Common use of Bill of Lading Clause in Contracts

Bill of Lading. 18.1. The Shipping Line shall stipulate in its Bill of Lading regarding conditions for carriage that KFTL, its employees, sub-contractors and agents shall have the benefit of all provisions in the Bill of Lading (including any liability caps or limitation periods) benefitting the Shipping Line regardless of whether KFTL is acting solely for the Shipping Line. KFTL hereby accepts such benefit and appoints the Shipping Line as KFTL’s agent for the purpose of entering into the contracts of carriage evidenced by the Bill of Lading.

Appears in 2 contracts

Sources: Standard Terms and Conditions, Standard Terms and Conditions