Common use of AND PURPOSE Clause in Contracts

AND PURPOSE. Subject to the terms and conditions hereinafter set forth, and CSCL undertake to allow each other to charter Slots on their Vessels for the carriage of Containers of the volume and on the terms hereinafter further defined. Each Party undertakes to meets its commitment and pay any excess slot capacity to be chartered by it as hereunder

AND PURPOSE. Subject to the terms and conditions hereinafter set forth, and CSCL undertake to allow each other to charter Slots on their Vessels for the carriage of Containers of the volume and on the terms hereinafter further defined. Each Party undertakes to meets its commitment and pay any excess slot capacity to be chartered by it as hereunderhereunder described.