Shipping Covenants Sample Clauses
The Shipping Covenants clause sets out the obligations and requirements related to the shipment of goods under a contract. It typically details how and when goods must be shipped, the standards for packaging and labeling, and the responsibilities for arranging transportation and insurance. For example, it may require the seller to use a specific carrier or to provide tracking information to the buyer. The core function of this clause is to ensure that both parties have clear expectations regarding the shipping process, thereby reducing the risk of disputes or delays related to delivery.
Shipping Covenants. At all times during the Security Period, unless OFID otherwise agrees, the Borrower shall:
