seller the portion of the Buyer's claim against its end-customer to the extent the Products have been processed, transformed or combined with other products sold by Buyer to such end-customer. Seller shall be entitled to recover directly from Buyer's end-customer any unpaid portion of the Product value owed by Buyer. Upon request Buyer has to notify the assigned claim and the debtor thereof to Seller, and to make all information and material required for the debt collection available and to notify the assignment to the third-party debtor. If the Products are attached or otherwise levied upon, Buyer shall draw attention to Seller’s title and immediately inform Seller of the attachment or levy. Seller shall be entitled to carry out all applications and registrations as it deems necessary for securing its title and Buyer shall assist upon request. The retention of title shall not affect the passing of risk under the Clause 9.1.
Retention of Title. Title to Securities purchased by you (whether upon exercise of an option Client Contract or otherwise) will pass only when you pay the amount due for such purchase.
