Agreement for storage of goods in Warehouse

About this Document:

Storage and warehousing of goods are a common concept in business and there is always a need for establishing such arrangements through proper documentation and on the basis of pre-defined terms and conditions.

This agreement is drawn in general terms without specific reference to any industry and is suitable for services segment as well;

The intention and purpose is to make the document suitable to cover International transactions, however, it can also be used for domestic version of a similar arrangement;

Who will use this document?

• Any business arranging terms with a warehousing Company/firm.

• A warehousing or Goods storage Company/firm setting up its terms and conditions;

• The best example for suitability of this document in the Indian context would be a Cold Storage making arrangement with its clients.

Key features:

• suitable for foreign/domestic arrangement;
• ready for adaptation to particular needs of either or both parties;
• comprehensive provisions provide ideas;
• real law in simple English;

This document includes provision for:

• Storage and handling prices;
• Tariff – Method of calculation and Payment terms;
• Duration and termination;
• Additional services;
• Transportation of goods;
• Appropriate legal provisions - warranties, exclusions, indemnities, etc.
• Miscellaneous provisions and restrictive covenants;