Clean On-Board L.O.I. wording

F Y G, find below "STANDARD FORM LETTER OF INDEMNITY TO BE GIVEN IN RETURN FOR A CLEAN BILL OF LADING"

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DATE   :

TO   : THE SHIPOWNERS/DISPONENT OWNERS/MASTER/AGENTS OF      M/V "…………….."

SHIP NAME  : M/V " …………….. "

VOYAGE 

C/P DATE  :

CARGO   :

B/L NO.

SHIPPER  :

CONSIGNEE  :

NOTIFY ADDRESS :

DEAR SIRS,

RE: LETTER OF IDEMNITY UNDER M/V "……" C/P DD   FOR ISSUING CLEAN BILLS OF LADING

THE ABOVE VESSEL WHICH UNDER CHARTER TO US BY VIRTUE OF THE ABOVE MENTIONED

CHARTER PARTY, HAS LOADED A CARGO OF ABOVE MENTIONED AT THE PORT OF  ……………

FOR DELIVERY TO …………. NOTWITHSTANDING THAT VESSEL'S MASTER AND/OR OWNERS' P+I SURVEYOR HAS REMARKED ON MATE RECEIPT THAT:

1.

2.

3.

4.  

5.

WE REQUEST YOU TO ISSUE CLEAN BILLS OF LADING.

IN CONSIDERATION OF YOUR COMPLYING WITH OUR ABOVE REQUEST WE, ........ HEREBY

AGREE AS FOLLOWS:

1) TO IDEMNIFY YOU AND HOLD YOU HARMLESS IN RESPECT OF ANY LIABILITY, LOSS OR

DAMAGE, CLAIMS, EXPENSES OR WHATSOEVER NATURE, AND TO PAY YOU ON DEMAND THE

AMOUNT OF ANY LOSS OR DAMAGE, EXPENSES OF WHATSOEVER NATURE WHICH YOU AND/OR THE MASTER AND/OR THE AGENT OF THE VESSEL AND/OR ANY OTHER OF YOUR SERVANTS OR AGENTS WHATSOEVER MAY INCUR AS A RESULT OF YOUR ISSUING CLEAN BILL(S) OF LADING IN ACCORDANCE WITH OUR SAID REQUEST.

2) IN THE EVENT OF ANY PROCEEDINGS BEING COMMEND AGAINST YOU OR ANY OF YOUR

SERVANTS OR AGENTS IN CONNECTION WITH THE DELIVERY OF THE CARGO AS AFORESAID TO PROVIDE YOU OR THEM FROM TIME TO TIME ON DEMAND WITH SUFFICIENT FUNDS TO DEFEND THE SAME.

3) IF THE VESSEL OR ANY OTHER VESSEL OR PROPERTY BELONGING TO YOU SHOULD BE

ARRESTED OR DETAINED OR IF THE ARREST OR DETENTION THEREOF SHOULD BE THREATENED, 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 VESSEL OR EXPENSES CAUSED BY SUCH ARREST OR DETENTION.

4) THE LIABILITY OF EACH AND EVERY PERSON UNDER THIS INDEMNITY SHALL BE JOINT

AND SEVERAL AND SHALL NOT BE CONDITIONAL UPON YOUR PROCEEDING FIRST AGAINST ANY PERSON, WHETHER OR NOT SUCH PERSON IS PARTY TO OR LIABLE UNDER THIS INDEMNITY.

5) THIS INDEMNITY SHALL BE CONSTRUED IN ACCORDANCE WITH ENGLISH LAW AND EVERY

PERSON LIABLE UNDER THIS INDEMNITY SHALL AS YOUR REQUEST SUBMIT TO THE

JURISDICTION OF THE HIGH COURT OF JUSTICE OF ENGLAND.

YOURS FAITHFULLY

(STAMP & SIGNATURE)