Common use of Interchange Clause in Contracts

Interchange. The term ‘‘interchange’’— (A) means the act of providing intermodal equipment to a motor carrier pursuant to an intermodal equipment interchange agree- ment for the purpose of transporting the equipment for loading or unloading by any person or repositioning the equipment for the benefit of the equipment provider; but (B) does not include the leasing of equip- ment to a motor carrier for primary use in the motor carrier’s freight hauling oper- ations. (Added Pub. L. 109–00, xxxxx XX, § 0000(x), Aug. 10, 2005, 000 Xxxx. 0000; amended Pub. L. 110–244, title

Interchange. The term ‘‘interchange’’— (A) means the act of providing intermodal equipment to a motor carrier pursuant to an intermodal equipment interchange agree- ment for the purpose of transporting the equipment for loading or unloading by any person or repositioning the equipment for the benefit of the equipment provider; but (B) does not include the leasing of equip- ment to a motor carrier for primary use in the motor carrier’s freight hauling oper- ations. (Added Pub. L. 109–00109–59, xxxxx XXtitle IV, § 0000(x4118(a), Aug. 10, 2005, 000 Xxxx119 Stat. 00001729; amended Pub. L. 110–244, title