Interchange Receipt definition

Interchange Receipt means a receipt to be signed by a party receiving possession of Equipment from another party, which receipt acknowledges taking such possession and on which receipt should be noted any damage to the Equipment that exists at the time of the Interchange. Interchange Receipts are also commonly called “Trailer Interchange Receipts” (TIRs) and “Equipment Interchange Receipts” (EIRs).
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Examples of Interchange Receipt in a sentence

  • At the time of Interchange, the Parties or their agents shall execute an Equipment Interchange Receipt and/or exchange an electronic receipt equivalent, which shall describe the Equipment and any Damage observable thereon at the time of Interchange, reasonable Wear and Tear excepted.

  • The words “Damage is captured on Recorded Images” will be printed on the Equipment Interchange Receipt.

  • Each Party shall be entitled to receive a copy and/or an electronic receipt equivalent of the Equipment Interchange Receipt as described in D.2.a above without charge.

  • Equipment Interchange Receipt (EIR): A document confirming the interchange of Equipment between Parties to this Agreement, or their agents.

  • At the time of interchange, an authorized representative of each party shall execute, in multiple copies, as the parties may require, an Interchange Receipt and Inspection in the form and manner prescribed by Carrier.

  • If such inspection does not disclose any damages to any of the Units, an Equipment Interchange Receipt (“EIR”) shall be issued upon release of such Units from a discharging terminal to Buyer or Buyer’s motor carrier or drayman at the Authorized Delivery Location.

  • At the time of interchange, PROVIDER and MOTOR CARRIER or their agents shall execute an Equipment Interchange Receipt (“EIR”) which shall describe the Chassis and all observable damage thereon.

  • Motor Carrier will not be held responsible for damages noted on the Equipment Interchange Receipt.

  • The definition for Equipment Interchange Receipt (EIR) in the UIIA shall also apply to Equipment Interchange Report or Trailer Interchange Receipt (TIR) where used in receipts provided by the Provider.

  • Consequently, there is no official Equipment Interchange Receipt documentation supporting that the MC in-gated the equipment in a clean condition.

Related to Interchange Receipt

  • interchange fee means a fee paid between the payment service providers of the payer and of the payee for each direct debit transaction;

  • PJM Interchange means the following, as determined in accordance with the Operating Agreement and Tariff: (a) for a Market Participant that is a Network Service User, the amount by which its interval Equivalent Load exceeds, or is exceeded by, the sum of the interval outputs of its operating generating resources; or (b) for a Market Participant that is not a Network Service User, the amount of its Spot Market Backup; or (c) the interval scheduled deliveries of Spot Market Energy by a Market Seller from an External Resource; or (d) the interval net metered output of any other Market Seller; or (e) the interval scheduled deliveries of Spot Market Energy to an External Market Buyer; or (f) the interval scheduled deliveries to an Internal Market Buyer that is not a Network Service User.

  • PJM Interchange Import means the following, as determined in accordance with the Operating Agreement and Tariff: (a) for a Market Participant that is a Network Service User, the amount by which its interval Equivalent Load exceeds the sum of the interval outputs of its operating generating resources; or (b) for a Market Participant that is not a Network Service User, the amount of its Spot Market Backup purchases; or (c) the interval scheduled deliveries of Spot Market Energy to an External Market Buyer; or (d) the interval scheduled deliveries to an Internal Market Buyer that is not a Network Service User.

  • PJM Interchange Export means the following, as determined in accordance with the Operating Agreement and Tariff: (a) for a Market Participant that is a Network Service User, the amount by which its interval Equivalent Load is exceeded by the sum of the interval outputs of its operating generating resources; or (b) for a Market Participant that is not a Network Service User, the amount of its Spot Market Backup sales; or (c) the interval scheduled deliveries of Spot Market Energy by a Market Seller from an External Resource; or (d) the interval net metered output of any other Market Seller.

  • Interchange means the electronic exchange of Data between the Parties using the Adopted Protocol;