Factor

The product type, duration and  tariff related to the original booking will continue to apply to both the selling and the receiving party.

For example: Shipper A has a capacity booking for which the annual tariff applies. He transfers (TOC) one Quarter to another party (shipper B). For both bookings the annual tariff applies. The buyer (shipper B) will receive three invoices (one per month) based on the annual tariff, not the quarterly tariff.