5.Delivery and Title

• In these Terms and Conditions, the terms "Deliver" and "Delivery" include the use of any agreed-upon method of the transfer of possession and risk of loss from Seller to Purchaser, including, but not limited to, making the Containers available to Purchaser at a designated location. Seller hereby warrants that, at Delivery, Purchaser shall receive title to the Containers free and clear of Encumbrances, except those arising through or under Purchaser; provided, however, that title to the Containers, including risk of casualty loss and the right to possession of the Containers, shall remain with Seller until Seller has received the full Purchase Price and Purchaser has accepted the Containers.
• Pending receipt by Seller of the full Purchase Price from Purchaser, Purchaser may not pledge or otherwise Encumber the Containers in favour of any third party.
• Pending receipt by Seller of the full Purchase Price from Purchaser, if Purchaser has not adhered to Seller’s request for those Containers to be returned to Seller within a reasonable time, Purchaser hereby authorizes Seller to enter into any of Purchaser’s business premises and warehouses unhindered, and to collect those Containers.
• As security, Purchaser hereby undertakes to assign to Seller any claims it may have against third parties which arise from the resale of any Containers in which Seller retains title under this clause. Any claim assigned under this clause shall be made in in whole or in part to the extent of any co-ownership share that Seller may have in the Containers concerned.