Payment of Hire. Each Hire payment shall be made in arrears on each Hire Payment Date (Beijing time) (in respect of which time is of the essence). Each Hire shall be received by the Owners no later than 4:00 p.m. (Beijing time) on the relevant Hire Payment Date (in respect of which time is of the essence).
Appears in 4 contracts
Samples: Memorandum of Agreement (Himalaya Shipping Ltd.), Memorandum of Agreement (Himalaya Shipping Ltd.), Memorandum of Agreement (Himalaya Shipping Ltd.)
