Confirmed Cargo definition

Confirmed Cargo means a Non-Firm Cargo scheduled to be delivered by a User:
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Confirmed Cargo means a Non-Firm Cargo scheduled to be delivered by a User in respect of which:
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Confirmed Cargo has the meaning given to it in the OSA.
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Examples of Confirmed Cargo in a sentence

  • In the event that the delivery of the Confirmed Cargo takes place in accordance with the Ninety Day Unloading Schedule, the Operating Company will cancel the previously-registered transaction by the date of expiry of the latter.

  • In the event that the User is provided in advance with the quantities involved in the Peak Shaving Service, the Operating Company, which in such case will act as a Creditor User, may charge to the User the sales transaction at the Virtual Exchange Point envisaged by Clause 3.1.7.b) as security in the event of non-delivery or reduced delivery of the Confirmed Cargo.

  • Such transactions will be cancelled by the Operating Company upon delivery of the Confirmed Cargo to an extent corresponding to the volumes of LNG intended for the Peak Shaving Service that have been reconstituted by the Unloading.

  • In the event that a User’s Confirmed Cargo, scheduled to be Unloaded in Month M, has suffered a delay and, due to such delay, the User has been forced to Unload in the subsequent Month (M+1), for tax purposes in Month M, such User will be considered a Debtor User, and any other User with a Percentage Share in the Cargo in question delivered in Month M+1 will be considered a Creditor User.

  • But still, that's one of the most common mistakes as most of us completely forget it.

  • If a User Unloads at the Terminal a quantity of LNG (in MWh) lower than the aggregated rights of the other Users with Percentage Shares of the Confirmed Cargo in question, including in this case the failure to Unload a Confirmed Cargo, such User shall not be allocated the quantities of LNG of Cargo in question.

  • In the case of Delivery Slots allocated pursuant to the allocation procedure envisaged by Clauses 2.1.9.1 and 2.1.9.2, the Confirmed Cargo will always be equal to the quantity of regasification capacity allocated at the time of the award and the Credit Cargo will be equivalent to the Confirmed Cargo.

  • If the quantity of LNG actually Unloaded differs from the Confirmed Cargo (in MWh), the differences (whether positive or negative) will be entirely ascribed to the User that delivered the Cargo in question.

  • In the event that the delivery of the Confirmed Cargo takes place in accordance with the Ninety Day Unloading and Loading Schedule, the Operating Company will cancel the previously-registered transaction by the date of expiry of the latter.

  • The quantity involved in each of the sales transactions at the Virtual Exchange Point will be equal to the debt position of the Debtor User in respect of the Creditor User(s) at the arrival of each Confirmed Cargo scheduled by the Debtor User itself.


More Definitions of Confirmed Cargo

Confirmed Cargo is defined in Clause 5.2(b). ​ ​ ​ ​ ​​ ​​including the Gas Offtake Agreements, LNG SPA, or LNG Carrier or tug charters), Agreement, provided however, that "Consequential Damages" shall not include (i) the Daily Service Fee or any profits from such Daily Service Fee payable (or which would have been payable) hereunder; (ii) any liquidated damages payable hereunder or any deduction of Daily Service Fee; and (iii) the value of LNG (including Boil-Off).​
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Confirmed Cargo has the meaning ascribed in Clause 5.2(c);
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Related to Confirmed Cargo

  • Order Confirmation All TIPS Member Agreement orders are approved daily by TIPS and sent to vendor. The Vendor should confirm receipt of orders to the TIPS Member (customer) within 3 business days. • Vendor custom website for TIPS: If Vendor is hosting a custom TIPS website, updated pricing when effective. TIPS shall be notified when prices change in accordance with the award.

  • Batch means a specific quantity of Product that is intended to have uniform character and quality, within specified limits, and is produced according to a single manufacturing order during the same cycle of manufacture.

  • Trade Confirmation means a notification from the Company’s trading platform to the Client, confirming the Client’s entry into a Transaction.

  • Approved clinical trial means a phase I, phase II, phase III, or phase IV clinical trial that is conducted in relation to the prevention, detection, or treatment of cancer or other life-threatening disease or Condition and is described in any of the following:

  • Participating Certified Clinical Nurse Specialist means a Certified Clinical Nurse Specialist who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Confirmation means the entry of the Confirmation Order on the docket of the Chapter 11 Cases.

  • Booking Confirmation means the written confirmation issued to You by the Company confirming the hire period, price, place of delivery and other key particulars of the booking.

  • Licensed clinical social worker means an individual who meets the licensed clinical social worker requirements established in KRS 335.100.

  • Non-Participating Certified Clinical Nurse Specialist means a Certified Clinical Nurse Specialist who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • SMS means short message service provided by your mobile service provider which:

  • Product Specification means a product specification for a Medical Device set out in Schedule 2;

  • FDA means the United States Food and Drug Administration.