SECTRAN definition
Examples of SECTRAN in a sentence
The fee payable by CUSTOMER to SECTRAN is based upon the agreed upon liability limit(s) and level(s) of service provided by SECTRAN as stated in this Agreement.
CUSTOMER agrees that it will not conceal or misrepresent any material fact or circumstances concerning the property delivered to SECTRAN pursuant to this Agreement.
CUSTOMER agrees to notify SECTRAN of dispute(s) arising from any invoice within thirty (30) days after such invoice has been presented to CUSTOMER, or else such claim shall be deemed waived.
SECTRAN reserves the right in times of global economic downturn or due to changes in regulatory obligations to renegotiate rates and fees in good faith with customer.
If SECTRAN accepts sealed container(s), SECTRAN will give CUSTOMER a receipt for said sealed container(s), transport and deliver such sealed container(s) to the consignee designated by the CUSTOMER.
CUSTOMER further agrees that undisputed portions of any invoice shall be remitted to SECTRAN in accordance with normal payment terms.
SECTRAN agrees to assume the liability for any loss, according to the terms of this Agreement of the securely sealed container(s) from the time SECTRAN signs for and receives physical custody of the sealed container(s).
CUSTOMER and SECTRAN agree to equally share in the cost and fees of this resolution process.
If CUSTOMER conceals or misrepresents any material fact or circumstance concerning the property or container, or the contents thereof, SECTRAN will have no liability for any loss in any way related to such fact or circumstance.
To account for future movements in the price of diesel fuel, up and down, SECTRAN will henceforth adjust the monthly fuel fee based on average California diesel prices as measured and published by the Department of Energy (▇▇▇.▇▇▇.▇▇▇.▇▇▇).