DEMURRAGES a. If demuraes have been caused by te Buyer’s discharge terminal then the corresponding amount shall be borne by the Buyer to be paid to the Seller at sight
DEMURRAGES. 20.3.1 Demurrages at both load and discharge ports, if any and if not caused by Xxxxx’s nominated discharge terminal, will be paid by the Seller to the Buyer at sight, at first and simple written request. Conversely, if demurrages have been caused by the Buyer’s discharge terminal, then the corresponding amount shall be borne by the Buyer to be paid to the Seller at sight, at first and simple written request. Time shall not count against playtime or if the vessel is on demurrage, or demurrage when spent or load.
20.3.2 Demurrages amount shall be computed at the chartered party rate. For this purpose, seller shall provide the buyer with a copy of the original charter party.
20.3.3 Demurrages will be based on daily rate or pro – rata thereof.
20.3.4 If the vessel arrives at the discharge terminal ahead of range of days in accordance with clause 20.1.3, such notice shall only be effective as from 00:01 hours on the first of these days, unless the discharge terminal begins to discharge the vessel before such time. In the case of the vessel arriving later than the range of days accepted, the discharge terminal will use its best efforts to minimize the delay to discharge. However, in such cases, LAYTIME will only start to count upon the vessel being all – fast in berth.
DEMURRAGES. 20.3.1 Demurrages at both load and discharge ports, if any and if not caused by Xxxxx’s nominated discharge terminal, will be paid by the Seller to the Buyer at sight, at first and simple written request. Conversely, if demurrages have been caused by the Buyer’s discharge terminal, then the corresponding amount shall be borne by the Buyer to be paid to the Seller at sight, at first and simple written request. Time shall not count against playtime or if the vessel is on demurrage, or demurrage when spent or load.
20.3.2 Demurrages amount shall be computed at the chartered party rate. For this purpose, seller shall provide the buyer with a copy of the original charter party.
20.3.3 Demurrages will be based on daily rate or pro – rata thereof. of the vessel arrives at the discharge terminal ahead of range of days in accordance with clause 20.1.3, such notice shall only be effective as from 00:01 hours on the first of these days, unless the discharge terminal begins to discharge the vessel before such time. In the case of the vessel arriving later than the range of days accepted, the discharge terminal will use its best efforts to minimize the delay to discharge. However, in such cases, LAYTIME will only start to count upon the vessel being all – fast in berth.
21.1 In case the Seller is not able to deliver to the Buyer in due time the set of original bills of lading of each cargo’s batch, and then the Seller must provide the Buyer with a hard – copy of letter of indemnity to temporarily missing original bills of lading.
21.2 Wording of this letter indemnity to be acceptable to the Buyer and shall cease to have effect upon presentation of the original bills of lading.
21.3 In the event of unusual circumstances, which prevent the seller from presenting to the Buyer the original bills of lading within a Sixty (60) day period, the seller agrees to provide the buyer and the buyer agrees to accept a second and subsequent letter of indemnity covering the cargo batch in question.
DEMURRAGES. 1) Demurrages at discharge ports, if any and if not caused by Buyer's nominated discharge terminal, will be paid by the Seller to the Buyer at sight, at first and simple written request. Conversely, if demurrages have been caused by the Buyer's discharge terminal then the corresponding amount shall be borne by the Buyer to be paid to the Seller at sight, at first and simple written request.
2) Demurrage amounts shall be computed at the Chartered Party Agreement rate. For this purpose, Seller shall provide the Buyer with a copy of the original Charter Party Agreement. In lieu of said rate, demurrage shall be computed by applying the current London Tanker Brokers Panel's Monthly Average Freight Rate Assessment (A.F.R.A.) applicable to vessel of a similar size as provided for in the Worldwide Tanker Nominal Freight scale (World scale) as amended from time to time, or such other Freight Scale as may be issued in replacement thereof.
3) Demurrages will be based on daily rate or pro-rata thereof.
DEMURRAGES. 21.3.1 Demurrages at both load and discharge ports, if any and if not caused by Buyer’s nominated discharge terminal, will be paid by the Seller to the Buyer at sight, at first and simple written request. Conversely, if demurrages have been caused by the Buyer’s discharge terminal, then the corresponding amount shall be borne by the Buyer to be paid to the Seller at sight, at first and simple written request. Time shall not count against laytime if the vessel is on demurrage.
21.3.2 Demurrages amount shall be computed at the Chartered party rate. For this purpose, Seller shall provide the Buyer with a copy of the original Charter Party.
21.3.3 Demurrages will be based on daily rate or pro-rata thereof.
21.3.4 If the vessel arrives at the discharge terminal ahead of the range of days in accordance with clause 20.1.1, such notice shall only be effective as from 00.01 hours on the first of these days, unless the discharge terminal begins to discharge the vessel before such time. In the case of the vessel arriving later than the range of days accepted, the discharge terminal will use its best efforts to minimize the delay to discharge. However, in such cases, LAYTIME will only start to count upon the vessel being all-fast in berth.
DEMURRAGES. If demurrages have been caused by the Buyer’s discharge terminal then the corresponding amount shall be borne by the Buyer to be paid to the Seller at sight.
DEMURRAGES. 7.4.1. Demurrages at discharge port, if any and if not caused by Xxxxx's nominated discharge terminal, will be paid by the Seller to the Buyer at sight. Conversely, if demurrages have been caused by the Buyer's discharge terminal then the corresponding amount shall be borne by the Buyer to be paid to the Seller at sight.
7.4.2. Demurrages will be based on daily rate or pro-rata as per Charter Party thereof.
DEMURRAGES. 19.4.1. Demurrages at discharge port, if any and if caused by the Buyer's discharge terminal then the corresponding amount shall be borne by the Buyer to be paid to the Seller at sight, at first and simple written request.
19.4.2. Demurrage amounts shall be computed at the Chartered Party Agreement rate. For this purpose, Seller shall provide the Buyer with a copy of the original Charter Party Agreement. In lieu of said rate, demurrage shall be computed by applying the current London Tanker Brokers Panel's Monthly Average Freight Rate Assessment (A.F.R.A.) applicable to vessel of a similar size as provided for in the Worldwide Tanker Nominal Freight scale (World scale) as amended from time to time, or such other Freight Scale as may be issued in replacement thereof.
19.4.3. Demurrages will be based on daily rate or pro-rata thereof.
DEMURRAGES. 19.3.1. Buyer shall be responsible for demurrage on Seller’s vessel after successful completion of Q & Q by buyer’s nominated Inspectors. The rate shall be calculated at the charter rate per day multiplied by the number of days such vessel is at standby waiting. Demurrages amount shall be computed at the Chartered Party rate. Demurrage will be based on daily rate or pro-rata thereof.
DEMURRAGES i. Buyer to communicate in writing if he finds any of the assets (Cylinder, Valve, Pallet etc.) supplied by the Seller to be damaged/defective within 24 hours from the receipt of material.
ii. After receipt of the assets at Seller’s plant, Seller shall conduct inspection of the assets and intimate Buyer within 2 working days for any damages/breakdown/intervention to the Buyer.
iii. In case of breakdowns/damage of assets of the Seller caused by the Buyer, its agents, contractors or third Parties at the Location, for the first incident; Rs. 10,000 or the costs (including labor costs) of maintenance and repair, replacement, to be performed by the Seller, whichever is higher, will be invoiced by the Seller to the Buyer for conditions below and Buyer shall clear the same immediately from the receipt of invoice including without limitation:
(a) Any mistake, deliberate or not, made by the Buyer, it’s agents, contractors or third Parties at the Location;
(b) Any intervention on the assets of the Seller made by the Buyer, it’s agents, contractors or third Parties at the Location, without Seller’s prior approval.
iv. In case of subsequent repetition of similar breakdown/damages Buyer will be warned by the Seller & invoiced Rs. 50,000 or 3 times the actual cost, whichever is higher,
v. However, if the similar incidents are repeated, Buyer will have the Right to stop supplies or terminate the contract without any contractual obligation on the Seller.
