LAYCAN Sample Clauses

LAYCAN. 20.1.1 Seller and Buyer hereby agree on a quarterly delivery schedule specifying the laycan’s at Buyer designated discharge port(s) per each single batch to be delivered.
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LAYCAN. Buyer shall give written notice to Seller of the proposed 15 (fifteen) day laycan for each shipment at least 10 (ten) calendar days prior to the first day of the laycan. Seller shall confirm the proposed laycan within 2 (two) Business Days, otherwise Seller shall be deemed to have accepted such proposed laycan. Vessel Nomination Buyer shall nominate the vessel 5 (five) calendar days prior to the vessel’s Estimated Time of Arrival (“ETA”) at the load port. Buyer shall notify the Seller of the following details in writing:
LAYCAN. Not less than thirty (30) days before the start of each calendar quarter, the Parties will agree on the number of shipments, 10-day laycan and guaranteed load rate for each shipment for that calendar quarter. Not less than fifteen (15) days prior to the first day of the 10-day laycan period, Buyer shall narrow such laycan period to four (4) days within such 10-day laycan period. In the event that the Buyer wishes to ship in a vessel larger or smaller than a 70,000 to 80,000 MT +/-10% vessel, the Parties will agree on this at that time. Any additional costs incurred as a result of the use of a larger or smaller vessel will be borne by Buyer and will be agreed by the Parties at that time.
LAYCAN. 21.1.1 Laycan’s at Buyer’s designated port(s) to be fixed range within Customary Quick Dispatch (CQD).

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