Free Storage Period definition

Free Storage Period means the period of time specified by the Authority during which a container, trailer, chassis or break bulk cargo may occupy space assigned to it free of store rent charges;
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Free Storage Period means the period of time during which cargo may remain in a designated storage area without accruing storage rent;
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Free Storage Period. Means specified periods during which cargo or containers handled over the quay may occupy space assigned to it in the Port free of storage charges, either prior to the loading or subsequent to the discharge of such cargo or containers. For the purpose of computing storage charges, free period for Imports and Transhipment cargo shall commence from the next day of completion of discharge of the vessel. Export cargo free period shall start from the day of receipt. A day refers to 24 continuous hours running from 0001 hours (midnight). Part of the day shall be deemed as a whole day.Free days shall run consecutively and shall include Saturdays, Sundays and public holidays.
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Examples of Free Storage Period in a sentence

  • The free storage period for all empty containers is 7 day whether the containers are in ACT & MCT for transshipment, re-export, import or export.The basis of calculating the Free Storage Period will be in accordance to the status of the container as per (a), (b) and (c) above.

  • The free storage period for all transhipment reefer containers is 7 days The basis of calculating the Free Storage Period will be in accordance to the status of the container as per (a), (b) and (c) above.

  • After the expiry of the Free Storage Period, DGIPL shall be entitled to levy storage charges for such Customer Gold at such rate as would be specified on the Platform, and which may be revised from time to time.

  • In the event Company does not request in writing either the return or storage of the Samples in accordance with the immediately preceding sentence within 30 days following Company’s receipt of written notice from Stratum that the Free Storage Period has expired, Stratum may, in its sole discretion, retain, dispose or destroy the Samples at Company’s cost.

  • Free Storage Period (FSP)A carrier offers a period of time, normally three to five days, at destinations whereby imported containers or cargo are allowed to be taken for delivery by consignees free of any storage charge.

  • In case of Ocean Transport, including storage subsequent to the carriage in or near to the Port of Discharge as indicated in box 9 overleaf, the liability of the Carrier for loss of or damage to the Goods shall commence as per clauses (a) or (b) above, as the case may be, and continue after discharge from the Vessel for a maximum period of the Free Storage Period, during which period the Carrier will arrange for proper storage of the Goods.

  • At any rate, PNSA will not be responsible for the cargo left in its Facilities beyond the time agreed after the Loading of the Ship (s) associated to that Cargo, or beyond the Free Storage Period established in these Rule, whichever is later.

  • The deadline can only be given after The Supplier has provided a valid release reference and if the Free Storage Period of that reference has ended.

  • If Samples to be stored beyond the Free Storage Period are stored in Stratum furnished rental Containers, then, in addition to applicable monthly Sample storage charges, Company shall pay Stratum for any related Container rental charges.

  • In case the Merchant does not take delivery of the Goods prior to the termination of the Free Storage Period, the Goods will be deemed to have been placed at the disposal of the Merchant and delivered on the moment and in the manner as described in article 9 (2) hereof, and the Carrier will be relieved from all liability.


More Definitions of Free Storage Period

Free Storage Period means the time after the Invoice Date in which The Seller covers the cost for
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Free Storage Period means the time after the Invoice Date in which The Seller covers the cost for 35 storage. The Free Storage Period is negotiated between The Buyer and The Seller and indicated on the 36 Invoice.
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Free Storage Period means the period of storage subsequent to the Sea Carriage in case of Ocean Transport as described in clause 3 (2) (c), or in case of Combined Transport as described in clause 3 (3) (b) hereof, the duration whereof is to be indicated overleaf in box
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Free Storage Period means the time after the Release Date in which The Supplier covers the cost for storage.
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Related to Free Storage Period

  • Coverage Period means the time period specified on the Declarations Page beginning on the effective date and ending on the expiration date. All dates are as of 12:01 AM in the time zone of the Policyholder.

  • Free Period means any Period other than the Prohibited Period.

  • Hire Period means the period commencing when the Customer holds the Hire Goods on hire (including Saturdays Sundays and Bank Holidays) and ending upon the happening of any of the following events:

  • Service Period has the meaning given to it in Framework Schedule 4 (Template Order Form and Template Call Off Terms) as refined by a Contracting Body in a Call Off Agreement between that Contracting Body and the Supplier;

  • Bonus Period means the period for which a Bonus is payable. Unless otherwise specified by the Board, the Bonus Period shall be the fiscal year of the Company.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Use Period means the period commencing on the date that the ABL Agent or an agent acting on its behalf (or an ABL Credit Party acting with the consent of the ABL Agent) commences the liquidation and sale of the ABL Priority Collateral in a manner as provided in Section 3.6 hereof (having theretofore furnished the Controlling Term Agent with an Enforcement Notice) and ending 180 days thereafter. If any stay or other order that prohibits any of the ABL Agent, the other ABL Secured Parties or any ABL Credit Party (with the consent of the ABL Agent) from commencing and continuing to Exercise Any Secured Creditor Remedies or from liquidating and selling the ABL Priority Collateral has been entered by a court of competent jurisdiction, such 180-day period shall be tolled during the pendency of any such stay or other order and the Use Period shall be so extended.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Planning Period means the 12 moths beginning June 1 and extending through May 31 of the following year, or such other period approved by the Members Committee.

  • Base Period means (i) the test period ending December 31, 2010 (or, if the Commission has elected to stagger its biennial reviews of utilities as provided in subdivision 1, the test period ending December 31, 2010, for a Phase I Utility, or December 31, 2011, for a Phase II Utility), or (ii) the most recent test period with respect to which credits have been applied to customers' bills under the provisions of this subdivision, whichever is later.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Billing cycle or billing period means the period for which regular electricity bills as specified by the Commission, are prepared for different categories of consumers by the licensee;

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Marketing Period means fifteen (15) consecutive Business Days after the date on which both the Required Marigold Vote and Required Montage Vote have been received (a) commencing on the date Montage shall have received the Required Financial Information, all of which is Compliant, provided, that, if Marigold shall in good faith reasonably believe it has provided the Required Financial Information, it may deliver to Montage a written notice to that effect (stating when it believes it has completed such delivery), in which case Marigold shall be deemed to have complied with its obligation to provide the Required Financial Information on the date of delivery of such notice, unless Montage in good faith reasonably believes Marigold has not completed the delivery of the Required Financial Information and within three (3) Business Days after the delivery of such notice by Marigold, delivers a written notice to Marigold to that effect (stating with specificity which Required Financial Information Marigold has not delivered), and (b) throughout which nothing has occurred and no condition exists that would cause any of the conditions set forth in Section 7.1 and Section 7.2 to fail to be satisfied, assuming the Closing were to be scheduled for any time during such fifteen (15) Business Day period; provided, however, that (i) the Marketing Period shall end on any earlier date on which the Transaction Financing is consummated and Montage shall have obtained all of the proceeds contemplated thereby, (ii) the Marketing Period shall not be deemed to have commenced if, prior to the completion of such fifteen (15) Business Day period, (A) Deloitte & Touche LLP shall have withdrawn its audit opinion with respect to any year end audited financial statements set forth in the Required Financial Information, in which case the Marketing Period shall be deemed not to commence unless and until a new unqualified audit opinion is issued with respect to such year end audited financial statements by Deloitte & Touche LLP or another independent registered accounting firm reasonably acceptable to Montage, (B) Marigold shall have publicly announced, or the Marigold Board shall have determined, that a restatement of any material financial information included in the Required Financial Information is required, in which case the Marketing Period shall be deemed not to commence unless and until such restatement has been completed and the applicable Required Financial Information has been amended to reflect such restatement or Marigold has determined that no restatement shall be required or (C) the Required Financial Information is not Compliant (it being understood, for the avoidance of doubt, that if at any time during the Marketing Period the Required Financial Information provided on the first day of the Marketing Period ceases to be Compliant, then the Marketing Period shall be deemed not to have commenced) and (iii) (x) November 25, 2016 shall not be deemed to be a Business Day for purposes of calculating such fifteen (15) consecutive Business Days period and (y) such period (1) shall commence no earlier than January 4, 2016, (2) shall either have been completed prior to August 19, 2016 or shall not commence until September 7, 2016 and (3) shall either have been completed prior to December 21, 2016 or shall not commence until January 2, 2017.

  • Grant Period means the period between Effective Date and Expiration Date of the Grant Award Agreement during which time expenditure of all grant funds and all contributions to match must be made.

  • Billing Period means (subject to Article 6.1 of the Agreement) the calendar month ending with the Metering Date. The first Billing Period shall commence from the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.

  • Free look period means the period of time during which a borrower may cancel a guaranteed asset protection waiver without penalty, fees, or costs to the borrower. A free look period must begin on the effective date of the guaranteed asset protection waiver, and the term of a free look period must be at least 30 days.

  • Post-Change Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the second anniversary of the occurrence of such Change in Control.