Common use of Container capacity Clause in Contracts

Container capacity. (a) In the event that the actual nominal container capacity of the VESSEL as determined in accordance with the Specifications is less than the Guaranteed Container Capacity of 2546 TEU by more than forty-six (46) TEUs, the Contract Price shall be reduced by the sum of thirty thousand United States Dollars (US$30,000) for each container TEU of deficiency in excess of forty-six (46) TEUs.

Container capacity. (a) In the event that the actual nominal container capacity of the VESSEL as determined in accordance with the Specifications is less than the Guaranteed Container Capacity of 2546 TEU by more than forty-six (46) 35 TEUs, the Contract Price shall be reduced by the sum of thirty thousand Thirty Five Thousand United States Dollars (US$30,00035,000) for each container TEU of deficiency in excess of forty-six (46) 35 TEUs.