Commodity Transfer definition

Commodity Transfer means any physical movement of Commodities involving use of any Facilities including, without limitation, Dock-to-Dock Transfer, Ship-to-Ship Transfers and Tank-to-Tank Transfer.
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Examples of Commodity Transfer in a sentence

  • Commodities which are in any way involved in litigation other than a general average or salvage claim, or the ownership of which may be in dispute, or which are encumbered by a lien or charge of any kind, shall not be accepted for Commodity Transfer.

  • Terminal Company reserves the right to reject any and all Commodities tendered for Commodity Transfer which are not in compliance with any applicable provision of this Agreement, including the Terminal Regulations.

  • Measurement of quantities of Commodities delivered to the Terminal, Commodities delivered by the Terminal, or Commodities involved in Tank-to-Tank Transfers shall be by gauging the quantities in the applicable storage tanks at the Terminal immediately prior to and after the Commodity Transfer.

  • If after twenty (20) hours of Commodity Transfer, the Vessel performance criteria specified in Sections 4.02 and 4.03 have not been met, such that completion of the Commodity Transfer is anticipated not to be complete within 24 hours after initiation of the Commodity Transfer, due to conditions not within the control of Terminal Company, Terminal Company shall have the fight to have the Berth vacated, subject to considerations of safety, at no expense to Terminal Company.