Common use of GEOGRAPHIC SCOPE OF AGREEMENT Clause in Contracts

GEOGRAPHIC SCOPE OF AGREEMENT. The geographic scope of the Agreement shall extend to the trades, via direct service or transshipment, between (a) Asia and the Middle East and the U.S. Pacific Coast; (b) Asia and the Middle East and the U.S. Atlantic and Gulf Coasts; and (c) Europe and the U.S. Atlantic and Gulf Coasts (collectively, the “Trade”).1 The specific countries within the scope of the Agreement are set forth in Appendix A hereto. It is understood and agreed that any Party may use slots provided to it hereunder to move cargo between coastal locations (subject to applicable law and such criteria as the Parties may establish from time to time) or to move cargo from any origin to any destination worldwide via feeder, transshipment or other arrangements. It is further understood that this Agreement is non-exclusive, and that each of the Parties is entitled to operate vessels and enter cooperation agreements in the Trade outside of this Agreement.

Appears in 3 contracts

Sources: Cooperative Working Agreement, Cooperative Working Agreement, Cooperative Working Agreement