REPLACEMENT SHIPPER Sample Clauses
The Replacement Shipper clause establishes the conditions under which a new party may take over the shipping obligations from the original shipper under a contract. Typically, this clause outlines the process for designating a replacement, such as requiring notice to the carrier and ensuring the replacement meets certain qualifications or approvals. Its core function is to provide flexibility in shipping arrangements, ensuring continuity of service if the original shipper cannot fulfill their obligations, and thereby minimizing disruptions in the supply chain.
REPLACEMENT SHIPPER or such other address as either party shall designate by formal written notice.
REPLACEMENT SHIPPER. A Shipper receiving capacity rights under an Eligible Firm Transportation Agreement pursuant to a direct release from an Original Shipper under this Section 14. (n) SHORT-TERM PREARRANGED RELEASE A Prearranged Release with a term of thirty-one (31) days or less.
REPLACEMENT SHIPPER. A Shipper receiving capacity rights under an Eligible Firm Transportation Agreement pursuant to a direct release from an Original Shipper under this Section 15.