Full Load Clause Samples

The 'Full Load' clause defines the point at which responsibility for goods transfers from the seller to the buyer, typically when the goods are fully loaded onto a specified mode of transport. In practice, this means the seller must ensure all items are properly loaded and secured before the buyer assumes risk and liability for loss or damage. This clause is essential for clarifying the exact moment of risk transfer, thereby preventing disputes over responsibility during the shipping process.
Full Load. A full load consists of a sufficient number of courses or other assignments worked during the academic year (as defined in Article 16.1) to total a combined load factor of 2.0. (A 2.0 load factor is equivalent to 2.0 FTEF.) It is agreed and understood that faculty members who carry a full load each semester that results in a fraction of .995 up to a 1.005, shall be credited with 1.0 load.