FOB Delivery. SELLER will cause the EQUIPMENT to be prepared for shipment at SELLER'S expense using standard packing materials and shall deliver the EQUIPMENT to BUYER’s loading dock or other location as specified in the PO. Unless otherwise provided in the PO, SELLER shall sell and deliver to BUYER, the EQUIPMENT specified on the PO, FOB Destination, and SELLER shall bear all risk of damage or loss from fire, the elements or otherwise, until such times the EQUIPMENT has been delivered to the BUYER at the Ship TO location as specified in the PO. Unless otherwise provided in the PO, all shipping costs shall be borne and promptly paid by BUYER, Freight Collect, utilizing BUYER’s Freight Account. If Terms as defined in Paragraph 5 are stated on the PO as COD, all shipping, and insurance costs shall be borne and promptly paid by SELLER.
Appears in 2 contracts
Sources: Purchase Order, Purchase Order