TEU Rate definition

TEU Rate means the rate that the terminal operator shall charge the carrier for each TEU (loaded or unloaded) transferred either to or from vessels calling the Port, in lieu of the Dockage and Wharfage rates otherwise applicable in the tariff (Port of Miami-Dade Tariff. TEU rate expressly does not apply to shifted or re-stowed containers (meaning containers temporarily removed from vessel solely to access
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TEU Rate means the rate that the terminal operator shall charge the carrier for each TEU (loaded or unloaded) transferred either to or from vessels calling the Port, in lieu of the Dockage and Wharfage rates otherwise applicable in the tariff (Port of Miami-Dade Tariff. TEU rate expressly does not apply to shifted or re-stowed containers (meaning containers temporarily removed from vessel solely to access other containers and then stowed back on the vessel). For clarification purposes, a forty (40) foot container discharged from a vessel to the terminal area and then discharged off the Port via truck,
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Examples of TEU Rate in a sentence

  • However, notwithstanding the manner of calculation of TEU throughput, Seaboard will be responsible for paying to the Port the equivalent full TEU Rate for all TEUs falling under Tier I in Exhibit “A”.

  • Trans-shipped TEUs will count towards TEU throughput calculations, but only if future rates for Trans-shipped TEUs are equal to or greater than the then-applicable Tier I TEU Rate.

  • First Incremental Premises TEU Charges” shall mean those amounts of monetary compensation, in addition to and not as a substitute for the Fourth Amendment MAG, which Tenant shall pay to City on each and every Premises TEU in the applicable First Incremental Premises TEU Rate Range which exceed the Fourth Amendment MAG Premises TEU Thresholds, as set forth on the Fourth Amendment Compensation Schedule attached hereto as Exhibit "P”.

  • Seaboard cargo on a non-Seaboard vessel as part of a VSA shall count towards Actual TEU Throughput totals, but any non-Seaboard cargoes on a non-Seaboard vessel, which is part of a Seaboard VSA, although counting towards the Actual TEU Throughput, shall be assessed at the higher of the then-applicable Seaboard Tier I TEU Rate or the average of the highest Base or Tier I TEU Rates of the other cargo terminal operators at the Port.

Related to TEU Rate

  • Reference Rate means the rate specified as such hereon.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • EURIBOR Rate has the meaning specified in the definition of “Eurocurrency Rate”.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Loan Assets included in the Aggregate Adjusted Borrowing Value, the number obtained by (a) summing the products obtained by multiplying (i) the Advance Rate of each Eligible Loan Asset by (ii) such Eligible Loan Asset’s contribution to the Aggregate Adjusted Borrowing Value and dividing (b) such sum by the Aggregate Adjusted Borrowing Value.

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • Applicable Reference Rate means, collectively or individually, Term SOFR, Daily Compounded XXXXX, XXXXX or the EURIBOR Rate.