CFR Terms Sample Clauses

CFR Terms. These terms apply in circumstances where the Goods is sold on CFR Terms as defined in accordance with INCOTERMS. 8.3.2.1. Goods shall be shipped on vessels nominated by NEXUS. vessels shall be loaded by NEXUS and / or its nominated contractors. 8.3.2.2. The Goods shall be deemed to be delivered and risk in and to the Goods shall pass to the Buyer on the Goods passing the ship's rail. The Buyer is responsible for arranging for all inspections and obtaining all permits necessary for the import into the country of destination, including any inspections required to be undertaken or any permits required to be obtained at the port of loading and shall ensure that such inspections and / or permits are carried out or obtained so as not to delay loading of the vessel. 8.3.2.3. The Buyer shall be required to nominate the discharge port and the Buyer warrants that the discharge port is safe for the vessel to enter and lie alongside always afloat (one safe port, one safe berth, always alongside always afloat). 8.3.2.4. For avoidance of doubt, it is recorded that it is the Buyer's obligation to arrange for a suitable berth for the vessel and to discharge the vessel. The Buyer shall be responsible for all costs in relation to the discharge, including but not limited to the costs of stevedores, wharfage, berth dues, tally costs and draft surveys. 8.3.2.5. NEXUS does not guarantee that the vessel will arrive at the discharge port at any particular time. NEXUS shall provide the Buyer with 15, 10, 7, 5, 3, 2 days and 24 hours notice of the vessel's ETA at the discharge port. 8.3.2.6. Vessels must be discharged within the Laytime. The Laytime shall be calculated with reference to the discharge rate agreed in the Contract. Laytime shall commence 12 hours after notice of readiness is tendered by the vessel. Notice of readiness may be tendered anytime day or night, Sundays and holidays included (excluding Super Holidays) upon the vessel's arrival at the port of discharge, whether in free pratique or not (WIFPON) and whether in customs clearance or not (WICCON). Any time lost due to the following events shall not be counted as Laytime: 8.3.2.7. Force Majeure as provided for in clause 13.7; 8.3.2.8. Inclement weather which would ordinarily prevent the discharge of the Goods. 8.3.2.9. Laytime shall cease on the completion of discharge of the vessel once the stevedores equipment and personnel have disembarked.