In-Transit Time in Port Incentive

The Company will pay to the CRUISE OWNER the sum of EIGHTY-FIVE CENTS ($0.85) per passenger who have paid in full the assessed passenger fee or head tax established in the effective port tariff or its equivalent, for every cruise ship in transit that remains in any port in the jurisdiction of Puerto Rico for a period of not less than eight (8) hours. Subject to the dispositions of the Section 2.1 (b) of this Regulation, this In-Transit Time in Port Incentive will be paid by the Company in not less than thirty (30) calendar days upon receipt from the CRUISE OWNER of its invoice for the prior month evidencing arrival and departure times per cruise ship."