Common use of Pooling Service Clause in Contracts

Pooling Service. This rate applies to Shippers that have used the Pooling Service. For a given Month M, the price of the Pooling Service PPOOLM it equal to: o PPOOLM = (SM - C) + 0.1 x C o C: pooling credit, expressed in euros, of the Shipper, the value of which is only confirmed at the end of the given Month o SM: price applicable to the subscription without pooling. Knowing that the price of the Pooling Service PPOOLM cannot be lower than the maximum between the number of Number of Berthings Rate (TNA) and ten (10) per cent of the subscription price without use of the Pooling Service (SM). The price applicable to the subscription without use of the Pooling Service (SM) is determined as the maximum between the additional quantity programmed by the Operator on notification of the Monthly Schedule to the Shipper and the additional quantity unloaded above the Shipper's QDC for the given Month.

Pooling Service. This rate applies to Shippers that have used the Pooling Service. For a given Month M, the price of the Pooling Service PPOOLM it equal to: o PPOOLM = (SM - C) + 0.1 x C o C: pooling credit, expressed in euros, of the Shipper, the value of which is only confirmed at the end of the given Month o SM: price applicable to the subscription without pooling. Knowing that the price of the Pooling Service PPOOLM cannot be lower than the maximum between the number of Number of Berthings Rate (TNA) and ten (10) per cent of the subscription price without use of the Pooling Service (SM). The price applicable to the subscription without use of the Pooling Service (SM) is determined as the maximum between the additional quantity programmed scheduled by the Operator on notification of the Monthly Schedule to the Shipper and the additional quantity unloaded above the Shipper's QDC for the given Month.