Common use of Risk and Ownership Clause in Contracts

Risk and Ownership. 28.1. Risk in the Goods passes to the Purchaser at the time of delivery, except that risk in any excess Goods referred to in clause 26 (Acceptance and Rejection) remains with the Supplier unless they are accepted by the Purchaser. 28.2. Risk in any Goods rejected or returned in accordance with clauses 26 (Acceptance and Rejection) or 27 (Return and Refund) is with the Supplier. 28.3. Ownership in the Goods passes to the Purchaser at the time of delivery.

Risk and Ownership. 28.1. Risk in the Goods passes to the Purchaser at the time of delivery, except that risk in any excess Goods referred to in clause 26 73 (Acceptance and Rejection) remains with the Supplier unless they are accepted by the Purchaser. 28.2. Risk in any Goods rejected or returned in accordance with clauses 26 73 (Acceptance and Rejection) or 27 74 (Return and Refund) is with the Supplier. 28.3. Ownership in the Goods passes to the Purchaser at the time of delivery.