VALUE DECLARATION. Seller shall not insure for excess value via any mode of transportation. For shipments at Purchaser's risk in which freight rates are based on released value, Seller shall declare the lowest value on the bill of lading. For shipments at Purchaser's risk via domestic air freight, air freight forwarder, and Parcel Post, Seller shall insert the notation NVD (no value declared).
Appears in 8 contracts
Samples: Purchase Order, Purchase Order, Purchase Order
VALUE DECLARATION. Seller a. SELLER shall not insure for excess value via any mode of transportation. For shipments at PurchaserBUYER's risk in which freight rates are based on released value, Seller SELLER shall declare the lowest value on the bill of lading. For shipments at PurchaserBUYER's risk via domestic air freight, air freight forwarder, and Parcel Post, Seller SELLER shall insert the notation NVD (no value declared).
Appears in 1 contract
Samples: Purchase Order
