Common use of Notice of Readiness Clause in Contracts

Notice of Readiness. In the case of a Vessel is to be discharged, issuance of the Notice of Readiness by the Vessel Party shall mean that the Vessel Party has obtained all requisite governmental approvals, inspections and clearances, including, but not limited to, those required by the U.S. Customs Service and the Immigration and Naturalization Service, and the Vessel is located at the Terminal and the Vessel is ready and suitable in all respects to have Tampa Electric discharge the Cargo in all holds. Vessel Party specifically acknowledges that varying temperatures, moisture and weight changes and spontaneous combustion constitute inherent problems associated with the handling of coal, petroleum coke and other Cargo. Prior to discharging, the Vessel Party’s shall determine that the temperature, moisture and condition of the Cargo is satisfactory. Once a Notice of Readiness has been issued, the Vessel shall be prepared to come to the Terminal berth and commence discharging operations upon three (3) hours notice. Upon assignment to a Terminal berth, the Vessel shall remain prepared and be