Encyclopedia

Holder


10. "Holder" means:

a) a person who possesses a negotiable transport document, and

i) if the document is an order document, it is defined in it as the shipper or consignee or is a person for whose benefit the document has been properly endorsed, or

ii) if the document is an order document with blank endorsement or a bearer document, is the bearer of such document; or

b) a person to whom a negotiable transport electronic record has been issued or transferred in accordance with the procedures provided in paragraph 1 of article 9.

Source: United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea

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