Common use of Reciprocal Slot Allocation Clause in Contracts

Reciprocal Slot Allocation. 5.2.1 On such terms and conditions as the Parties may agree, the Parties may (a) exchange Slots on their respective Vessels with the other Parties on Vessels on which they have chartered space, and (b) agree on the number of Slots to be exchanged.

Reciprocal Slot Allocation. 5.2.1 On such terms and conditions as the Parties may agreeRegardless of whether Vessels are provided by one Party or more than one Party, the Parties hereunder may agree to (a) exchange Slots amongst themselves on their respective Vessels with the other Parties and/or on Vessels on which they have chartered space, and (b) agree on the number of Slots to be exchanged.