i) The Company shall not be liable for any loss and/or damage, whether sustained in the course of transit or whilst in temporary storage, to the units (as defined in 1 (B) above), Goods (as defined in 1 (E), (F) and (G) above, delay, duty, tax, rent, charges or demurrages or consequential loss, non-performance of any obligation, mis-delivery, misdirection, costs, expense, death or injury of whatsoever nature and howsoever caused except as specified in this article.
(ii) Subject to the exclusions of liability in these Conditions, to the extent that it is proved that the claim arises from the negligence of the Company, its servants, agents or sub-contractors, the Company shall be liable for the type of loss or damage set out below subject to the financial limits stated.
(a) Physical loss of or damage to Goods, but not exceeding the lesser of:
the value of the Goods lost, or
the reasonable cost of repair in the case of damage, or
2 Special Drawing Rights per kilogram of the gross weight of the Goods lost or damaged.
(b) Misdirection of the Goods but not exceeding the lesser of:
the cost of transporting the Goods to the correct destination by the mode of transport that would have applied in the absence of such misdirection less the cost that would have been incurred in transporting the Goods to the correct destination in the absence of such misdirection, or the value of the Goods misdirected, or
2 Special Drawing Rights per kilogram of the Goods misdirected.
(vi) Loss of or damage as a direct result of failure to deliver or arrange delivery of goods, in a reasonable time but not exceeding the lesser of:
The sum equal to twice the amount freight that would have been earned by the Company, or
the value of the goods, or
2 Special Drawing Rights per kilogram of the goods.
(d) Physical loss of or damage to the Customer’s owned or leased Unit or Vehicles, but not exceeding the lesser of:
the value of the Unit or Vehicle, or
the reasonable cost of repair in the case of physical damage, or
2 Special Drawing Rights per kilogram.
(e) Physical loss of or damage to property of any form other than
that in Section 13 (a), (b), or (c), but not exceeding the lesser of:
the value of the property lost, or
the reasonable cost of repair in the case of damage, or
2 Special Drawing Rights per kilogram each event or events arising from a common cause.
(f) In the case of all other claims not exceeding the lesser of:-
(vii) the amount of direct loss, or
(viii) 75,000 Special Drawing Rights,
(g) The Company shall not in any circumstances whatsoever be liable for indirect or consequential loss such as (but not limited to) loss of profit or loss of market.
(iii) For the purposes of this Article,
(a) the value of Goods shall mean the invoice value added to the cost of freight (if paid) and insurance (if applicable) plus any Customs Duty or tax incurred on the Goods in respect of their carriage and not recoverable from any Authority or, in the absence of such value, the market value at the place where the Company received the Goods;
(b) the value of the Customer’s Unit or Vehicle shall be taken to be its lease value if leased by the Customer and if owned by the Customer the value shall be taken to be the market value at the place where the loss or damage occurred;
(c) the value of property under article 13(ii[d]) is the market value at the place where the loss or damage occurred.
(iv) The Company shall not incur any liability whatsoever for claims arising from:
(a) any act or omission of the Customer Or Owner or any person acting on their behalf,
(b) any acts of the Company conforming with the instructions given by or on behalf of the Customer or Owner,
(c) the act or order of any Authority,
(d) insufficiency or inadequate packaging or labeling of the Goods or Units except where such services have been provided by the Company,
(e) the handling, loading, stowage or unloading of the Goods by the Customer or Owner or any person acting on their behalf,
(f) the nature of the Goods,
(g) the defective or overweight condition of Units or Vehicles
(h) riots, civil commotions, strikes, lockouts, stoppage or restraint of labour,
(i) explosion, fire, flood or storm,
(j) breakdown of or failure of any handling equipment of the Company,
(k) breakdown of, accident to, failure or interruption of or reduction in the mains electrical supply to the Company, it is hereby being agreed that the Company is under no obligation whatsoever to have available an auxiliary Power supply,
(l) any cause which the Company could not avoid and the consequences whereof it could not prevent by the exercise of reasonable diligence.