Business Uniform Commercial Code _UCC_ Shipment of Goods and Payment Requirements

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11/13/2007
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SHIPMENT OF GOODS AND PAYMENT REQUIREMENTS Due to shipment from different facilities, seller reserves the routing of shipping of goods. Even though goods are shipped to the order of seller, they are at the risk of buyer from and after delivery to carrier, and buyer assumes all responsibility for shortage, loss, delay or damage in transit on issuance to seller by carrier of a bill of lading. Any route specified shall be subject to the route being open or available at the time of shipment. If, after notice by seller, where seller elects to give notice, buyer does not desire to have shipment made by a specific route then open or available, seller may store and insure goods for the account of buyer. If so stored and insured, buyer shall pay for the charges as follows: __________. Goods are to be shipped at the discretion of seller as soon as practicable after packing. Any difference in freight and terminal charges on account of shipping by seller in more than one carload shall be paid by seller. Seller reserves the right to ship goods unlabeled when delay in receiving the labels from buyer prevents shipment. If seller shall elect to withhold shipment at the request of buyer, then the goods unshipped shall be billed and paid for as follows: __________. This is a UCC-buying and selling provision. It is designed to supplement UCC buying and selling forms found in this category.

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