Common use of Duration of Shipment Liability Clause in Contracts

Duration of Shipment Liability. CARRIER'S possession of CUSTOMER'S Shipment begins only after an authorized messenger employed by CARRIER signs a receipt for and receives said Shipment into his/her physical custody, thereafter CARRIER'S possession of CUSTOMER'S Property terminates when and as an agent or consignee designated by CUSTOMER receives physical custody (i.e. physical possession or control) of the Shipment. It is understood and agreed that CARRIER'S liability for the handling or protection of CUSTOMER’S Property arises and exists solely and concurrently with CARRIER'S possession thereof.

Appears in 2 contracts

Samples: Armored Car Service Agreement, Armored Car Service Agreement

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Duration of Shipment Liability. CARRIERXXXXXXX'S possession of CUSTOMER'S Shipment begins only after an authorized messenger employed by CARRIER signs a receipt for and receives said Shipment into his/her physical custody, thereafter CARRIERXXXXXXX'S possession of CUSTOMER'S Property terminates when and as an agent or consignee designated by CUSTOMER receives physical custody (i.e. physical possession or control) of the Shipment. It is understood and agreed that CARRIER'S liability for the handling or protection of CUSTOMER’S Property arises and exists solely and concurrently with CARRIER'S possession thereof.

Appears in 1 contract

Samples: Service Agreement

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Duration of Shipment Liability. CARRIER'S possession of CUSTOMER'S Shipment begins only after an authorized messenger employed by CARRIER signs a receipt for and receives said Shipment into his/her physical custody, thereafter CARRIERXXXXXXX'S possession of CUSTOMER'S Property terminates when and as an agent or consignee designated by CUSTOMER receives physical custody (i.e. physical possession or control) of the Shipment. It is understood and agreed that CARRIER'S liability for the handling or protection of CUSTOMER’S Property arises and exists solely and concurrently with CARRIER'S possession thereof.

Appears in 1 contract

Samples: Service Agreement

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