Container Space definition
Examples of Container Space in a sentence
If at any point in the 30-day period following the seven-day notice, the empty container inventory exceeds the Empty Container Space Allocation, PHA may, in its sole and absolute discretion and without providing additional notice, prohibit any additional empty container units into the container yard until the inventory is reduced to an amount within the Empty Container Space Allocation.
If the actual inventory is not reduced to an amount within the Empty Container Space Allocation after expiration of the seven-day notice period, no additional empty container units will be allowed into the container yard until such time as the inventory is reduced to an amount within the Empty Container Space Allocation.
As long as Carrier’s empty container handling services are provided by PHA and no other party, Carrier will be provided an empty handling and space allocation inside the restricted area of the Terminals of no greater than 2.5% of the total loaded containers defined in the calculation provided in Section 3.f.(iv) of this Agreement, converted to TEUs for the purpose of determining the allocation (the “Empty Container Space Allocation”).
PHA retains the sole and absolute discretion to, on a case-by-case basis, allow empty container inventories greater than the Empty Container Space Allocation.
In the event the actual empty inventory exceeds the Empty Container Space Allocation, PHA will provide a seven-day notice to Carrier to reduce its inventory.
UP Domestic Container Space .........................................................
UP Domestic Container Space .............................................................