Common use of Title Passage Clause in Contracts

Title Passage. Title to all materials and services provided under this Agreement shall pass to the Owner upon performance of the work or upon the Owner becoming obligated to make payment therefor. It is expressly understood and agreed, however, that the passage of title shall not release the Operator from its responsibility to fully carry out its obligations under this Agreement. The Operator shall issue purchase orders in the name of the Owner as the Owner's agent.

Appears in 11 contracts

Samples: Operation and Maintenance Agreement (Somerset Power LLC), Operation and Maintenance Agreement (Somerset Power LLC), Operation and Maintenance Agreement (Somerset Power LLC)

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Title Passage. Title to all materials and services provided under this Agreement shall pass to the Owner upon performance of the work or upon the Owner becoming obligated to make payment therefor. It is expressly understood and agreed, however, that the passage of title shall not release the Operator from its responsibility to fully carry out its obligations under this Agreement. The Operator shall issue purchase orders in the name of the Owner as the Owner's agent.

Appears in 2 contracts

Samples: Operation and Maintenance Agreement (Kti Inc), Operation and Maintenance Agreement (Kti Inc)

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