Class II - Freight, Demurrage
and Defence
- Rule 11
| DEDUCTIBLES |
| The Member shall bear one fifth of all costs and expenses arising
from claims, disputes and proceedings, except for any claims, disputes
and proceedings arising in or being pursued in the United States of
America, in respect of which the Member shall bear one third of all
such costs and expenses. If the Association has paid any costs and
expense s that should have been borne by the Member, the Association
shall be entitled to recover such costs and expenses from the Member
as a debt due from the Member. |
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