Cargo Returned Against Payment Sample Clauses
The 'Cargo Returned Against Payment' clause establishes the terms under which cargo can be returned to the seller or shipper in exchange for a refund or payment. Typically, this clause outlines the conditions that must be met for a return, such as the timeframe for returns, the state of the cargo, and the method of payment or reimbursement. For example, it may specify that goods damaged in transit or not conforming to contract specifications can be returned, with the seller obligated to refund the buyer upon receipt. The core function of this clause is to provide a clear process for handling returns, thereby protecting both parties' interests and reducing disputes over defective or unwanted cargo.
Cargo Returned Against Payment. Promptly after termination of this Agreement (which expression shall include, for the purposes of this clause 17, expiry of the Term of this Agreement):
(a) the Operator must return to the Customer, at the Customer’s expense and upon fulfilment of the Customer’s payment obligations under sub-clause 17.1(b), any Containers or Cargo in the Operator’s or its subcontractors’ possession or control; and
(b) the Customer must pay the Operator for all Terminal Services supplied up to and on termination.