KCPL receives from Cochin Port Trust an unconditional
waiver of Minimum Guarantee Throughput condition without
any financial obligation on KCPL;
(ii) upon KSSPL ensuring emptying ... same will be
paid only on the Assessee obtaining waiver of Minimum Guarantee
Throughput (MGT) payable by the Assessee to Cochin Port Trust till
supplied by the assessee had helped the port to record the highest throughput in container handling among the major ports in the country ... assessee carried overall responsibilities to ensure round the clock operation and guarantee the minimum availability of the equipment as per contract.
12. He further submitted
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