Common use of CHANGES IN COST Clause in Contracts

CHANGES IN COST. Any change in insurance premium, destination, or other shipping charges including fluctuations in ocean freight which may be established after the date of the Contract shall be for Buyer’s account and at Buyer’s sole cost and expense. All transportation expense, if included in the price, is as per current tariff at the date of the Contract and any changes thereafter shall be for Buyer’s account and at Buyer’s sole cost and expense, unless otherwise specified. In the case of C.I.F, C.F.R., C.P.T. or C.I.P sales, any import duty, tax, or tariff, or any revenue or other national, federal, state, or municipal tax or taxes now or subsequently imposed in the country of destination and at Buyer’s sole cost and expense, upon the Goods and/or their containers, shall be for Buyer’s account, in accordance with the International Rules for the Interpretation of Trade Terms 2020 (Incoterms) interpretation of C.I.F., C.F.R., C.P.T. and C.I.P sales, unless specifically otherwise stipulated in the Contract.

CHANGES IN COST. Any change in insurance premium, destination, or other shipping charges including fluctuations in ocean freight which may be established after the date of the Contract shall be for Buyer’s account and at Buyer’s sole cost and expense. All transportation expense, if included in the price, is as per current tariff at the date of the Contract and any changes thereafter shall be for Buyer’s account and at Buyer▇▇▇▇▇’s sole cost and expense, unless otherwise specified. In the case of C.I.F, C.F.R., C.P.T. or C.I.P sales, any import duty, tax, or tariff, or any revenue or other national, federal, state, or municipal tax or taxes now or subsequently imposed in the country of destination and at Buyer’s sole cost and expense, upon the Goods and/or their containers, shall be for Buyer’s account, in accordance with the International Rules for the Interpretation of Trade Terms 2020 (Incoterms) interpretation of C.I.F., C.F.R., C.P.T. and C.I.P sales, unless specifically otherwise stipulated in the Contract.