Common use of Charges per delays Clause in Contracts

Charges per delays. The User will have an ordinary free period to perform the maneuvers of loading or unloading of the Freight, 24 (twenty four) hours (hereinafter, the “Free Period”). The Free Period for loading or unloading will begin as of 12:00 hours of the same day if they are located at that time or previously or as of 24:00 hours if they have been placed after 12:00 hours. The User will notify KCSM when concluding the maneuvers of loading of the Freight and ready for transportation or when upon concluding the unloading maneuvers from the Railroad Equipment and ready to be released to KCSM. If the loading or unloading of certain Railroad Equipment is not concluded within the Free Period and/or the User omits to send KCSM the “Car Release Format” available in the internet page of KCSM, the User must pay KCSM the relevant delay which will be collected per each period of 24:00 hours or fraction, computed as of the conclusion of the Free Period pursuant to the rates established for this concept in the Various Service Rate.

Appears in 6 contracts

Samples: www.cpkcr.com, www.kcsouthern.com, www.kcsouthern.com

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!