Common use of Subject of Contract Clause in Contracts

Subject of Contract. 1.1) According to this contract, the Seller shall sell to the Buyer leather fashion products (hereinafter called the GOODS) as per invoice and price agreed upon the Parties. The Buyer shall accept and pay the Goods a price agreed by the Parties. 1.2) In case of decrease of demand for the products produced by the Seller on the market the Buyer has right to return the products back to the Seller with the same price as it was bought. 1.3) The property right for the Goods as well as risk of loss or damage shall be passed to the Buyer from the date the Buyer accepted the Goods from the Seller.

Appears in 6 contracts

Sources: Sales Contract (Shemn Corp.), Sales Contract (Shemn Corp.), Sales Contract (Shemn Corp.)