Volume contract definition

Volume contract means a contract of carriage that provides for the carriage of a specified quantity of goods in a series of shipments during an agreed period of time. The specification of the quantity may include a minimum, a maximum or a certain range.
Volume contract means a contract that provides for the carriage of at least 500 containers of cargo (or equivalent in revenue tonnes) in a series of 5 or more shipments during a set period of time of no less than one year.
Volume contract means a contract of carriage that provides for the carriage of a specified quantity of goods in a series of shipments during an agreed period of

Examples of Volume contract in a sentence

  • Existing Standard Term & Volume PRI customers may continue their service until their Standard Term & Volume contract expires or their service is disconnected, whichever occurs first.Moves, additions, or changes to subscribers’ existing service are not permitted.

  • To enter into a Fixed Volume contract, the farmer may be required to have a Foundation Processor agreement in place for that time period.

  • Payment is made from cruise data collected prior to harvest and not made on scale data post-harvest as with an Estimated Volume contract.

  • For ex- ample, someone could provide a component that im- plements the Volume contract and shows the current volume on the TV screen whenever the volume is changed.

  • The Protected Volume contract has a 20-year term from the commencement of production then all subsequent sales will be owned by PAET.

  • Volume contract is defined as a contract of carriage which allows for the transport of identified quantity of goods in a series of shipments during a fixed period of time.47 It means that large number of international transport contracts will be able to escape from the Rotterdam Rules based on the principle of freedom of contract approach.

  • There are three local authorities participating in the Peninsula Cost and Volume contract.


More Definitions of Volume contract

Volume contract or "Volume Sale Contract" means any contract created by acceptance by the Seller of an offer by the Buyer to supply various quantities of Marine Fuels to the Buyer at a specified port or range of ports over a specified period. Where the Seller and Buyer agree such a Volume Contract, the terms set out below at clause 22 shall apply to each individual Sale Contract and to the Volume Contract itself. When the Buyer nominates a Vessel for supply, which is accepted by the Seller, under a Volume Contract, then such a nomination becomes a separate Sale Contract governed by these GTCs and any other special conditions which may have been agreed in writing in the Sale Contract or Volume Contract.
Volume contract means a contract of carriage that provides for the carriage of a specified quantity of goods, a minimum or maximum quantity, or a quantity within a specified range, in a series of shipments during an agreed period of time.
Volume contract means a contract that provides for the carriage of a set quantity of cargo in a series of shipments during a set period of time of no less than one year. The set quantity may be a minimum, a maximum or a certain range.”
Volume contract means a contract that provides for the carriage of at least 500 containers of cargo or 7,500 revenue tons (1 revenue ton equals 1 cubic metre or 1 metric ton, whichever is the greater) in a series of 3 or more shipments during a set period of time of no less than one year.”

Related to Volume contract

  • Prime Contract means the contract between LOCKHEED MARTIN and the U.S. Government or between LOCKHEED MARTIN and its higher-tier contractor who has a contract with the U.S. Government.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Inter-connection Point means interface point of renewable energy generating facility with the transmission system or distribution system, as the case may be:

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.