FOB Delivery. Seller shall deliver Product (a) FOB in Buyer's Vessel at the designated load port or (b) FOB into Buyer's railcars or trucks at the designated loading facility as specified in the applicable Confirmation. Delivery shall be deemed complete and title and risk of loss shall pass from Seller to Buyer as Product enters Buyer's transportation equipment at the point and time of loading. Any loss or damage to Product during loading, if caused by the Vessel or her officers or crew, shall be for the account of Buyer. Any loss or damage to any property of Seller, Seller's Supplier or Terminal Operator, or any oil pollution caused by the Vessel or her officers or crew, shall be allocated according to fault or according to liability as imposed by Regulation.
Appears in 2 contracts
Sources: Sulfur Purchase/Sale Agreement, Sulfur Purchase/Sale Agreement
FOB Delivery. Seller shall deliver Product (a) FOB in Buyer's ’s Vessel at the designated load port or (b) FOB into Buyer's railcars or trucks at the designated loading facility as specified in the applicable Confirmation. Delivery shall be deemed complete and title and risk of loss shall pass from Seller to Buyer as Product enters Buyer's transportation equipment at the point and time of loading. Any loss or damage to Product during loading, if caused by the Vessel or her officers or crew, shall be for the account of Buyer. Any loss or damage to any property of Seller, Seller's Supplier or Terminal Operator, or any oil pollution caused by the Vessel or her officers or crew, shall be allocated according to fault or according to liability as imposed by Regulation.
Appears in 1 contract