United’s Obligation to Carry Cargo Sample Clauses

United’s Obligation to Carry Cargo. United shall use its best commercial efforts to carry the Cargo quantities provided by Tampa Electric. Each Month, United shall be obliged to carry at least ninety per cent (90%) of the Cargo quantity specified by Tampa Electric in the Ocean Update that Tampa Electric had issued two Months earlier, on the condition that Tampa Electric provides a Cargo quantity for that Month that is equal to or is greater than ninety per cent (90%) of the Cargo quantity specified in its Ocean Update issued two Months earlier. If, however, Tampa Electric provides Cargo in an amount that is less than ninety per cent (90%) of the quantity that it specified in the Ocean Update that it issued two Months earlier, United shall use its best efforts to carry the quantity provided by Tampa Electric and is obliged to carry at least ninety-five per cent (95%) of the quantity provided by Tampa Electric. The following are examples of United’s obligations under this Section 5.3.4: as example (a), if Tampa Electric in its December Ocean Update specified a quantity of 360,000 Tons for February and provided 360,000 Tons in February, United would be obliged to carry, in February, at least ninety per cent (90%) of that quantity, i.e., at least for 324,000 Tons. As example (b), if in the Ocean Update for December, Tampa Electric specified a quantity of 360,000 Tons for February and provided a quantity of 340,000 Tons in February, United would be obliged to carry at least 324,000 Tons. As example (c), if in the Ocean Update for December, Tampa Electric specified a quantity of 360,000 tons for February and provided a quantity of 300,000 Tons in February, United would be obliged to carry at least ninety-five per cent (95%) of 300,000 Tons, i.e., at least 285,000 Tons.
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Related to United’s Obligation to Carry Cargo

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