Cargo Insurance. Carrier shall maintain cargo insurance in an amount equal to the full value of the maximum quantity of goods expected to be transported at any one time under this Contract, but in no event in any amount less than $50,000.00 per shipment to compensate Broker, Xxxxxx's customer, or the beneficial owner of the freight for any and all loss, damage or delay to property which was placed in the possession or control of Carrier in connection with services provided by Carrier hereunder. Xxxxxxx's cargo insurance must provide "all risks" and "broad form" coverage and meet all requirements for such coverage as required by Broker or Broker's customer contingent cargo insurance carrier. In addition, except for the amount indicated above, the cargo insurance shall also be in the form required by 49 C.F.R. § 1043 and shall have no exclusions or restrictions that would not be accepted by the regulatory body for a filing under the statutory requirements of that section. Carrier shall cause its insurance carrier to immediately forward to Broker a standard Certificate of Insurance requiring the insurance carrier to give Broker written notice thirty (30) days prior to the cancellation of the cargo insurance.
Cargo Insurance. Owner Operators who obtain coverage through the Company’s cargo insurance will be assessed a monthly charge of ten dollars ($10.00).
Cargo Insurance. ABX shall cause to be obtained and maintained cargo insurance in the amount of not less than $10,000,000 per occurrence, and will be liable for loss, damage, delay or destruction of goods arising out of or in any manner connected with (i) the negligence or willful misconduct of ABX, or any entities controlled by or under common control with ABX or any of their subcontractors, officers, directors, agents, servants or employees in connection with the provision of Services hereunder, or (ii) its care, custody, or control of such goods, in each case in an amount equal to the contractual requirements DHL has assumed under contract with each of its customers which may be in excess of its standard trading terms; provided, however, that ABX shall not be liable to any party under this Section for any loss, damage or destruction of goods in excess of the limits of the cargo insurance ABX is required to maintain under this Section.
Cargo Insurance. Should any of the Work be shipped to the Facility Site by ocean going vessels or aircraft, Client shall procure or may request the Contractor procure cargo insurance insuring the Client and endorsing the Financing Parties, Financing Parties’ agents, Contractor, Subcontractors and suppliers of every tier, and Contractor Indemnified Parties, as Additional Insureds as their interests may appear, on a “warehouse to warehouse” basis including land, air and marine transit insuring “all risks” of loss or damage on a replacement cost basis plus freight and insurance from the time the goods are in the process of being loaded for transit until they are finally delivered to the Facility Site including shipment deviation, delay, forced discharge, re-shipment and transshipment. Such insurance shall (i) include coverage for war, strikes, theft, pilferage, non-delivery, charges of general average sacrifice or contribution, salvage expenses, temporary storage in route, consolidation, repackaging, refused and returned shipments, debris removal, (ii) contain a replacement by air extension clause, a 50/50 clause, a difference in conditions for C.I.F. shipments, an errors and omissions clause, an import duty clause, and a non vitiation clause, (iii) contain no exclusion for inadequate packing, and (iv) insure for the replacement value of the largest single shipment plus freight and insurance.
Cargo Insurance. Octel shall effect in the joint names of Octel and Ethyl, and at all times maintain during the term of this Agreement on mutually agreed terms and conditions, Bulk and Non-Bulk Cargo Insurance to cover shipments of Product to customers in the Territory pursuant to this Agreement. Non-Bulk insurance shall be placed on a CIF plus 10% plus value of containers basis. Bulk insurance shall be placed on a FOB value plus10%, plus value of containers where applicable. Any deductible under such policies shall be borne by the Parties in the proportions set forth in Section II, Part 1 of Schedules A and B to the Service Agreement (irrespective of the cause or reason that the Losses may have arisen and the fault of either Party in relation thereto).
Cargo Insurance. This contract adopts the second insurance method of below;
Cargo Insurance. Borrower shall procure insurance with a total limit of $100,000,000 to cover all lawful goods and/or merchandise that the Borrower has responsibility over but consisting principally of petroleum and related products.
Cargo Insurance. The Seller shall obtain and pay for ocean marine cargo insurance on each Parcel shipped hereunder in accordance with the terms and conditions of this Article 6. Such insurance shall be placed with large, well-known, first class companies of good international repute and shall cover All Risks in accordance with Institute Cargo Clause (A) including revised insolvency exclusion clause, S.R.C.C., War Risk and Heating and Spontaneous Combustion Clauses.
Cargo Insurance. As prescribed in 28.313(a), insert the following clause: Cargo Insurance (MAY 1999)
Cargo Insurance. Alcor shall effect in the joint names of Alcor and Ethyl, and at all times maintain during the term of this Agreement on mutually agreed terms and conditions, Bulk and Non-Bulk Cargo Insurance to cover shipments of Product to customers in the Territory pursuant to this Agreement. Non-Bulk insurance shall be placed on a CIF plus 10 percent plus value of containers basis. Bulk insurance shall be placed on a FOB value plus 10 percent, plus value of containers where applicable. Any deductible under such policies shall be borne by the Parties in the proportions set forth in Sections A-II and B-II of Schedule C to this Agreement (irrespective of the cause or reason that the Losses may have arisen and the fault of either Party in relation thereto).
