Common use of Shifting of Vessels Clause in Contracts

Shifting of Vessels. All expenses and time lost during any shifting of the Vessel within a port shall be for Buyer’s account, unless such shifting is done at Seller’s option. In addition to Seller’s remedies elsewhere in these GTCs, Seller may, at its option, shift the Vessel within a berth or between berths, as well as to and from the anchorage. Expenses and time during such optional shifting or anchoring of the Vessel shall be for Seller’s account, unless such shifting is performed due to Buyer’s negligence or unless otherwise set forth in a Confirmation or these GTCs.

Appears in 7 contracts

Samples: www.cci.com, www.cci.com, www.cci.com

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Shifting of Vessels. All expenses and time lost during any shifting of the Vessel within a port shall be for Buyer’s account, unless such shifting is done at Seller’s option. In addition to Seller’s remedies elsewhere in these GTCs, Seller may, at its option, shift the Vessel within a berth or between berths, as well as to and from the anchorage. Expenses and time during such optional shifting or anchoring of the Vessel shall be for Seller’s account, unless such shifting is performed due to Buyer’s negligence or unless otherwise set forth in a Confirmation or these GTCsnegligence.

Appears in 1 contract

Samples: Products Offtake Agreement (PBF Energy Inc.)

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