Common use of Monetary Limits Clause in Contracts

Monetary Limits. 8.3.1. Loss of or damage to the Goods Th provisions of Art. 7.3. notwithstanding, the Freight Forwarder shall not be or become liable for any loss of or damage to the Goods in an amount exceeding the equivalent of USDollars Three per kilogram of gross weight of the Goods lost or damaged, with a maximum liability of USDollars Fifteen Thousand only per claim (USD15,000.), unless a larger amount is recovered from a person for whom the Freight Forwarder is responsible. If the Goods have not been delivered within ninety consecutive days after the date when the Goods ought to have been delivered, the claimant may, in the absence of evidence to the contrary, treat the Goods as lost.