Common use of Risk of Loss; Title Clause in Contracts

Risk of Loss; Title. Risk of loss for sold Equipment and licensed Software and Independent Software transfers to Customer upon Delivery. Title to Equipment passes to Customer upon Delivery. Title to Software and Independent Software does not pass to Customer. Software and Independent Software are only licensed to Customer and not sold. Unless otherwise agreed, Supplier will choose the common carrier. Customer must notify Dell within twenty-one days of the invoice date if Customer believes any part of its Order is missing, wrong, or damaged.

Appears in 2 contracts

Sources: Commercial Terms of Sale, Commercial Terms of Sale

Risk of Loss; Title. Risk of loss for sold Equipment and licensed Software and Independent Software transfers to Customer upon Delivery. Title to Equipment passes to Customer upon Delivery. Title to Software and Independent Software does not pass to Customer. Software and Independent Software are only licensed to Customer and not sold. Unless otherwise agreed, Supplier will choose the common carrier. Customer must notify Dell within twenty-one days of the invoice date if Customer believes any part of Product or Software included in its Order is missing, wrong, or damaged.

Appears in 1 contract

Sources: Agreement