Cargo Interest definition

Cargo Interest means anyone who would suffer a loss if the Goods were damaged, lost, delayed, or destroyed or who would benefit from the safe arrival of the Goods or, in general, showing an economic interest in the Goods.
Cargo Interest means the owner of the goods or its agent and/or the person(s) named as shipper and/or consignee on the ocean carrier’s bill of lading and/or their respective agent(s).
Cargo Interest means anyone who would suffer a loss if the Goods were damaged, lost, delayed or destroyed or who would benefit from the safe arrival of the Goods.

Examples of Cargo Interest in a sentence

  • Any person making a report by this section, providing information pursuant to an investigation or testifying in a judicial or administrative proceeding as a result of such report shall be immune from any civil liability alleged to have resulted therefrom unless such person acted in bad faith or with malicious intent.E. D.

  • This charge is payable by the Container Operator.2.0 Miscellaneous Matters Definition;1) Customer means Vessel Operator, Container Operator, Beneficial Cargo Interest or any other partyhaving an interest in the Goods.2) Dangerous Goods (DG) means any goods to which the IMDG Code is expressed to apply, whether specifically listed in the IMDG Code or not.

  • In excess of free storage period – charge to Beneficial Cargo Interest; charge of AUD 255.00 per container per calendar day or part thereof.

  • In excess of free storage period – charge to the Beneficial Cargo Interest; charge of AUD 255.00 per container per calendar day or part thereof.

  • Second, because of the infinitary connectives, it may not be the case that every structure is elementarily equivalent to its metric completion.To resolve the first issue, we use the notion of metrically principal types from [CI12].

  • Should the Ocean Carrier and/or Cargo Interest fail to provide such storm protection, and if FIT is so directed by the Port and/or the United States Coast Guard or any other governmental authority, FIT will protect such cargo against storm damage to the best of its ability considering time, conditions, and materials available, completely without liability to FIT, and shall charge the cost of this storm protection on a pro-rata basis to the Ocean Carrier(s)..

  • Brooks and Button, Maritime Container Security: A Cargo Interest Perspective.The unpredictable nature of the terrorist threat has forced a revolution in the national security culture from one of reactionary emergency response to a posture of pre- emptive action.

  • Upon expiration of Free Time, the following Demurrage charges shall be payable by the Cargo Interest for each calendar day or portion thereof the Container remains on the Terminal or Customs hold/care.

  • Brooks and Button, Maritime Container Security: A Cargo Interest Perspective.

  • All charges will be assessed against either the Ocean Carrier and/or its authorized agent or the Cargo Interest and/or its authorized agent.


More Definitions of Cargo Interest

Cargo Interest means the owner of the goods or its agent and/or the person(s)
Cargo Interest means any person with an interest in the timely and safe Delivery of the Goods;

Related to Cargo Interest

  • Class IO Interest An uncertificated interest in the Trust Fund held by the Trustee, evidencing a REMIC Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Asset Interest is defined in Section 2.1(b).

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Class R-II Interest The uncertificated Residual Interest in REMIC II.

  • Class LT-R Interest The residual interest in the Lower-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Lower Tier Interest As described in the Preliminary Statement.

  • Fractional Interest As defined in Section 5.02(d).

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Class R-III Interest The uncertificated Residual Interest in REMIC III.

  • Carried Interest means an equity interest in the Partnership issued to a Person without consideration, in the form of cash or tangible property, in an amount proportionately equivalent to that received from the Participants.

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Residual Interest The sole class of "residual interests" in a REMIC within the meaning of Section 860G(a)(2) of the Code.