Common use of Customer’s Property Clause in Contracts

Customer’s Property. All property supplied to the Company by or on behalf of the Customer which is held by the Company for the purposes of the Contract or in transit to or from the Customer, shall be deemed to be entirely at the Customer’s risk and the Company shall not be liable for any loss of or damage to such property whilst in possession of the Company or in transit as afore said unless such loss or damage is due directly to the negligence of the Company, its employees or agents. In no circumstances whatsoever will the Company be liable for any consequential loss or damage arising there from. The Customer shall insure all such property for all risks.

Appears in 2 contracts

Sources: Terms and Conditions of Sale, Terms of Sale

Customer’s Property. All property supplied to the Company by or on behalf of the Customer which is held by the Company for the purposes of the Contract or in transit to or from the Customer, shall be deemed to be entirely at the Customer’s risk and the Company shall not be liable for any loss of or damage to such property whilst in the possession of the Company or in transit as afore said aforesaid unless such loss or damage is due directly to the negligence of the Company, its employees servants or agents. In no circumstances whatsoever will the Company be liable for any consequential loss or damage arising there fromtherefrom. The Customer shall insure all such property for all risks.

Appears in 1 contract

Sources: Supply Agreement