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Title to {the Goods} shall remain vested in {the Seller} and shall not pass to {the Buyer} until the purchase price for {the Goods} has been paid in full and received by {the Seller}. Until title to {the Goods} passes: {the Seller} shall have authority to retake, sell or otherwise deal with and/or dispose of all or any part of {the Goods};
The term "fiscal metering" is often interchanged with custody transfer, and refers to metering that is a point of a commercial transaction such as when a change in ownership takes place. Custody transfer takes place any time fluids are passed from the possession of one party to another. [2]
See Stock tank oil for oil industry stock tank definition. A stock tank is used to provide drinking water for animals such as cattle or horses. Stock tanks can range in size from 100 liters to over 5500 liters (30 to 1500 gallons) and typically are made of galvanized steel. These tanks are filled either by a pump, windpump, creek, spring, rely ...
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The storied industrial stock closed Tuesday nearly 10% higher in price on the back of the news. This was its most significant one-day gain in 2024, and was a sharp contrast to the 0.4% drop of the ...
For example, a person in Miami purchasing equipment from a manufacturer in Chicago could receive a price quote of "$5000 FOB Chicago", which would indicate that the buyer would be responsible for the shipping from Chicago to Miami. If the same seller issued a price quote of "$5000 FOB Miami", then the seller would cover shipping to the buyer's ...
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A private transfer fee covenant [1] is a legal instrument that is filed in the real property records, which imposes an assessment payable in connection with a series of future transfers of title to certain real property.