Examples of Constructive Placement in a sentence
In the event that the dock, midstream facility or fleet designated by Shipper or Consignee is unable to accept Carrier’s barge for any reason at the time it is tendered by Carrier, Carrier may deliver the barge to an alternate location where space is available, and the barge shall be deemed constructively placed in the possession of Shipper or Consignee at the time of physical delivery to the alternate location (Constructive Placement).
If the Constructive Placement of the barge occurs prior to the Barge Loading Date, Laytime shall begin running, at the earlier of, 0700 hours on the Barge Loading Date or 0700 hours following the time at which loading commences (if loading commences prior to 0700 hours, then Laytime begins running at 0700 hours on that day; if loading commences after 0700 hours Laytime begins running on the following day at 0700 hours).
Bidders must use the Proposal for Redevelopment with Exhibits D-1, D-2, and D-3 provided, and may not alter the forms in any way.
Time used for loading and/or unloading will be calculated from 0700 hours of the day immediately following the actual or Constructive Placement of Carrier’s barge and shall continue to 0700 hours of the day immediately after the barge has been released to Carrier.
Should Tampa Electric fail to provide the First Notice and Second Notice, United shall be liable only for such charges levied as the direct result of barge Constructive Placement twenty four (24) hours or more after notice by electronic mail by Tampa Electric of the actual or Constructive Placement of the train.