Undertaking and Purpose. Subject to the terms and conditions hereinafter set forth, COSCON shall sell and HSD shall purchase Slots on a used or unused basis on Vessels operated in the geographic scope defined in Article 4 hereof for the carriage of Containers of the volume and on the terms hereinafter further defined (the “Slot Charter”). This Agreement shall further serve to authorize the Parties to enter into further agreements as provided under Article 16 herein. Each Party undertakes to meet its commitment and pay any and all amounts as hereunder described.
Appears in 5 contracts
Samples: Charter Agreement, Charter Agreement, Charter Agreement