Port Limits definition
Examples of Port Limits in a sentence
The Concessioning Authority shall not operationalise any additional facility within Port Limits for handling (specify cargo)_either on its own or through any other Person until the earlier of (i) 5 (five) years from the Scheduled Project Completion Date; or (ii) the average annual volume of cargo handled at the Project Facilities and Services reaches a level of 75% (seventy five percent) of Project Capacity for 2 (two) consecutive years (“Exclusivity Period”).
The Concessioning Authority shall not operationalise any additional facility within Port Limits for handling dry bulk cargo either on its own or through any other Person until the earlier of (i) 5 (five) years from the Scheduled Project Completion Date; or (ii) the average annual volume of cargohandled at the Project Facilities and Services reaches a level of 70% of Project Capacity for 2 (two)consecutive years (“Exclusivity Period”).
The Concessioning Authority shall not operationalise any additional facility within Port Limits for handling _ (specify cargo) _either on its own or through any other Person until the earlier of (i) 5 (five) years from the Scheduled Project Completion Date; or (ii) the average annual volume of cargo handled at the Project Facilities and Services reaches a level of 70% of Project Capacity for 2 (two) consecutive years (“Exclusivity Period”).
The Operator shall not operationalise any additional facility within Port Limits for handling cargos either on its own or through any other Person.
The Concessioning Authority shall not operationalise any additional facility within Port Limits for handling liquid cargo including bunker fuel_either on its own or through any other Person until the earlier of (i) 5 (five) years from the Scheduled Project Completion Date; or (ii) the average annual volume of cargo handled at the Project Facilities and Services reaches a level of 75% (seventy five percent) of Project Capacity for 2 (two) consecutive years (“Exclusivity Period”).