LNG VESSEL TIME CHARTER PARTY between EXCELERATE ENERGY LIMITED PARTNERSHIP and SAMMARCO SHIPPING, INC. Dated: 15 December 2003LNG Vessel Time Charter Party • September 24th, 2014 • Exmar Energy Partners LP • Deep sea foreign transportation of freight • England
Data for administration of Owner’s performance undertakings, as set forth in this Charter, shall be taken from voyage reports and custody transfer documentation prepared for each voyage performed during the Term. The voyage reports shall be prepared under the provisions of section 19.4 of this Charter. Subject to Articles 16 and 27 and Schedule I of this Charter, this Schedule establishes the method by which Charterer shall be compensated for Owner’s failure to meet its agreed upon performance undertakings with respect to fuel consumption, speed, discharge of LNG and regasified LNG, loading and boil-off. Owner shall not be entitled to any premium for exceeding any performance standards established in this Charter. As used in this Schedule: “P/F” means performance compensation for fuel, “P/S” means performance compensation for speed, “P/D” means performance compensation for discharge of (not regasified) LNG, “P/L” means performance compensation for loading, “P/B” means performance compe
