Transit Period definition

Transit Period means the transit period over which the parties agree that the Goods can be delivered as set out in the Quotation or as agreed by the parties from time to time.

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Transit Period refers to the period from Valuation Date to the Completion Date; “The P.R.C.” the People’s Republic of China “SASAC” the State-owned Assets Supervision and Administration Commission

Transit Period. With respect to any In-Transit Receivable, the period of time, if any, from the date a Receivable is created until the estimated date of delivery of the related Vehicle to the related Dealer from the applicable Manufacturer. In-Transit Receivable: As of any date of determination, a Receivable that has been created but is in its In-Transit Period; it being understood that a Receivable shall be deemed an In-Transit Receivable for purposes of the Basic Documents solely during the applicable In-Transit Period, which designation as an In-Transit Receivable shall automatically terminate at the end of the related In-Transit Period with respect to such In-Transit Receivable, without any action by any party.

Examples of Transit Period in a sentence

• This means, inter alia, that the aggregate amount of compensation to which the Customer may be entitled if the Transit Period is exceeded can at the most amount to four (4) times the fee to be paid by the Customer for the Carriage (other costs and expenses incurred by the Customer as a result of such delay are thus not compensated).

• Complaints regarding delays must be submitted within 60 (sixty) days from the expiry of the Transit Period.

• Where an increase is found with the amount of the interest incurred during the Transit Period compared with that on the Valuation Date, the Transferee shall pay to the Transferor in cash a sum equal to the increased amount within one (1) month following the Completion Date.

• This means, inter alia, that the aggregate amount of compensation to which the Customer may be entitled if the Transit Period is exceeded, at the most can amount to four (4) times the fee to be paid by the Customer for the Carriage (other costs and expenses incurred by the Customer as a result of such delay are thus not compensated).

• I therefore hold that the plaintiff has discharged its burden of proving, on a balance of probabilities, that the thefts had occurred during the Transit Period.

More Definitions of Transit Period

Transit Period has the meaning specified in the relevant product terms (Annex 3).

Transit Period means the time when the relevant Vessel is on passage from:

Transit Period has the meaning specified in the relevant product terms (Annex 3). "Unloading Site" refers to the site where Green Cargo will deliver the Wagon concerned in connection with the completion of the Carriage concerned or will unload the transport unit concerned from the Wagon in connection with the completion of the Carriage concerned.

Transit Period means the period commencing on arrival at the place of collection of any vehicle provided by the Company or Carrier for transport of the Contract Waste and ending on completion of discharge of Contract Waste from such vehicle at the Company's or Client's premises.