Common use of Passing of Property Clause in Contracts

Passing of Property. Title to and risk in the Goods will pass to us on delivery to us at the place specified in the Purchase Order or as otherwise specified in accordance with the Incoterm listed on the Purchase Order, without prejudice to any right to inspect, test and reject Goods which may accrue to us under these Terms. Upon delivery, we will have good title to the Goods, free and clear of all interests including any security interests or retention of title rights.