The Multiparty Agreement (Part 1 | Part 2) is the contractual basis for all one-way lease transactions on xChange. It was developed jointly with the BIMCO and ensures maximum neutrality between container owner and user.
The agreement regulates e.g. how per diem charges are calculated, who is liable for the condition of the equipment, who pays depot handling fees (= the container owner) and what happens in case of disputes.
All xChange lease members can add their preferred standard terms (e.g. per diems for specific container types) onto the agreement before signing. These terms will then be pre-filled into every request on xChange--but of course they can be negotiated on a deal-by-deal basis.