Excess Boil-Off Clause Samples
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Excess Boil-Off. 7.6.1 If in relation to any:
(a) Cargo delivered to the FSRU; or
(b) cargo loaded from the FSRU, the Actual Laytime exceeds the Allowed Laytime, the Operator shall pay to the User a sum to compensate the User for excess Boil Off from the affected LNG Vessel, determined as: H × RBO × LNG Price where:
7.6.2 The Operator shall only be required to compensate the User for the amount in respect of excess Boil Off calculated pursuant to Clause 7.6.1 to the extent that the Operator has received the corresponding amount from the FSRU Owner.
Excess Boil-Off. If an LNG Vessel is delayed in berthing at the Sabine Pass Facility and/or commencement of LNG transfer due to an event occurring at the Sabine Pass Facility and for a reason that would not result in an extension of Allotted Berth Time under Section 8.7, and if, as a result thereof, the commencement of LNG transfer is delayed beyond twenty-four (24) hours after the Notice of Readiness is effective; then, for each full hour by which commencement of LNG transfer is delayed beyond such twenty-four (24) hour period, SABINE shall pay Customer as liquidated damages an amount, on account of excess boil-off, equal to the ▇▇▇▇▇ Hub Price for the month in which the delay occurs multiplied by the quantity in MMBTUs equal to 0.0052% of the Cargo. Customer shall invoice SABINE for such excess boil-off pursuant to Section 11.2. This provision shall not apply if the LNG Vessel has onboard reliquefaction capability for boil-off.
Excess Boil-Off. If an LNG Vessel is delayed in berthing at the Sabine Pass Facility and/or commencement of unloading due to an event occurring at the Sabine Pass Facility and for a reason that would not result in an extension of Allotted Unloading Time under Section 8.7(a), and if, as a result thereof, the commencement of unloading is delayed beyond twenty-four (24) hours after the Notice of Readiness is effective, then, for each full hour by which commencement of unloading is delayed beyond such twenty-four (24) hour period, SABINE shall pay Customer as liquidated damages an amount, on account of excess boil-off, equal to the ▇▇▇▇▇ Hub Price multiplied by the quantity in MMBTUs equal to 0.0052% of the Cargo. Customer shall invoice SABINE for such excess boil-off pursuant to Section 11.2.
Excess Boil-Off. If an LNG Vessel is delayed in commencement of unloading due to an event occurring at the Freeport Facility and for a reason that would not result in an extension of Allotted Unloading Time under Section 9.7(a), and if, as a result thereof, the commencement of unloading is delayed beyond *** after the Notice of Readiness is effective, then, for each full hour by which commencement of unloading is delayed beyond such *** period, FLNG shall pay Customer as liquidated damages an amount, on account of excess boil-off, equal to the ▇▇▇▇▇ Hub Price multiplied by the quantity in MMBTUs equal to *** of the Cargo per day. Customer shall invoice FLNG for such excess boil-off pursuant to Section 12.2.
Excess Boil-Off. If an LNG Vessel is delayed in berthing at Buyer’s Facility and/or commencement of unloading due to an event occurring at Buyer’s Facility and for a reason that would not result in an extension of Allotted Unloading Time under Section 5.6(a), and if, as a result thereof, the commencement of unloading is delayed beyond twenty-four (24) hours after the NOR is effective; then, for each full hour by which commencement of unloading is delayed beyond such twenty-four (24) hour period, Buyer shall pay Seller as liquidated damages an amount, on account of excess boil-off, equal to the ▇▇▇▇▇ Hub Price multiplied by the quantity in MMBTUs equal to 0.0052% of the Cargo. Seller shall invoice Buyer for such excess boil-off pursuant to Section 7.2. This provision shall not apply if the LNG Vessel has onboard re-liquefaction capability for boil-off.