RULE: 12 - AD VALOREM RATES Eff: 20JUL2004
All shipments moving pursuant to and rated under the rules, regulations, rates and charges named in this Tariff are predicated on Carrier's liability NOT exceeding the limits specified in the Carrier's regular B/L (see Rule 8) and/or the provisions named herein. a. Overocean Service Liability: While cargo is in transport between POL and POD, Carrier's liability shall be determined in accordance with the clauses of the Carrier's regular B/L (See Rule 8). Carrier will NOT accept, NOR be liable for, any liability greater than such limits. b. Inland Service Liability: While cargo is in transport between U.S. Points of Origin or Destination and U.S. POL or POD as part of a through movement, the terms, conditions and liability of the underlying inland Carrier's Tariff or Contract of Carriage will apply. Demo Lines Inc. liability will be limited to the same extent, in the same amounts and by the same conditions as published and enforced by the underlying inland U.S. Domestic Carrier. Demo Lines Inc. will NOT accept, NOR be liable for, any liability greater than the such limits. c. Neither any oral declaration, nor any statement of value for governmental or Customs purposes, nor presentation of invoices for use in foreign Customs, nor collection of C.O.D. amounts or other purposes, nor the declaration of value for insurance, nor instructions to the Carrier to insure, shall be deemed a "declaration of value" as provided in paragraphs a. and b. above which would increase Carrier's stipulated liability, nor shall any such offering supplement or amend in any way the liability of the Carrier for the cargo at the time of shipment, on which charges for transportation services are based. d. Regardless of the value declared by the Shipper, Carrier's liability will NOT exceed the actual value of the cargo or the actual damages sustained when less. e. Where rates or charges are specified in this Tariff as applying on an Ad Valorem Basis, the value used in assessing freight charges shall be the invoice value shown on the Shipping Documents and B/L.
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