Common use of Review of Obligations Clause in Contracts

Review of Obligations. At least once during each 12 month period during the Term of this Agreement, the Representatives must: (a) review in good faith Appendices 1-3 with the intention of enhancing the performance of the Terminal Services, such as operating requirements, performance standards, berthing window plan and operational safety; (b) decide whether these Appendices should be varied; and (c) if the Parties agree to make any variation, ensure that it is constituted in an amendment to this Agreement, provided that if no such variations are agreed, the existing Appendices shall continue to apply.

Review of Obligations. At least once during each 12 12-month period during the Term of this AgreementTerm, the Representatives must: (a) review in good faith Appendices 1-3 and 4 with the intention of enhancing the performance of the Terminal Services, such as operating requirements, performance standards, berthing window plan and operational safety; (b) decide whether these Appendices should be varied; and (c) if the Parties agree to make any variation, ensure that it is constituted in an amendment to this Agreement, provided that if no such variations are agreed, the existing Appendices shall continue to apply.