Institute Cargo Clauses definition

Institute Cargo Clauses or "ICC" shall mean the most recent set of terms for cargo insurance policies voluntarily adopted as standard terms by many international marine insurance organizations, including the Institute of London Underwriters and the American Institute of Marine Underwriters.
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Institute Cargo Clauses or "ICC" shall mean the most recent set of terms for cargo insurance policies voluntarily adopted as standard terms by many international marine insurance organizations,
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Examples of Institute Cargo Clauses in a sentence

  • Unless otherwise agreed in writing by Crown Agents, the insurance shall be for 110 per cent of the Contract Price and in accordance with the cover provided by Clauses (A) or (B) of the Institute Cargo Clauses (LMA/IUA) and/or in accordance with cover complying with the Institute War Clauses and/or Institute Strikes Clauses (LMA/IUA).

  • Unless otherwise agreed in writing by Crown Agents, the insurance shall be for 110 per cent of the Contract Price and in accordance with Clauses (A) or (B) of the Institute Cargo Clauses (LMA/IUA) and/or cover complying with the Institute War Clauses and/or Institute Strikes Clauses (LMA/IUA).

  • The insurance shall cover All Risks as per current Institute Cargo Clauses All Risks, Institute War Clauses and Institute Strike, Riots and Civil Commotions clauses.

  • Such insurance shall be in accordance with the provisions of a marine cargo policy subject to Institute Cargo Clauses (A).

  • Insurance is to be effected by Seller and at Seller’s cost only in the case of a CIF or a CIP contract and shall be effected at 110% of the invoice amount and on the basis of the Institute Cargo Clauses (A) including SRCC (strike, riots and civil commotion) and War (except where the goods are delivered by inland transit in which case War shall not be included).

  • Such insurance shall cover 110% of the Provisional Invoice amount, subject to adjustment to 110% of Final Invoice amount and shall insure against all risks (as that term is generally understood in the industry), including wars, S.R.&C.C. (strikes, riot, civil commotion clause), spontaneous combustion, fire, and malicious damage, including Institute Cargo Clauses (A), Institute War Clauses (Cargo), Institute Strike Clauses (Cargo) to the extent commercially available.

  • Institute Cargo Clauses “A” Institute War Strikes Riots and Civil Commotion Clauses Institute RACE Clause JC 056 30 Days Cancellation Clause (48 hours in respect of War).

  • Unless otherwise agreed in writing by Crown Agents, the insurance shall be for 110 per cent of the Contract Price and in accordance with the cover provided by Clauses (A) or (B) of the Institute Cargo Clauses (LMA/IUA) and/or cover complying with the Institute War Clauses and/or Institute Strikes Clauses (LMA/IUA).

  • The delivery items shall be insured for 110% of the invoice value against all risks, i.e. Institute Cargo Clauses (A).

  • London Institute Cargo Clauses (A) including Institute War and Strikes Clauses or their equivalent.