YSID shall procure and maintain, at it's sole expense, throughout the usage period, insurance for the bonded warehouse For the damage and/or loss of goods outside the bonded warehouse are not covered in the above insurance and shall be under the responsibility of SUNWA therefore YSID shall not be liable for any damages of goods when they are outside or in transit to the bonded warehouse.
YSID shall be solely liable for damage to or loss of goods when stored in/or while the goods are under the custody of YSID in the bonded warehouse and shall compensate SUNWA the full value of the goods. The liability is limited to the actual and material value and shall exclude immaterial value such as cost of delay, loss of market opportunities or any other cost which are immeasurable.