Letter Of Indemnity Templates - Standard Form (Page 4 of 17) in pdf

STANDARD FORMLETTER OF INDEMNITY TO BE GIVEN IN RETURN FOR DELIVERING

CARGO WITHOUT PRODUCTION OF THE ORIGINAL BILL OF LADING INCORPORATING A

BANK'S AGREEMENT TO JOIN IN THE LETTER OF INDEMNITY

To: [insert name of Owners] [insert date]

The Owners of the [insert name of ship]

[insert address]

Dear Sirs

Ship: [insert name of ship]

Voyage: [insert load and discharge ports as stated in the bill of lading]

Cargo: [insert description of cargo]

Bill of Lading: [insert identification numbers, date and place of issue]

The above cargo was shipped on the above ship by [insert name of shipper] and consigned to [insert

name of consignee or party to whose order the bill of lading is made out, as appropriate] for delivery at

the port of [insert name of discharge port stated in the bill of lading] but the bill of lading has not

arrived and we, [insert name of party requesting delivery], hereby request you to deliver the said cargo

to [insert name of party to whom delivery is to be made] at [insert place where delivery is to be made]

without production of the original bill of lading.

In consideration of your complying with our above request, we hereby agree as follows:-

1. To indemnify you, your servants and agents and to hold all of you harmless in respect of any

liability, loss, damage or expense of whatsoever nature which you may sustain by reason of delivering

the cargo in accordance with our request.

2. In the event of any proceedings being commenced against you or any of your servants or agents in

connection with the delivery of the cargo as aforesaid, to provide you or them on demand with

sufficient funds to defend the same.

3. If, in connection with the delivery of the cargo as aforesaid, the ship, or any other ship or property in

the same or associated ownership, management or control, should be arrested or detained or should the

arrest or detention thereof be threatened, or should there be any interference in the use or trading of the

vessel (whether by virtue of a caveat being entered on the ship’s registry or otherwise howsoever), to

provide on demand such bail or other security as may be required to prevent such arrest or detention

or to secure the release of such ship or property or to remove such interference and to indemnify you in

respect of any liability, loss, damage or expense caused by such arrest or detention or threatened arrest

or detention or such interference, whether or not such arrest or detention or threatened arrest or

detention or such interference may be justified.

4. If the place at which we have asked you to make delivery is a bulk liquid or gas terminal or facility,

or another ship, lighter or barge, then delivery to such terminal, facility, ship, lighter or barge shall be

deemed to be delivery to the party to whom we have requested you to make such delivery.

5. As soon as all original bills of lading for the above cargo shall have come into our possession, to

deliver the same to you, or otherwise to cause all original bills of lading to be delivered to you,

whereupon our liability hereunder shall cease.

Letter Of Indemnity Templates - Standard Form Page 4