Common use of Bailed Property Clause in Contracts

Bailed Property. Unless otherwise specified, Seller bears all responsibility for loss and damage to articles owned by ▇▇▇▇▇ and possessed by Seller for use in performing this purchase order, including responsibility for loss and damage which occur despite Seller's exercise of reasonable care, but excluding normal wear and tear. Seller shall (a) properly house and maintain such articles on Seller's premises, (b) clearly mark the item as the property of HydraForce, Inc., and (c) refrain from commingling such articles with the property of Seller or with that of a third party. Buyer shall have the right to enter Seller's premises at reasonable times to inspect such articles and ▇▇▇▇▇▇'s records pertaining thereto. Upon request, Seller immediately shall deliver such articles to a carrier selected by ▇▇▇▇▇, F.O.

Bailed Property. Unless otherwise specified, Seller bears all responsibility for loss and damage to articles owned by ▇▇▇▇▇ Buyer and possessed by Seller for use in performing this purchase order, including responsibility for loss and damage which occur despite Seller's exercise of reasonable care, but excluding normal wear and tear. Seller shall (a) properly house and maintain such articles on Seller's premises, (b) clearly mark ▇▇▇▇ the item as the property of HydraForce, Inc., and (c) refrain from commingling such articles with the property of Seller or with that of a third party. Buyer shall have the right to enter Seller's premises at reasonable times to inspect such articles and ▇▇▇▇▇▇Seller's records pertaining thereto. Upon request, Seller immediately shall deliver such articles to a carrier selected by ▇▇▇▇▇Buyer, F.O.