A bill of lading is a receipt given by a shipper of goods from the carrier, such as a trucking company, railroad, ship or air freighter, for shipment to a particular buyer. It is a contract protecting the shipper by guaranteeing payment and ensures the carrier that the recipient has proof of the right to the goods. The bill of lading is then sent to the buyer by the shipper upon payment for the goods, and constitutes proof that the recipient is entitled to the goods when received.
Indemnity Agreement regarding Lost Bill of Lading Indemnity agreement made (date) between (Name of Claimant), of (street address, city, state, zip code), hereinafter called Claimant, in favor of (Name of Carrier), of (street address, city, state, zip code), hereinafter called Carrier. For and in consideration of delivery to it of the shipment described below, without surrender of the original bill of lading covering the same, (Name of Claimant) agrees to indemnify (Name of Carrier) and any other interested carriers, if any, from any and all lawful claims that may be made against (Name of Carrier) or such other carriers arising out of the shipment, and will pay to (Name of Carrier) or such other carriers all losses, damages, costs, counsel fees, or other expenses that (Name of Carrier) or such other carriers may suffer or pay by reason of the delivery.
Pages to are hidden for
"Indemnity Agreement regarding Lost Bill of Lading"Please download to view full document