Transfer of Title and Risk. (a) The parties acknowledge that despite the receipt by the Merchant pursuant to this Agreement, title and risk in respect of the Produce shall only pass in accordance with subclause 2.3(b).
Transfer of Title and Risk. As between the Receiving Participant and the Delivering Participant and for the purposes of this agreement, title to, risk in and control of all gas delivered in accordance with this agreement passes to the Receiving Participant that accepted delivery of that gas when that gas passes the Delivery Point.
Transfer of Title and Risk. 11.1 Title in the Goods and/or Services will be transferred to the Purchaser upon the earlier of:
Transfer of Title and Risk. 14.1 Each Component shall become, to the extent consistent with the mandatory requirements of applicable Law, the property of the Company at whichever is the earlier of the following times, free from liens and other encumbrances :
Transfer of Title and Risk. 21.1 If the Deliverables are manufactured or performed specifically for Buyer, the Deliverables are Buyer’s sole property as and when the Deliverables are produced or performed. Other Deliverables become Buyer’s sole property as and when the Deliverables are paid for or delivered (whatever occurs first).
Transfer of Title and Risk. Seller shall retain title to the commodities until Seller has been paid in full in accordance to the terms of the Letter of Credit. However, it is acknowledged and agreed that risk of loss and insurance costs shall pass to Buyer upon passing the ship’s rail at the U.S. load port, as provided in Section 4 of this Agreement. Any marine insurance to cover specified loss or damage during the ocean voyage of the commodities shall be at buyer’s sole responsibility and cost, including without limitation the cost of the Seller Endorsement.
Transfer of Title and Risk. Title to and risk of accidental loss of or of accidental harm to Natural Gas delivered hereunder shall pass to BUYER at Delivery Point free of all liens, charges and adverse claims of any kind.
Transfer of Title and Risk. Title to the Goods shall, irrespective of Delivery, pass to Purchaser upon payment of the Contract Price in full. The risk of loss of and damage to the Goods shall pass to Purchaser upon Delivery. Until the title to the Goods has passed from XxXxxxxxx to Purchaser, Purchaser shall keep the Goods separately and readily identifiable as the property of XxXxxxxxx. Purchaser shall assist XxXxxxxxx in taking any measures necessary to protect XxXxxxxxx’x title to the Goods in the country concerned. If Purchaser is in default of its payment obligations under this Contract, and fails to rectify this within seven (7) days after the XxXxxxxxx’x written notice thereof, XxXxxxxxx may (without prejudice to any other of its rights available at law or under this Contract) enter upon Purchaser’s premises and without any court order or other process of law may repossess and remove the Goods, or render the Goods unusable without removal, either with or without prior notice thereof to Purchaser. Purchaser hereby authorizes XxXxxxxxx to do so, and waives any trespass or right of action for damages by reason of such entry, removal or disabling. Any such repossession or action by XxXxxxxxx shall not constitute a termination of this Contract.
Transfer of Title and Risk. The title and the risk of the Goods transfer from the Other Party to RWE at the moment that the Goods were actually delivered and were accepted unambiguously by RWE in accordance with these Purchase Terms and Conditions and/or the Agreement, unless the Parties expressly stipulate otherwise in the Agreement or the Goods are rejected by RWE after the delivery in pursuance of article 12. If RWE is in conformity with the Agreement held to pay an advance for the Goods to be delivered, then the title of the said Goods transfers from the Other Party to RWE at the moment of the first payment thereof. Up to delivery and acceptance of the Goods by RWE the risk of the Goods shall be vested in the Other Party who can be qualified as the holder of the said Goods for RWE. In addition to the provisions set forth in this article the title and the risk of rights also transfer from the Other Party to RWE at the moment of signature of a relevant written agreement by and between the Other Party and RWE. In case of full or partial rejection of the Goods in pursuance of article 12 the risk and the title are deemed to have never transferred to RWE. RWE is entitled to store the Goods at the expense and risk of the Other Party. All goods and documents made available to the Other Party by RWE within the framework of the Agreement remain the property of RWE. The Other Party shall return the said goods and documents immediately after the completion of the contract, or as much sooners as with reason possible, to RWE. All goods developed and/or manufactured by the Other Party within the framework of the Agreement, including but not limited to drawings, sketches, moulds, dies, prototypes, computer software in the form of source code, object code and/or print-outs and the thereto-pertaining Documentation and other Tools, become, immediately after manufacture, the property of RWE. In case of postponement of delivery of the Goods in accordance with the provisions set forth in article 6.9 the title of the relevant Goods transfers from the Other Party to RWE at the moment that the Goods are identifiably stored as property of RWE at or on behalf of the Other Party. The Other Party guarantees that RWE acquires the unencumbered title of the Goods. The Other Party hereby waives all rights and authorities with regard to the Goods that the Other Party is entitled to pursuant to a right of retention or right to complain.
Transfer of Title and Risk. Notwithstanding anything to the contrary set forth in Incoterms 2020, the transfer of title to and the risk of loss/damage of the Purchased Commodities to the Buyer takes place upon passing over the ship’s rail at the U.S. load port.
