Reservation of Title. Siemens shall retain title to all of its deliverables until such time as it has received the agreed payments in full. Upon ac- ceptance of the deliverable, the Purchaser authorises Siemens to register its reservation of title. For the period of reservation of title, the Purchaser shall maintain the delivered items at its own expense and insure them on behalf of Siemens against theft, breakage, fire, water damage, and other risks.
Appears in 5 contracts
Sources: General Terms and Conditions, General Terms and Conditions, General Terms and Conditions
Reservation of Title. 5.1 Siemens shall retain title to all of its deliverables until such time as it has received the agreed payments in full. Upon ac- ceptance acceptance of the deliverable, the Purchaser Customer authorises Siemens to register its reservation of title. For the period of reservation of title, the Purchaser Customer shall maintain the delivered items at its own expense and insure them on behalf of Siemens against theft, breakage, fire, water damage, and other risks.
Appears in 4 contracts
Sources: General Delivery Conditions, General Delivery Conditions, General Delivery Conditions
Reservation of Title. Siemens shall retain title to all of its deliverables until such time as it has received the agreed payments in full. Upon ac- ceptance acceptance of the deliverablede- liverable, the Purchaser authorises Siemens to register its reservation of title. For the period of reservation of title, the Purchaser shall maintain main- tain the delivered items at its own expense and insure them on behalf of Siemens against theft, breakage, fire, water damage, and other risks.
Appears in 4 contracts
Sources: General Provisions and Software License Agreement, General Provisions and Software License Agreement, General Provisions and Software License Agreement