Transcargo - Logistics Experts

TCZFM Rights

1. Determine the right location in the warehouse to store the Depositor's merchandise.
2. Reject merchandise if there is not enough space within the facilities, or if TCZFM considers the merchandise either unsafe or inappropriate.
3. At the end of this agreement, send goods to the warehouse of the National Administration of Ports (ANP) so chosen for this purpose. All transportation charges, taxes and port costs shall be the Depositor's responsibility.
4. Request the Depositor to take goods out of the warehouse, whenever National Authorities request so by means of notification. Under its own responsibility, the Depositor shall take goods to the ANP warehouse (or wherever indicated by National Authorities) and in the conditions specified in c). In case the Depositor fails to do so within the terms stipulated by the National Authorities, TCZFM shall proceed to do it. When there is no specific deadline, the term will be 10 days from notification.
5. Exercise the right of retention on the goods stored, for reimbursement of expenses, advances, interests, and  for the collection of the price or commission agreed.
   
6. If the merchandise is received into the Warehouse, with its original packaging closed or sealed, the Depositary will not take any responsibility for the existence or state of the goods not showed. The Depositary will not be liable for any substitution, change or lack of such merchandise, and will not attend any claim or action concerning these situations.

Depositor obligations

The Depositor undertakes the following obligations:

1. Withdraw merchandise at its own cost from the warehouse, if, and only if, Depositor's payments are up to date. The withdrawal must be done by the Depositor or by any person authorized in written by the Depositor. Give notice of any retrieval of merchandise, with at least 2 days in advance. For any retrieval of merchandise, all costs related to the shipment shall be paid by the Depositor.
2. Make timely payments for services agreed as stipulated before. In case the Depositor fails to do so within the terms stipulated, TCZFM shall have the right to automatically rescind this agreement.

Pledge

Goods stored at TCZFM's warehouse shall not be given as a pledge without the written consent from TCZFM given in the pledge contract itself.

Merchandise not retrieved

In case the Depositor desists to withdraw merchandise  that is ready to ship, all costs associated to the preparation of that order shall be paid by him. Those costs will be settled unilaterally by TCZFM and must be paid together with the corresponding monthly expenses.