Common use of Bunkers at Delivery and Redelivery Clause in Contracts

Bunkers at Delivery and Redelivery. There shall be no physical payment for bunkers on board at the time of delivery. Owners shall on redelivery (whether it occurs at the end of the charter or on the earlier termination of this charter) accept and pay for all bunkers remaining on board, at the price actually paid, on a “first-in-first-out” basis. Such prices are to be supported by paid invoices. Vessel to be delivered to and redelivered from the charter with, at least, a quantity of bunkers on board sufficient to reach the nearest main bunkering port. Notwithstanding anything contained in this charter all bunkers on board the vessel shall, throughout the duration of this charter, remain the property of Charterers and can only be purchased on the terms specified in the charter at the end of the charter period or, if earlier, at the termination of the charter.

Appears in 8 contracts

Samples: Time Charter Party (Double Hull Tankers, Inc.), Time Charter Party (Double Hull Tankers, Inc.), Time Charter Party (Double Hull Tankers, Inc.)

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Bunkers at Delivery and Redelivery. There Charterers shall be no physical payment accept and pay for all bunkers on board at the time of delivery. , and Owners shall on redelivery (whether it occurs at the end of the charter or on the earlier termination of this charter) accept and pay for all bunkers remaining on board, at the price actually paid, on a “first-in-first-out” basis. Such prices are to be supported by paid invoices. Vessel Vessels to be delivered to and redelivered from the charter with, at least, a quantity of bunkers on board sufficient to reach the nearest main bunkering port. Notwithstanding anything contained in this charter all bunkers on board the vessel shall, throughout the duration of this charter, remain the property of Charterers and can only be purchased on the terms specified in the charter at the end of the charter period or, if earlier, at the termination of the charter.

Appears in 4 contracts

Samples: Time Charter Party (OSG America L.P.), Time Charter Party (OSG America L.P.), Time Charter Party (OSG America L.P.)

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Bunkers at Delivery and Redelivery. There Charterers shall be no physical payment accept and pay for all bunkers on board at the time of delivery. , and Owners shall on redelivery (whether it occurs at the end of the charter or on the earlier termination of this charter) accept and pay for all bunkers remaining on board, at the price actually paid, on a “first-in-first-out” basis. Such prices are to be supported by paid invoices. Vessel to be delivered to and redelivered from the charter with, at least, a quantity of bunkers on board sufficient to reach the nearest main bunkering port. Notwithstanding anything contained in this charter all bunkers on board the vessel shall, throughout the duration of this charter, remain the property of Charterers and can only be purchased on the terms specified in the charter at the end of the charter period or, if earlier, at the termination of the charter.

Appears in 3 contracts

Samples: Time Charter Party (OSG America L.P.), Time Charter Party (OSG America L.P.), Time Charter Party (OSG America L.P.)

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