Demurrage. If as a result of the Customer's actions and unless permission is granted by the Company, if the Equipment is not returned during or at the end of the term, then for every hour, or portion thereof, from the end of the term to the time when the Equipment is returned to the Company, as required herein, the Customer shall pay a rental rate equal to three (3) times (x) the standard hourly rental rate for such equipment.
Demurrage. Operator assumes no liability for demurrage (whether related to marine movements or otherwise), except if such demurrage is the result of Operator’s negligence or willful misconduct or except as provided in an applicable Terminal Service Order.
Demurrage. 10.3.1 Demurrage at the unload port(s), if any and according to above mentioned if caused by the buyer, will be paid by the buyer. Otherwise, it is paid by the seller. Demurrage will be counted in accordance with charter party.
Demurrage. (a) The Buyer shall pay demurrage in U.S. Dollars at the rate specified below for each running hour and pro rata for each part of an hour, for all time that running laytime exceeds the allowed laytime. Should the Vessel be discharged for the account of two
Demurrage. (a) The Seller shall pay demurrage in U.S. Dollars at the rate specified below for each running hour and pro rata for each part of an hour, for all time that running laytime exceeds the allowed laytime. Should the Vessel be loaded for the account of two (2) or more parties at a single berth, the Seller shall be liable only for its pro rata share of demurrage incurred at the berth or terminal based on the part cargo volume loaded for the Seller’s account as a percentage of total gross volume of cargo loaded at that berth or terminal. However, the Seller shall not be liable for any portion of demurrage incurred solely attributable to the other Party(ies). Under no circumstances shall the Seller be required to pay demurrage in excess of that paid by Xxxxx to the Vessel owner.
Demurrage. (i) If the nominated cargo is not loaded within the time allowed in accordance with section 9.8.a, the time so allowed shall be extended till the commencement of final disconnection of hoses/chickson after completion of loading, and Seller shall pay to the Buyer demurrage in currency USD/day in respect of the excess time at the appropriate rate per day (or pro-rata for part of the day) as herein specified. In the event of delay directly attributable to fire or explosion or breakdown of failure of equipment, plant or machinery at the Loading Terminal, the rate of demurrage shall be reduced by half for the period of such delay.
Demurrage. 16.1 At the loading port it is on seller’s account.
Demurrage. In the event that demurrage is payable to the applicable owner or operator of any Vessel, pursuant to the applicable Charter, and such demurrage is attributable solely to delay caused by Owner’s breach of its obligations pursuant to Section 5.11 of this Agreement, then Owner shall reimburse Customer for the amount of such demurrage paid to the applicable owner or operator with respect to the delayed Vessel; provided, that the cost of demurrage shall not exceed $15,000 per day. In all other cases, Customer shall be responsible for and shall pay demurrage to the applicable owner or operator of any Vessel in connection with this Agreement.
Demurrage. The Customer agrees that the Company will not be liable to compensate the Customer for demurrage or any associated loss or damage arising from loading, unloading or storing the Goods.
Demurrage. 2.6.1 In circumstances where Xxxxx is required under the Contract to unload the Goods, if Xxxxx has not unloaded the Goods within the time allowed in accordance with the laytime provisions of the Contract, Buyer shall pay Seller demurrage in respect of the excess time at the demurrage rate set out in the Contract within five (5) Business Days after the issuance of the relevant invoice by Seller, unless Buyer provides documentary proved evidence arguing the Seller’s demurrage claim within Claim period. The period for Seller’s demurrage claim consideration by the Buyer shall be 30 (thirty) days upon receipt of the demurrage claim (Claim period).
