BILATERAL COMMITMENT Sample Clauses
A Bilateral Commitment clause establishes mutual obligations between two parties, ensuring that both sides are bound to perform specific duties or provide certain benefits under the agreement. In practice, this means that each party's performance is contingent upon the other's, such as both parties agreeing to deliver goods and make payments according to a set schedule. The core function of this clause is to create a balanced and reciprocal relationship, reducing the risk that one party will be unfairly obligated without corresponding commitments from the other.
BILATERAL COMMITMENT. Shipper shall tender to Carrier and Carrier shall transport a series of shipments between points designated by Shipper. Carrier shall advise Shipper if it is unable to supply transportation service within the time requested by Shipper in which case Shipper may arrange other transportation. Carrier shall use its best efforts to transport shipments tendered by Shipper in a timely fashion.
BILATERAL COMMITMENT. Shipper agrees to tender to the Service Provider a continuing series of shipments moving to, from, or between facilities of Shipper or its customer or its customer's suppliers or customers in each of the United States in quantities of not less than five (5) container shipments per year.