Common use of Voluntary Surrender Clause in Contracts

Voluntary Surrender. 11ter.1 Shipper may voluntarily surrender Firm Monthly Capacity to Carrier, who will offer it to the market via an electronic auction platform. In order to surrender such capacity, Shipper shall submit to Carrier the “Voluntary Surrender” form (Annex F) completed and duly signed between 60 (sixty) and 40 (forty) calendar days before the start of the Month relevant to this capacity. The form shall be sent to the email address indicated in the Annex B of this Agreement as ‘Communications relevant to GC 11bis. and GC 11ter’.

Appears in 5 contracts

Samples: Transit Services Agreement, Transit Services Agreement, Transit Services Agreement

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Voluntary Surrender. 11ter.1 Shipper may voluntarily surrender Firm Monthly Capacity to Carrier, who will offer it to the market via an electronic auction platform. In order to surrender such capacity, Shipper Xxxxxxx shall submit to Carrier the “Voluntary Surrender” form (Annex F) completed and duly signed between 60 (sixty) and 40 (forty) calendar days before the start of the Month relevant to this capacity. The form shall be sent to the email address indicated in the Annex B of this Agreement as ‘Communications relevant to GC 11bis. and GC 11ter’.

Appears in 2 contracts

Samples: Transit Services Agreement, Transit Services Agreement

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