Careful drafting of LOI invocation clauses in charterparties avoids later surprises | Gard's Insights
Gard
A letter of indemnity does not need to be printed and signed to be valid and binding – in some trades it is common for charterparties to contain clauses that allow letters of indemnity to be ‘invoked’ by the charterer in an email. Whilst it does save time and administration, these clauses and their invocation do requi
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