Common use of Passing of Risk Clause in Contracts

Passing of Risk. Benefit and risk shall pass to the Purchaser when the Seller communicates to the Purchaser that the goods are at the disposal of the Purchaser. The foregoing shall also apply in the event that the delivery is carried out free of charge or that transport is organised by the Seller. In any case, benefit and risk shall pass to the Purchaser no later than when the goods are handed over to the first carrier.

Appears in 2 contracts

Sources: General Terms and Conditions of Sale, General Terms and Conditions of Sale

Passing of Risk. 5.1. Benefit and risk shall pass to the Purchaser when the Seller communicates to the Purchaser that the goods are at the disposal of the Purchaser. The foregoing shall also apply in the event that the delivery is carried out free of charge or that if transport is organised by the Seller. In any case, benefit and risk shall pass to the Purchaser no later than when the goods are handed over to the first carrier.

Appears in 1 contract

Sources: General Terms and Conditions of Sale

Passing of Risk. Benefit and risk shall pass to the Purchaser when the Seller communicates to the Purchaser purchaser that the goods are at the disposal of the Purchaser. The foregoing shall also apply in the event that the delivery is carried out free of charge or that transport is organised by the Seller. In any case, benefit and risk shall pass to the Purchaser no later than when the goods are handed over to the first carrier.

Appears in 1 contract

Sources: General Terms and Conditions of Sale

Passing of Risk. β€Œ 6.1. Benefit and risk of the goods shall pass to the Purchaser when the Seller communicates to the Purchaser that the goods are at the disposal of the Purchaser. The foregoing shall also apply in the event that the delivery is carried out free of charge or that if transport is organised by the Seller. In any caseSubject to Section 5.1 above, benefit and risk of the goods shall pass to the Purchaser no later than when the goods are handed over to the first carrier.

Appears in 1 contract

Sources: General Terms and Conditions of Sale

Passing of Risk. 5.1 Benefit and risk shall pass to the Purchaser when the Seller communicates to the Purchaser that the goods are at the disposal of the Purchaser. The foregoing shall also apply in the event that the delivery is carried out free of charge or that if transport is organised organized by the Seller. In any case, benefit and risk shall pass to the Purchaser no later than when the goods are handed over to the first carrier.

Appears in 1 contract

Sources: General Terms and Conditions