Substitution of marine vessel. In respect of any nominated marine vessel, the Buyer may, or if necessary to perform its obligations under the Agreement must, substitute therefor another marine Vessel provided always that: (a) The size of substitute marine vessel and the quantity to be loaded shall not, without prior written consent of the Seller, differ materially from the size of the vessel previously named and the quantity specified in the nomination; (b) The laydays which would have applied in respect of the vessel originally nominated shall apply to the substitute marine vessel.
Appears in 8 contracts
Samples: Crude Offtake and Sale Agreement, Crude Offtake and Sale Agreement, Crude Offtake and Sale Agreement
