Common use of Operational Responsibilities Clause in Contracts

Operational Responsibilities. a. The Agents will provide total multimodal freight services, either independently or utilizing the services of Third Parties. Each Agent assumes full responsibility for all Third Parties as selected by them. b. The Agents are to actively pursue, investigate and negotiate the best possible net freight rates for each service and to notify and offer these net rates to the other. c. The Agents agree to receive/accept cargo from each other ensuring cargo is received clean and in good order. In the event of shortages and/or damages, notation will be made on the appropriate documentation and actioned immediately upon receipt. d. Current / Local (SPECIFY NAME OF STTCs) Standard Trading Conditions apply to all transactions by either party.

Appears in 1 contract

Sources: International Agency Agreement

Operational Responsibilities. a. The Agents will provide total multimodal freight services, either independently or utilizing the services of Third Parties. Each Agent assumes full responsibility for all Third Parties as selected by them. b. The Agents are to actively pursue, investigate and negotiate the best possible net freight rates for each service and to notify and offer these net rates to the other. c. The Agents agree to receive/accept cargo from each other ensuring cargo is received clean and in good order. In the event of shortages and/or damagesdamages or delays, notation will be made on the appropriate documentation and actioned immediately upon receiptreceipt to all concerned parties. d. Current / Current/Local (SPECIFY NAME OF STTCs) Standard Trading Conditions apply to all transactions by either party.

Appears in 1 contract

Sources: International Agency Agreement