Excess Occupancy Payment definition
Excess Occupancy Payment has the meaning set forth in Section 6.4 of the Base Agreement. “Excess Volume” has the meaning set forth in Section 6.2 of the Base Agreement.
Examples of Excess Occupancy Payment in a sentence
In addition to the Excess Occupancy Payment, Customer shall be liable for and shall pay to Enterprise any other charges assessed by the Houston Port Authority (or any other Governmental Authority) and any other losses, damages, costs or expenses which Enterprise may incur as a result of the failure of such Vessel to vacate its berth as required (including all out of pocket Third Party fees for demurrage which Enterprise incurs due to such Vessel’s failure to vacate its berth as required).