Sale of Freight. After 5 (five) calendar days as of the date of arrival of the Freight to the Point of Destination, KCSM may place the unclaimed Freight at the availability of the competent authorities for its sale in terms of the provisions of Articles 603 of the Commerce Code. Regarding the foregoing, a minute will be prepared evidencing the authorization of the competent authority of the product of the sale and other relevant facts related thereto. In case once the sale is performed the owner of the Freight or its representative appear, the provisions of Articles 604 of the Commerce Code will apply.
Appears in 5 contracts
Samples: Freight Railroad Transportation Rendering Services Agreement, Freight Railroad Transportation Rendering Services Agreement, Freight Railroad Transportation Rendering Services Agreement
Sale of Freight. After 5 (five) calendar days as of the date of arrival of the Freight to the Point of Destination, KCSM may place the unclaimed Freight at the availability of the competent authorities for its sale in terms of the provisions of Articles 603 of the Commerce Code. Regarding the foregoing, a minute will be prepared evidencing the authorization of the competent authority of the product of the sale and other relevant facts related thereto. In case once the sale is performed the owner of the Freight or its representative appear, the provisions of Articles 604 of the Commerce Code will apply.of
Appears in 1 contract
Samples: Freight Railroad Transportation Rendering Services Agreement
