Terms & Conditions
1. N-LOADERS and n-Company both agree that there will be no promise of exclusivity on each end.
2. Once the invoice is produced and sent to n-Company, n-Company5 promises to pay the mentioned amount within thirty (30) days from the same date.
3. n-Company agrees that N-LOADERS will only be able to hold on to their product for a maximum of 5 days, in case of any delays.
4.n-Company and N-LOADERS agree to enter into the contract for (number) months. If either party may wish to terminate the contract for any reason, they must inform the other party at least
30 days before termination.
5. For any disputes and settlements, laws of N-LOADERS’s jurisdiction will be applied. Both parties agree that they will try to settle any disputes amicably. However, they may pursue remedies in court if there’s no other path toward a fair settlement.
6. n-Company will need to communicate with N-LOADERS 2 days in advance to let them know about any incoming shipment.
7. n-Company promises not to hold N-LOADERS responsible for any damages to their product(s). Additionally, N-LOADERS will not be liable for any missing or damaged product(s) arising from either shipment issues or force majeure (sometimes called “act of God”).
8. n-Company agrees to insure their own products, and does not expect N-LOADERS to take out insurance for their products.
9. If n-Company wishes to communicate with N-LOADERS with a broker in between, they must provide N-LOADERS all relevant details of the concerned party.
Please note: Since n-Company wishes that N-LOADERS take the role of a freight transporter, a separate
contract will soon follow to discuss the next steps and the course of action.