SMGS definition
Examples of SMGS in a sentence
Buyer is responsible for the transfer of empty rail transport in accordance with Seller’s instructions advised pursuant to the Agreement on International Goods Transport by Rail (SMGS).
In the event of a wrong or incorrect usage of Seller’s SMGS instructions, Buyer shall pay Seller liquidated damages at the rate of USD 500 (five hundred United States Dollars) per rail transport per day.
IF ANY CLAIM IS BROUGHT AGAINST AN INDEMNIFIED PARTY, PROVIDER SHALL, UPON WRITTEN NOTICE FROM SMG, DEFEND EACH INDEMNIFIED PARTY WITH COUNSEL SATISFACTORY TO SMG AND OWNER, OR, AT SMGS OPTION, PAY FOR AN ATTORNEY SELECTED BY SMG AND OWNER TO DEFEND THE INDEMNIFIED PARTY.
In accordance with rules, acting on the territory of the Parties, SMGS railway bill should be submitted to the Customs office of destination.
Buyer is responsible for the transfer of empty rail tank cars in accordance with Seller’s instructions advised pursuant to the Agreement on International Goods Transport by Rail (SMGS).
The objective of this Technical Annex is to establish the TRACECA international customs transit procedure for the carriage of goods undertaken by railway transport, with usage of SMGS Railway bill.
In the event of a wrong or incorrect usage of Seller’s SMGS instructions, Buyer shall pay Seller liquidated damages at the rate of USD ▇▇▇ (▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Dollars) per rail tank car per day.
Each Party recognizes the SMGS Railway bill, used in accordance with the provisions of this Technical Annex, as a customs transit document.
In the event of a wrong or incorrect usage of Seller’s SMGS instructions, Buyer shall pay Seller liquidated damages at the rate of USD ▇▇▇ (▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Dollars) per rail transport per day.
The Convention shall be open for signature by Member States of the United Nations, which are Contracting Parties to the Agreement on International Goods Transport by Rail of 1 November 1951 (SMGS Agreement).