settlement clause

The process by which an insurer, carrier, or other liable party reviews, assesses, and settles a claim for damage, loss, or delay in transport, determ...

A contractual provision in which damages to goods or cargo are settled by a pre-agreed lump-sum compensation, typically waiving further claims, once t...

A settlement or reconciliation of levies, taxes, duties and charges due to authorities in the context of transport or logistics services; it aggregate...

The risk that a transaction, order, or settlement cannot be completed as agreed, due to counterparty default, delays, or errors in payment or document...

A payment clause is a contractual provision that specifies the terms of payment, including amount, due date, payment method, and consequences of late ...

A legally binding agreement between disputing parties aimed at resolving a dispute through mutual agreement. It sets out the terms of the settlement, ...