CORC definition
Examples of CORC in a sentence
Delivery shall be, via barge or other vessel, for fuel as specified in Exhibit A or for fuel components to be blended at CORC O to obtain final product as specified in Exhibit A, delivered by FREEPOINT at ▇▇▇▇▇▇▇, Costa Sur, San ▇▇▇▇ and Seco.
Deliveries through the CORC O dock, at present, are limited as follows: ▇▇▇▇▇▇▇▇ ▇▇.
If FREEPOIN T needs to lease tanks in another facility due to CORC O not being operational, PREP A shall reimburse FREEPOINT for any additional costs and expenses related thereto; and PREP A shall pay any such amounts on the due date of the relevant invoice delivered by FREEPOINT detailing such costs.
All costs relating to the use of the tank at CORC O and to the handling of vessel or barge in CORCO' s dock (rent, dockage, line handling, hoses connection, loading, unloading, etc.) shall be for account, and shall be as specified in Exhibit the oil Terminal Services Agreement, of this Contract.
Considering that a single barge is available at Puerto Rico to transport the product from the CORC O dock to ▇▇▇▇▇▇▇, any problem related to the barge that prevents delivery of the product, and is not as a consequence of fault or negligence, will be treated as a Force Majeure event.
In case of environmental or safety risks on CORC O operations, FREEPOINT, at its sole discretion, will have the option to cancel the Terminal and Services Agreement (Exhibit D) and return the tanks.
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