Common use of Assessment of Compensation Clause in Contracts

Assessment of Compensation. The value of the Goods shall be determined according to the current commodity exchange price or, if there is not such price, according to the current market price or, if there is no commodity exchange price or current market price, by reference to the normal value of the Goods of the same kind and quality.

Appears in 29 contracts

Sources: Fiata Model Rules for Freight Forwarding Services, Freight Forwarding Services Agreement, Fiata Model Rules for Freight Forwarding Services

Assessment of Compensation. The Th value of the Goods shall be determined according to the current commodity exchange price or, if there is not such price, according to the current market price or, if there is no commodity exchange price or current market pricepri e, by reference to the normal value of the Goods of the same kind and quality.

Appears in 2 contracts

Sources: Camffa Standard Trading Conditions, Camffa Standard Trading Conditions

Assessment of Compensation. The value of the Goods shall be determined according to the current commodity exchange price or, if there is not no such price, according to the current market price or, if there is no commodity exchange price or current market price, by reference to the normal value of the Goods of the same kind and quality.

Appears in 2 contracts

Sources: Schenker’s Standard Trading Terms, Freight Forwarding Services Agreement