Interchange Period definition

Interchange Period means the entire period of time the Carrier has possession or control of the Equipment which commences at the time a Carrier's vehicle or employees enter or arrive at any premises, location or facility of Crowley or its agents for the purpose of taking possession of one or more pieces of Equipment, and ceases when Carrier's vehicle or employees leave or depart any premises, location or facility of Crowley or its agents after return of such Equipment.
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Examples of Interchange Period in a sentence

  • Section D.3.d states “Motor Carrier will return the Equipment to the Provider in the same condition, reasonable wear and tear excepted” and section D.3.d.1) establishes the “responsibility for the repairs and/or replacement of equipment items during the Interchange Period are listed in Exhibit B and C.” Exhibit C of the UIIA identifies “Run Flat damage to tire and/or tube” as the responsibility of the MC during the interchanged Period.

  • Interchange Period: The period, commencing upon Interchange to Motor Carrier and concluding upon Interchange to Provider or another Motor Carrier that is authorized for Interchange by that Provider.

  • Fines, citations: Motor Carrier shall pay all fines arising out of its acts or omissions in the operation of Equipment during the Interchange Period.

  • The Detention Period shall be calculated by subtracting the Free Time Period from the Interchange Period.

  • The Interchange Period consists of two parts: (i) the Free Time Period and (ii) the Detention Period.

  • Carrier shall pay all federal, state or local fines or penalties assessed or incurred for the entire Interchange Period, even if notice of such fine or penalty is issued in the name of Crowley or received by it.

  • Carrier shall, except as specifically provided herein at its sole cost and expense, maintain, repair and service the Equipment and otherwise keep it in good repair and safe operating condition at all times during the Interchange Period.