Common use of Determination of Boil-Off Gas Volume Clause in Contracts

Determination of Boil-Off Gas Volume. At the completion of each Performance Period, Charterer shall compute BOVT during the Performance Period according to the method set forth in paragraph 4.2(a) above and the compensation, if any, due from Owner to Charterer as a result of the Vessel not meeting the guaranteed boil-off rate specified in Article 27 and Schedule I of this Charter.

Appears in 2 contracts

Samples: Technology License Agreement (Exmar Energy Partners LP), Exmar Energy Partners LP

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Determination of Boil-Off Gas Volume. At the completion of each Performance Period, Charterer shall compute BOVT during the Performance Period according to the method set forth in paragraph 4.2(a) above and the compensation, if any, due from Owner to Charterer as a result of the Vessel not meeting the guaranteed boil-off rate specified in Article 27 Error! Reference source not found. and Schedule I of this Charter.

Appears in 2 contracts

Samples: LNG Vessel Time Charter Party (Exmar Energy Partners LP), Exmar Energy Partners LP

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