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A Warehousing Agreement sets out the terms between a business storing goods and the warehouse facility handling them. Under Philippine law, these contracts spell out essential details like storage fees, handling procedures, and liability coverage - crucial protections for both parties in the local logistics sector.

The agreement typically covers inventory tracking, security measures, and specific storage conditions required by Philippine customs and trade regulations. It also defines how damaged or lost items will be handled, insurance requirements, and the duration of storage - making it an essential tool for manufacturers, importers, and distributors operating in the country.

Consider putting a Warehousing Agreement in place before storing any goods with a third-party facility in the Philippines. This is especially important when dealing with high-value inventory, temperature-sensitive products, or items requiring special handling under Philippine customs regulations.

The agreement becomes vital when expanding operations, outsourcing storage needs, or managing seasonal inventory fluctuations. Many Philippine businesses implement these agreements during peak seasons, when launching new product lines, or when regulatory compliance demands clear documentation of storage arrangements and liability assignments.

• Basic Storage Agreements: Cover standard warehouse services like receiving, storing, and dispatching goods
• Bonded Warehouse Agreements: Specifically designed for customs-controlled storage under Philippine Bureau of Customs regulations
• Cold Storage Agreements: Include detailed temperature and handling requirements for perishable goods
• Full-Service Logistics Agreements: Combine storage with additional services like packaging, labeling, and distribution
• Industry-Specific Agreements: Tailored for sectors like pharmaceuticals or electronics, meeting specific regulatory requirements

• Warehouse Operators: Provide the storage facilities and sign as service providers, ensuring compliance with Philippine storage regulations
• Business Owners: Store inventory and merchandise, typically manufacturers, retailers, or importers seeking storage solutions
• Legal Counsel: Draft and review agreements to protect both parties' interests under Philippine commercial law
• Logistics Managers: Oversee daily operations and ensure adherence to storage terms and conditions
• Insurance Providers: Offer coverage for stored goods and validate compliance with safety requirements

• Storage Details: List types of goods, quantities, and any special handling requirements under Philippine regulations
• Facility Information: Document warehouse location, available space, security measures, and relevant certifications
• Service Scope: Define exact services needed - basic storage, inventory management, or value-added services
• Pricing Structure: Gather storage rates, handling fees, and additional service charges in Philippine Peso
• Insurance Coverage: Confirm required insurance types and coverage limits for stored goods
• Duration Terms: Specify agreement length, renewal options, and termination conditions

• Party Information: Complete legal names, addresses, and authorized representatives of warehouse and client
• Service Description: Detailed scope of storage services under Philippine warehouse regulations
• Payment Terms: Clear fee structure, payment schedules, and late payment consequences
• Liability Clauses: Risk allocation, damage responsibilities, and insurance requirements
• Storage Conditions: Specific handling procedures, security measures, and maintenance standards
• Term and Termination: Agreement duration, renewal options, and termination procedures
• Dispute Resolution: Philippine jurisdiction choice and conflict resolution methods

A Warehousing Agreement differs significantly from an Agency Agreement in several key aspects under Philippine law. While both involve business relationships, their core purposes and scopes are distinct.

• Primary Purpose: Warehousing Agreements focus specifically on storage services and inventory management, while Agency Agreement creates a broader representation relationship where one party acts on behalf of another
• Scope of Authority: Warehouse operators have limited authority confined to storage and handling, whereas agents typically have broader powers to negotiate and conduct business transactions
• Liability Structure: Warehousing Agreements center on custody and care of goods, with specific liability for damage or loss. Agency Agreements focus on representation responsibilities and fiduciary duties
• Duration and Terms: Warehouse contracts usually have fixed terms based on storage needs, while agency relationships often continue until specific goals are achieved or terminated by notice