Common use of Allowed Laytime Clause in Contracts

Allowed Laytime. 7.5.1 Subject to Clause 7.5.2, the period of time allowed for the Operator to unload each LNG Vessel (“Allowed Laytime”) shall be thirty-six (36) consecutive hours, provided that the volume of LNG to be unloaded is less than or equal to one hundred sixty-six thousand seven hundred cubic meters (166,700 m3). Allowed Laytime for an LNG Vessel shall commence once it is safely berthed (all fast) alongside the FSRU. If the volume of LNG to be unloaded is greater than one hundred sixty-six thousand seven hundred cubic meters (166,700 m3), subject to Clause 7.5.2, the Allowed Laytime shall be thirty-six (36) hours plus one (1) hour per additional six thousand cubic meters (6,000 m3) (or pro rata for any part of an additional six thousand cubic meters (6,000 m3)).

Appears in 4 contracts

Samples: Terminal User Agreement, Terminal User Agreement, Terminal Use Agreement

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