Traditional 3PL Operating Guidelines and Title Model Operating Guidelines Sample Clauses

The 'Traditional 3PL Operating Guidelines and Title Model Operating Guidelines' clause defines the operational procedures and standards that a third-party logistics (3PL) provider must follow, as well as the rules governing the transfer of title to goods during logistics operations. In practice, this clause outlines the responsibilities of the 3PL in handling, storing, and transporting goods, and specifies at what point ownership of the goods passes from the seller to the buyer or remains with the seller. By establishing clear guidelines and title transfer points, this clause ensures operational consistency, reduces disputes over ownership, and clarifies risk allocation throughout the logistics process.
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Traditional 3PL Operating Guidelines and Title Model Operating Guidelines. The OPG and TMOPG may be amended from time to time upon the mutual written agreement of the Parties; provided, however, that any change, modification or amendment to the OPG and/or TMOPG may result in an increase in the Fees (as defined in Article 5).
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Related to Traditional 3PL Operating Guidelines and Title Model Operating Guidelines

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