SHIPPER'S MINIMUM PAYMENT OBLIGATIONS Sample Clauses

SHIPPER'S MINIMUM PAYMENT OBLIGATIONS. A minimum payment obligation shall be imposed on the Shipper for its entire Subscription at the Terminal as per the Specific Conditions. Any use of capacity exceeding the Subscription shall be invoiced at the applicable rates.
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SHIPPER'S MINIMUM PAYMENT OBLIGATIONS. As from the Service Start Date, the Shipper shall be required to pay a minimum amount equal to the tariffs in force that are applied to all of the capacities subscribed to for Unloading and Reloading as stated in Appendix 1. These minimum amounts are specified in Article 2 of Appendix 5. The Operator shall invoice, in a given Month, 1/12 of the annual minimum payment obligation corresponding to paragraph 2.1 of Appendix 5, based on the value of the Subscription on the day of notification of the Annual Schedule for year N by the Operator to the Shipper as stated in paragraph 7.1.3 of this Appendix. Between the day after notification of the Annual Schedule for year N and the last day of year N, for any change to the Subscription concerning an Unloading, Reloading or a Uniform Send-Out Option, the Shipper shall have its minimum payment obligation revised accordingly by application of the tariffs in use at the time of said change to the Subscription, as stated in article 2 of Appendix 5. The Operator shall invoice the changes to the Subscription for the Month when they are scheduled.
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SHIPPER'S MINIMUM PAYMENT OBLIGATIONS. The Shipper's minimum payment obligation concerns each of the rates that make up its Subscription as defined in Appendix 1 of its Contract
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SHIPPER'S MINIMUM PAYMENT OBLIGATIONS. 9.2.1 Calculation of the Shipper's minimum payment obligations The minimum payment obligation relating to the Number of Contractual Loadings, expressed in euros (€), for a given Year is equal to : PNCA = NCC x TAMM Where PNCA is the amount of the minimum payment obligation for Year A NCC is the Number of Contractual Loadings for Year A, the value of which is defined in the Small-Scale LNG Carrier Specific Conditions TAMM is the Small-Scale LNG Carrier Berthing Term, the value of which is defined in the Small-Scale LNG Carrier Specific Conditions If the Small-Scale LNG Carrier Berthing Term (TAMM) changes during the Year, the minimum payment obligation is established by replacing TAMM by the average of the values of this term over the Year, weighted by the number of Months. The minimum payment obligation relating to each Year of the Contract is specified in the Small-Scale LNG Carrier Specific Conditions
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SHIPPER'S MINIMUM PAYMENT OBLIGATIONS. A minimum payment obligation shall be imposed on the Shipper for its entire Subscription at the Terminal as per the Specific Conditions. Any use of capacity exceeding the Subscription shall be invoiced at the applicable rates. Between the notification of the Annual Schedule for Year N and the last Day of Year N, for any change to the Subscription concerning an Unloading, but also in case of subscription of a Reloading or a Uniform Option, the Shipper shall have its minimum payment obligation revised accordingly by application of the tariffs in use at the time of said change.
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Related to SHIPPER'S MINIMUM PAYMENT OBLIGATIONS

  • Client Obligations 3.1 The Client shall:

  • PROCUREMENT OBLIGATIONS Notwithstanding any other provisions of this Part B, where in this Part B the Customer accepts an obligation to procure that a Former Supplier does or does not do something, such obligation shall be limited so that it extends only to the extent that the Customer's contract with the Former Supplier contains a contractual right in that regard which the Customer may enforce, or otherwise so that it requires only that the Customer must use reasonable endeavours to procure that the Former Supplier does or does not act accordingly.

  • Recipient Obligations 2.1 The Recipient agrees to support the Project in accordance with this Agreement.

  • STUDENT OBLIGATIONS The student agrees to use the property as his or her personal residence. The student shall maintain the interior of the property in a reasonably clean and safe condition, use reasonable care in consumption of utilities and services furnished by the landlord, and avoid unreasonable noise or other disruption of the privacy and peaceful enjoyment of the premises by the landlord and other students. The student shall be responsible for any damage to the property beyond reasonable wear and tear by the student, members of the student's family, or persons invited on the property by the student. The student shall not make, or cause to be made, any alterations to the property or its contents without first obtaining the written consent of the landlord. The student agrees to notify the landlord in writing about any needed repairs or violations of the Honor Code or Residential Living Standards involving other students or residents. *The BYU Student agrees to update their residential address on myBYU each semester/term, failure to do so will result in non-compliance fees of up to $175 and housing holds affecting their ability to register.

  • Joint Obligations A. The University and the student share the responsibility for ensuring the quality of life within the residence halls, their maintenance, furnishings and facilities, and for a physical environment secure from fire and other hazards. The University will work with students to promote effective security of persons and property in the residence halls.

  • Local Church’s Payment Obligations At Closing or otherwise prior to or on the Disaffiliation Date, Local Church shall pay to the Annual Conference, in a manner specified by Annual Conference, the following:

  • Repayment Obligation In the event that any State and/or federal funds are deferred and/or disallowed as a result of any audits or expended in violation of the laws applicable to the expenditure of such funds, the Contractor shall be liable to the Agency for the full amount of any claim disallowed and for all related penalties incurred. The requirements of this paragraph shall apply to the Contractor as well as any subcontractors.

  • Basic Obligations (1) The Authority shall carry out international search and international preliminary examination in accordance with, and perform such other functions of an International Searching Authority and International Preliminary Examining Authority as are provided under, the Treaty, the Regulations, the Administrative Instructions and this Agreement.

  • Payment Obligation (a) The Subscriber shall bear the obligation to pay the Service Fee to SORACOM from the day when SORACOM starts to provide the Subscriber with the telecommunication channel pursuant to this Agreement.

  • Independent Obligations The Guarantor acknowledges that its obligations hereunder are independent of the obligations of the Issuer with respect to the Capital Securities and that the Guarantor shall be liable as principal and as debtor hereunder to make Guarantee Payments pursuant to the terms of this Guarantee notwithstanding the occurrence of any event referred to in subsections (a) through (g), inclusive, of Section 4.3 hereof.

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