Port Liability Agreement. 7.7.1 Buyer shall cause Transporter or the master of each LNG Tanker (acting on behalf of the ship-owner and charterer) making use of the port or marine facilities at the Loading Port on behalf of Buyer, to execute a Port Liability Agreement prior to the time at which Buyer or the master of the LNG Tanker gives the In-Transit Second Notice as required by Section 7.9.3(a). In the event Transporter or the master of an LNG Tanker (acting on behalf of the ship-owner and charterer) fails to execute the Port Liability Agreement, Buyer shall indemnify and hold Seller and each owner and operator of the Driftwood LNG Terminal or portion thereof harmless from any Claims brought against, or Losses incurred by Seller or any owner and operator of Driftwood LNG Terminal or any portion thereof, arising from such failure, and for which Transporter would have been liable had Transporter or the master executed such Port Liability Agreement.
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Samples: LNG Sale and Purchase Agreement (Tellurian Inc. /De/), LNG Sale and Purchase Agreement (Tellurian Inc. /De/)
Port Liability Agreement. 7.7.1 Buyer shall cause Transporter or the master of each LNG Tanker (acting on behalf of the ship-owner and charterer) making use of the port or marine facilities at the Loading Port on behalf of Buyer, to execute a Port Liability Agreement prior to the time at which Buyer or the master of the LNG Tanker gives the In-Transit Second Notice as required by Section 7.9.3(aβ7.9.3(a). In the event Transporter or the master of an LNG Tanker (acting on behalf of the ship-owner and charterer) fails to execute the Port Liability Agreement, Buyer shall indemnify and hold Seller and each owner and operator of the Driftwood LNG Terminal or portion thereof harmless from any Claims brought against, or Losses incurred by Seller or any owner and operator of Driftwood LNG Terminal or any portion thereof, arising from such failure, and for which Transporter would have been liable had Transporter or the master executed such Port Liability Agreement.
Appears in 1 contract
Samples: LNG Sale and Purchase Agreement (Tellurian Inc. /De/)
Port Liability Agreement. 7.7.1 Buyer shall cause Transporter or the master of each LNG Tanker (acting on behalf of the ship-owner and charterer) making use of the port or marine facilities at the Loading Port on behalf of Buyer, to execute a Port Liability Agreement prior to the time at which Buyer or the master of the LNG Tanker gives the In-Transit Second Notice as required by Section 7.9.3(aβ7.9.3(a). In the event Transporter or the master of an LNG Tanker (acting on behalf of the ship-owner and charterer) fails to execute the Port Liability Agreement, Buyer shall indemnify and hold harmless Seller and each owner and operator of the Driftwood LNG Terminal or portion thereof harmless from any Claims brought against, or Losses incurred by Seller or any owner and operator of Driftwood LNG Terminal or any portion thereof, arising that result from such failure, failure and for which Transporter would have been liable had Transporter or the master executed such Port Liability Agreement.
Appears in 1 contract
Samples: LNG Sale and Purchase Agreement (Tellurian Inc. /De/)