Common use of PASSING OF RISK AND TITLE Clause in Contracts

PASSING OF RISK AND TITLE. The passing of risk and title takes place at Delivery. The passing of risk and title shall take place: 1) when the SAT has been passed in accordance with the test management plan and the acceptance test procedures, and the SATC has been signed by both Parties 2) when all the associated documentation pertaining to the Deliverables have been delivered, including training material, NATO codification numbers, etc.