This form is a storage and indemnity agreement. The relationship between warehouseman and depositor is that of bailer and bailee, and many of the principles applicable to bailments generally obtain with respect to warehouse storage. Like other bailment co
The Harris Texas Storage and Indemnity Agreement — Field Warehouse is a legal contract typically used in the state of Texas for the purpose of storing goods or merchandise in a field warehouse facility. This agreement establishes the terms and conditions governing the storage, handling, and protection of the stored items, as well as the responsibilities and liabilities of both parties involved. Key elements covered in the Harris Texas Storage and Indemnity Agreement — Field Warehouse include: 1. Parties: The agreement identifies the parties involved, including the warehouse owner/operator (referred to as the warehouseman) and the owner of the stored goods (referred to as the depositor). 2. Definitions: The agreement may provide definitions for key terms used throughout the document, such as "warehouse receipt," "goods," "storage period," etc., ensuring clarity and consistency in interpretation. 3. Storage Conditions: It outlines the specific conditions under which the goods will be stored, including temperature controls, humidity levels, security measures, and any restrictions or special requirements for certain types of items. 4. Storage Charges: The agreement details the charges imposed for the storage services rendered, including rates, payment terms, late fees, and any additional fees for value-added services such as inventory management or insurance coverage. 5. Delivery and Retrieval: It establishes the procedures for delivering the goods to the warehouse and retrieving them upon request. This includes documentation requirements, notification procedures, and any applicable timeframes. 6. Title and Ownership: The agreement clarifies that the depositor retains ownership of the stored goods and does not transfer title to the warehouseman as a result of storage. 7. Indemnity and Liability: The agreement addresses the liability of both parties for loss, damage, or theft of the stored goods. It specifies any limitations of liability that the warehouseman may impose and outlines the process for filing claims or resolving disputes. 8. Insurance: It may require the depositor to provide proof of insurance coverage for the stored goods, including any specific coverage requirements or conditions imposed by the warehouseman. 9. Termination: The agreement sets forth the circumstances under which either party can terminate the storage arrangement, including notice periods, procedures for removing the goods, and any applicable penalties or fees. Types of Harris Texas Storage and Indemnity Agreement — Field Warehouse contracts may include variations depending on factors such as industry, commodity, or the specific services offered by the warehouse, but the key elements listed above are typically included in all such agreements.
The Harris Texas Storage and Indemnity Agreement — Field Warehouse is a legal contract typically used in the state of Texas for the purpose of storing goods or merchandise in a field warehouse facility. This agreement establishes the terms and conditions governing the storage, handling, and protection of the stored items, as well as the responsibilities and liabilities of both parties involved. Key elements covered in the Harris Texas Storage and Indemnity Agreement — Field Warehouse include: 1. Parties: The agreement identifies the parties involved, including the warehouse owner/operator (referred to as the warehouseman) and the owner of the stored goods (referred to as the depositor). 2. Definitions: The agreement may provide definitions for key terms used throughout the document, such as "warehouse receipt," "goods," "storage period," etc., ensuring clarity and consistency in interpretation. 3. Storage Conditions: It outlines the specific conditions under which the goods will be stored, including temperature controls, humidity levels, security measures, and any restrictions or special requirements for certain types of items. 4. Storage Charges: The agreement details the charges imposed for the storage services rendered, including rates, payment terms, late fees, and any additional fees for value-added services such as inventory management or insurance coverage. 5. Delivery and Retrieval: It establishes the procedures for delivering the goods to the warehouse and retrieving them upon request. This includes documentation requirements, notification procedures, and any applicable timeframes. 6. Title and Ownership: The agreement clarifies that the depositor retains ownership of the stored goods and does not transfer title to the warehouseman as a result of storage. 7. Indemnity and Liability: The agreement addresses the liability of both parties for loss, damage, or theft of the stored goods. It specifies any limitations of liability that the warehouseman may impose and outlines the process for filing claims or resolving disputes. 8. Insurance: It may require the depositor to provide proof of insurance coverage for the stored goods, including any specific coverage requirements or conditions imposed by the warehouseman. 9. Termination: The agreement sets forth the circumstances under which either party can terminate the storage arrangement, including notice periods, procedures for removing the goods, and any applicable penalties or fees. Types of Harris Texas Storage and Indemnity Agreement — Field Warehouse contracts may include variations depending on factors such as industry, commodity, or the specific services offered by the warehouse, but the key elements listed above are typically included in all such agreements.