Common use of Minimum Guaranteed Cargo Clause in Contracts

Minimum Guaranteed Cargo. The Concessionaire hereby unconditionally guarantees the Concessioning Authority annual cargo of the levels set out in Appendix 13 (“Minimum Guaranteed Cargo”) and agrees that except as provided in this Agreement, it shall not be entitled to any relaxation of its guarantee in this respect.

Minimum Guaranteed Cargo. The Concessionaire hereby unconditionally guarantees the Concessioning Authority annual cargo Captive Cargo handling of the levels set out in Appendix 13 14 (“Minimum Guaranteed Cargo”) and agrees that except as provided in this Agreement, it shall not be entitled to any relaxation of its guarantee in this respect. In the event of shortfall in achieving Minimum Guaranteed Cargo, the Concessionaire shall pay the wharfage charges for the full Minimum Guaranteed Cargo.

Minimum Guaranteed Cargo. The Concessionaire hereby unconditionally guarantees the Concessioning Authority annual cargo handling of the levels set out in Appendix 13 14 (“Minimum Guaranteed Cargo”) and agrees that except as provided in this Agreement, it shall not be entitled to any relaxation of its guarantee in this respect.