Transfer of Risk and Title. Upon the signature by the Buyer of the “Certificate of Acceptance”, the Buyer shall provide a copy of a valid insurance policy to the Seller, or reasonable proof of the insurance coverage and all risks will be transferred simultaneously to the Buyer. Promptly after effective receipt by the Seller of the balance payment as per Article 3.2, the Seller shall present to Buyer a duly executed ▇▇▇▇ of Sale and title shall thereupon transfer to the Buyer.
Appears in 3 contracts
Sources: Sale Purchase Agreement, Sale Purchase Agreement (Integra Leasing As), Sale Purchase Agreement (Integra Leasing As)