Common use of Purchases of Products Clause in Contracts

Purchases of Products. All purchased Products are shipped FOB Destination. Title to purchased Products shall pass to Customer upon acceptance of the Product, at which time Customer assumes all risk of loss, theft or damage. Within five (5) days of delivery, Customer shall notify Ricoh in writing if any purchased Product is defective or does not conform to the manufacturer’s specifications, in which case Ricoh shall promptly repair or replace the defective or non-conforming purchased Product. Purchased Product shall be deemed accepted by Customer if Customer fails to notify Ricoh of any non-conformity or defect as described above. Customer’s obligation to accept and pay for purchased Product is not contingent on Ricoh’s provision of Services.

Appears in 1 contract

Sources: Enterprise Services Master Agreement

Purchases of Products. All purchased Products are shipped FOB Destination. Title to purchased Products shall pass to Customer upon acceptance of the Product, at which time Customer assumes all risk of loss, theft or damage. Within five (5) days of delivery, Customer shall notify Ricoh in writing if any purchased Product is defective or does not conform to the manufacturer’s specifications, in which case Ricoh shall promptly repair or replace the defective or non-non- conforming purchased Product. Purchased Product shall be deemed accepted by Customer if Customer fails to notify Ricoh of any non-conformity or defect as described above. Customer’s obligation to accept and pay for purchased Product is not contingent on Ricoh’s provision of Services.

Appears in 1 contract

Sources: Participating Addendum