Institute Cargo Clause definition

Institute Cargo Clause means, in respect of a CIF Delivery Type Individual Biomass Contract, various forms of terms issued by the Institute of London Underwriters;
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Examples of Institute Cargo Clause in a sentence

  • Such insurance shall be placed with large, well-known, first class companies of good international repute and shall cover All Risks in accordance with Institute Cargo Clause (A) including revised insolvency exclusion clause, S.R.C.C., War Risk and Heating and Spontaneous Combustion Clauses.

  • On Buyer’s behalf, FS shall arrange and pay for insurance against the Buyer’s risk of loss of the Modules or damage to the Modules during carriage All-risk-transport insurance including the Institute Cargo Clause ‘A’ or the equivalent American Institute All Risk insurance and provide such proof of insurance to Buyer upon request.

  • Institute Cargo Clause (A) and Institute Cargo Clause (Air) is appended to and is the integral part of the present terms and conditions.

  • The insurance relationship provided for by the Insurance Agreement is governed by the present terms and conditions as well as the terms and conditions of the Institute Cargo Clause (A) and Institute Cargo Clause (Air).

  • Insurance to include Institute Cargo Clause A(all risks) and Institute SRCC, TPND, Terrorism and War Clauses.

  • Institute Cargo Clause (C) (1.10.82) is used for marine cargo and Institute Time ▇▇▇▇▇▇ ▇▇▇▇ (1.10.83) is used for ships.