Empty Container definition
Examples of Empty Container in a sentence
The term of the current lease between PHA and the lessee of the Empty Container Facility shall expire on April 30, 2021.
Carrier may at its option obtain services for depot services and maintenance and repair work for empty refrigerated containers and tanks outside of the designated Empty Container Facility on PHA property, provided such vendor meets required labor standards as outlined in the International Longshoremen’s Association, AFL-CIO master contracts.
Carrier may dispatch empty refrigerated containers and tanks directly from Barbours Cut Terminal and exempt such empty refrigerated containers and tanks from being moved to and from the designated Empty Container Facility on PHA property, as reasonably requested.
PHA’s lease with the Empty Container Facility operator shall provide that any annual increase in rates for Empty Container Facility services shall not exceed five percent (5%) of the rate then in effect.
Notwithstanding the provisions of Section 4 (a) and (b) above, PHA shall have no obligation after April 30, 2021 to lease the Empty Container Facility to the current tenant or any other entity or to assume the responsibility or expense for moving Carrier’s empty containers between their assigned point of rest at Barbours Cut Terminal and any lessee-operated empty container facility on PHA property within Barbours Cut Terminal.
Upon expiration of the current lease between PHA and the lessee of the Empty Container Facility, PHA or PHA’s designee will provide empty container handling services to Carrier as defined in the Tariffs at its facilities using the rates provided in Section 3 of this Agreement.
The Empty Container Facility Lease provides that the annual increase in any Miscellaneous Fee rate (as defined therein) for Empty Container Facility services shall not exceed five percent (5%) of the Miscellaneous Fee rate then in effect or the Cost Adjustment (as defined therein) applied to the Miscellaneous Fee rate then in effect.
Notwithstanding the provisions of Section 5 (a) and (b) above, PHA shall have no obligation after April 30, 2021 to lease the Empty Container Facility to the current tenant or any other entity or to assume the responsibility or expense for moving Carrier’s empty containers between their assigned point of rest at Barbours Cut Terminal and any lessee-operated empty container facility on PHA property within Barbours Cut Terminal.
PHA retains the sole and absolute discretion to, on a case-by-case basis, allow empty container inventories greater than the Empty Container Space Allocation.
In the event the actual empty inventory exceeds the Empty Container Space Allocation, PHA will provide a seven-day notice to Carrier to reduce its inventory.