Common use of RETENTION OF TITLE CLAUSE Clause in Contracts

RETENTION OF TITLE CLAUSE. BERINGER retains title to the whole property of the Products which are the object of the agreement up to the complete payment of the price and accessories. The default of payment on any due date may entail a claim for the return of ▇▇▇▇▇▇▇▇’▇ Products. Nevertheless, as mentioned above, the Purchaser assumes the responsibility of the damages which could be caused by these Products or which could affect these Products. This right concerns the Products and their parts as well as their prices if they are already resold, transformed, incorporated or consumed.