PREPAID FREIGHT Sample Clauses
The PREPAID FREIGHT clause establishes that the cost of transporting goods is paid in advance by the shipper, rather than upon delivery or arrival. In practice, this means the shipper settles the freight charges with the carrier before the cargo is loaded or shipped, regardless of whether the goods ultimately reach their destination. This clause ensures that the carrier receives payment upfront, reducing the risk of non-payment and simplifying the financial arrangements between parties involved in the shipment.
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PREPAID FREIGHT. 1. When freight monies and charges are prepaid, such payment shall be made not later than the time of release of any original Ocean Bill of Lading by the carrier to the shipper or his duly authorized licensed Freight Forwarder or Agent acting in his behalf.
2. When freight and charges are billed prepaid they shall be paid in U.S. dollars.
PREPAID FREIGHT. 1. Unless otherwise agreed in an NRA, when freight monies and charges are prepaid, such payment shall be made not later than the time of release of any original Ocean Bill of Lading by the carrier to the shipper or his duly authorized licensed Freight Forwarder or Agent acting in his behalf.
2. When freight and charges are billed prepaid they shall be paid in U.S. dollars.
PREPAID FREIGHT. Shipments qualifying for prepaid freight charges will only be made to common carrier points within Canada. Grundfos reserves the right on freight-prepaid shipments to determine the method of transportation and shipment routing. If the Buyer requires special routing, Air Shipment or other method of transportation, the Buyer shall pay for additional expenses incurred above the normal Grundfos shipping practice.