Cargo Damage Clause Samples

The Cargo Damage clause defines the responsibilities and liabilities of parties involved in the transport of goods regarding any loss or damage to the cargo. Typically, it outlines which party is accountable for damage occurring during loading, transit, or unloading, and may specify procedures for reporting and documenting such incidents. This clause serves to allocate risk between the shipper, carrier, and receiver, ensuring clarity on compensation and claims processes in the event of cargo damage.
Cargo Damage. The employee owner-driver shall be responsible for all claims of cargo damage up to one thousand five hundred ($1,500.00) dollars per annum based on a contract year. The amount for new hires will be prorated based upon date of hire. The Employer hereby agrees to pay for all claims of cargo damage over one thousand five hundred ($1,500.00) dollars per annum.
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Cargo Damage. The owner-operator will be responsible for all cargo damage claims subject to the conditions listed below: (a) Non-hidden damages shall not be deducted from an own- er-operator’s check if the delivery receipt has been signed by the dealer representative showing no exceptions. (b) Hidden damages may be deducted only if the dealer reports such damage to the Company within seventy-two (72) hours, and the driver is given a detailed written notice of the specific damage claimed within four (4) days of delivery. (c) In the event of a dispute regarding whether the damage is the driver’s responsibility or a dispute regarding the amount charged for the damage, the Company shall not deduct any funds from the owner-operator until the issue has been adjudicated through the grievance procedure. (d) All claims of cargo damage, vandalism, theft or other losses over five hundred ($500.00) dollars shall be covered by the Compa- ny insurance.
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Cargo Damage. Passengers means a traveller on a public or private Vessel other than the driver, pilot, or crew. Permitted Use means: (a) the embarking and disembarking of passengers; (b) the transit, receipt, delivery, loading, unloading, storage and stevedoring of Cargo; (c) provedoring and bunkering; (d) ship repair and maintenance; and (e) crew change, as notified by PV to the Shipping Agent and/or Owner in the Booking Confirmation. Personnel means any agent, representative, officer, employee, contractor or subcontractor. PMA means the Port Management Act 1995 (Vic) as amended from time to time.
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Cargo Damage. The Lessor is not liable for any cargo damage (as this is not included in the cover agreement) or breakdown to the Trailer, or parts thereof, nor any damage or breakdown to a food freezing unit or parts thereof.
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Cargo Damage. NYPE Inter-Club Agreement. Liability for cargo claims as between Owners and Charterers shall be apportioned as specified in the Inter-Club New York produce Exchange Agreement 1996 and subsequent amendments if any (the “Inter-Club Agreement”).
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Cargo Damage. Agent shall be liable to AWS for loss and damage to cargo while in the care and custody of Agent or Agent's nominated terminal, trucker, carrier or subagent and for loss or damage to any shipments under AWS bills of lading. Agent shall maintain sufficient insurance to cover these liabilities. Agent shall not be liable for any damage or loss to cargoes if such damage or loss is caused by acts of God, war, civil commotion, strikes, riots or sovereign orders from local or national governments.
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Related to Cargo Damage

  • Minor Damage In the event that a Property is damaged or destroyed by fire or other casualty prior to the Closing, and the cost of Repairs is equal to or less than ten percent (10%) of the Purchase Price for such Property, then this transaction shall be closed in accordance with Section 11.3, notwithstanding such casualty. In such event, applicable Seller may at its election endeavor to make such Repairs to the extent of any recovery from insurance carried on the Property, if such Repairs can be reasonably effected before the Closing. Regardless of applicable Seller’s election to commence such Repairs, or applicable Seller’s ability to complete such Repairs prior to Closing, this transaction shall be closed in accordance with Section 11.3 below.

  • No Damage Any loss, damage or destruction, whether covered by insurance or not, affecting Company's business or properties;

  • Major Damage In the event of Major Damage to a Property prior to the Closing Date, then the applicable Seller shall have no obligation to repair such Major Damage and shall notify Purchaser in writing of such damage or destruction (the “Damage Notice”). Within ten (10) days after Purchaser’s receipt of the Damage Notice, Purchaser may elect at its option to give a Termination Notice for the damaged Property to Seller’s Representative. If Purchaser does not elect to terminate this Agreement with respect to the damaged Property, this transaction shall be closed in accordance with the terms of this Agreement either, at the election of the applicable Seller, (a) for the full Purchase Price for the damaged Property notwithstanding any such damage or destruction, and Purchaser shall, at Closing, execute and deliver an assignment and assumption (in a form reasonably required by the applicable Seller) of such Seller’ rights and obligations with respect to the insurance claim and related to such casualty, and thereafter Purchaser shall receive all remaining insurance proceeds pertaining to such claim (plus a credit against the applicable Purchase Price at Closing in the amount of any deductible payable by the applicable Seller in connection therewith and not spent by such Seller for demolition, site cleaning, restoration or other repairs); or (b) Purchaser shall receive a credit against the Base Purchase Price for the damaged Property for the full replacement costs of repair to the subject Property, plus, to the extent covered by such Seller’s insurance policy, any costs required pursuant to local code or zoning requirements, as determined by an independent third party reasonably acceptable to such Seller and Purchaser. In the event a Seller elects to assign such Seller's rights and obligations with respect to the insurance claim and related casualty to Purchaser as provided above, and if an AIMCO employee is the adjuster for the claim related thereto, Sellers covenant and agree that the adjuster shall act in accordance with standard insurance industry protocols in processing such claim (including, without limitation, the time taken to process such claim).

  • Loss or Damage The District and its agents and authorized representatives shall not in any way or manner be answerable or suffer loss, damage, expense, or liability for any loss or damage that may happen to the Work, or any part thereof, or in or about the same during its construction and before acceptance, and the Contractor shall assume all liabilities of every kind or nature arising from the Work, either by accident, negligence, theft, vandalism, or any cause whatsoever; and shall hold the District and its agents and authorized representatives harmless from all liability of every kind and nature arising from accident, negligence, or any cause whatsoever.

  • Partial Damage In the event all or a portion of the Premises is partially damaged by fire, explosion, the elements, a public enemy, Act of God, or other casualty, but not rendered untenable, Company will give Authority immediate notice thereof, and Authority will make the repairs immediately, at its own cost and expense.