Common use of Cargo Liability Clause in Contracts

Cargo Liability. CARRIER assumes liability as a common carrier for loss, damage to or destruction of the goods entrusted to it or its subcontractor’s care, custody or control. The measurement of the loss, damage or injury to commodities shall be the Shipper's invoice value applicable to the kind and quantity of Commodities so lost, damaged or destroyed. CARRIER shall not allow any of the goods tendered to CARRIER to be sold or made available for sale or otherwise disposed of in salvage markets, employee stores or any other secondary outlets without BROKER’s prior written consent. XXXXXXX agrees to either pay or settle all cargo claims within 30 days of the receipt of a documented claim. XXXXXXX agrees to notify BROKER’s Claims Department immediately whenever an accident or potential cargo claim occurs. Provincial, State or Federal tariffs or legislation limiting CARRIER’S liability shall have no application to shipments entrusted to the CARRIER.

Cargo Liability. CARRIER assumes liability as a common carrier for loss, damage to or destruction of the goods entrusted to it or its subcontractor’s care, custody or control. The measurement of the loss, damage or injury to commodities shall be the Shipper's invoice value applicable to the kind and quantity of Commodities so lost, damaged or destroyed. CARRIER shall not allow any of the goods tendered to CARRIER to be sold or made available for sale or otherwise disposed of in salvage markets, employee stores or any other secondary outlets without BROKER’s prior written consent. XXXXXXX CARRIER agrees to either pay or settle all cargo claims within 30 days of the receipt of a documented claim. XXXXXXX CARRIER agrees to notify BROKER’s Claims Department immediately whenever an accident or potential cargo claim occurs. Provincial, State or Federal tariffs or legislation limiting CARRIER’S liability shall have no application to shipments entrusted to the CARRIER.