Common use of PASSING OF TITLE Clause in Contracts

PASSING OF TITLE. (A) Upon the Auctioneer's call of "SOLD", title of the offered lot will pass to the highest bidder acknowledged by the Auctioneer, subject to the conditions set forth here, and such bidder or Buyer thereupon: (a) assumes full risk and responsibility therefor and neither the Seller no ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇ or its agents shall be responsible for the loss of, or any damage to any article due to the theft, fire, breakage or any cause whatsoever, however occasioned, (b) will sign a confirmation of purchase thereof, and

Appears in 6 contracts

Sources: Bidder Agreement, Bidder Agreement, Bidder Agreement

PASSING OF TITLE. (A) Upon the fall of the Auctioneer's call of "SOLD"’s hammer, title of the offered lot Lot will pass to the highest bidder Bidder acknowledged by the Auctioneer, subject to the conditions set forth hereherein, and at such bidder or Buyer thereupontime Buyer: (ai) assumes full risk and responsibility therefor for the Lot and neither the Seller no ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇ or BJAC nor its agents shall be responsible for the loss of, or any damage to to, any article or Lot due to the theft, fire, breakage or any other cause whatsoever, however occasioned, (b) will sign a confirmation of purchase thereof, and;

Appears in 3 contracts

Sources: Bidder Agreement, Bidder Agreement, Bidder Agreement

PASSING OF TITLE. (A) Upon the Auctioneer's call of "SOLD", title of the offered lot will pass to the highest bidder acknowledged by the Auctioneer, subject to the conditions set forth here, and such bidder or Buyer thereupon: (a) assumes full risk and responsibility therefor and neither the Seller no ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇ or its agents shall be responsible for the loss of, or any damage to any article due to the theft, fire, breakage or any cause whatsoever, however occasioned, (b) will sign a confirmation of purchase thereof, and,

Appears in 2 contracts

Sources: Bidder Agreement, Bidder Agreement