Contract of Affreightment definition

Contract of Affreightment means any contract or engagement for the carriage or transportation of cargo, mail or passengers or any of them relating to the Vessel whether now existing or hereinafter entered into by the Shipowner or any person, firm or company on its behalf;

Contract of Affreightment means a service contract under which a tonnage tax company agrees to transport a specified quantity of specified products at a specified rate, between designated loading and discharging ports over a specified period;

Contract of Affreightment means a contract for carriage of a specified quantity of goods in more than one (1) shipment during an agreed period.

Examples of Contract of Affreightment in a sentence

• The term "Contract of Affreightment" refers to tariff rate, charter party, ocean rate or any other rate arrangements under which the vessel transports cargo.

• The term "Contract of Affreightment" as used herein shall mean tariff, charter party, ocean rate or any other arrangements under which the vessel transports cargo.

• Notwithstanding terms of sale and other considerations or agreements, cargo in transit in or on the Terminal under control of the vessel involved and subject to the full force and terms of its bill of lading or Contract of Affreightment issued or to be issued until loaded on board, released by accomplishment of delivery or released to and accepted by the Terminal for other custody.

• Any exercise or nonexercise of Charterer's cancellation option as aforesaid shall not be construed in derogation of any future right to cancel this Contract of Affreightment or to take any other action authorized hereunder or by law.

• Should any voyage be cancelled in the exercise of Charterer's rights under this Contract of Affreightment, the corresponding quantity of cargo shall be deducted from the outstanding balance.

More Definitions of Contract of Affreightment

Contract of Affreightment or “Charter Party” means the contract of charter or affreightment to be entered into from time to time between Seller and owner of the vessel chartered or hired for the shipment of any Parcel pursuant to this Agreement.

Contract of Affreightment means the contract of affreightment dated 16th May 2003 between BHP Billiton Marketing A.G. and the Borrower.

Contract of Affreightment means the contract of affreightment entered into on 19/12/1433H (corresponding to 4/11/2012G) as amended on 14/6/1435H (corresponding to 14/4/2014G) by the Company and Bolanter to took effect on the date of First Completion, as further described in Section 13.2, "Summary of Material Agreements".

Contract of Affreightment means each of the contracts of affreightment listed in schedule 3.16 to the Acquisition Agreement having a term which exceeds or by virtue of any optional extension therein contained may exceed 11 months from the Closing Date and any other contracts of affreightment having a term which exceeds or by virtue of any optional extension therein contained may exceed 11 months which is entered into by any member of the Group from time to time and “Contracts of Affreightment” means any or all of them.

Contract of Affreightment means each of the contracts of affreightment listed in schedule 3.16 to the Acquisition Agreement and any other contracts of affreightment in existence at the date of this Agreement, each having a term which exceeds or by virtue of any optional extension therein contained may exceed 11 months from the Closing Date or the first Utilisation Date, and any other contract of affreightment entered into after the date of this Agreement having a term which exceeds or by virtue of

Contract of Affreightment as used herein shall mean tariff, charter party, booking note, ocean rate or any other arrangement under which the vessel transports cargo.

Contract of Affreightment. − The agreement between the Coal Transporter and the Company and approved in writing by the Power Purchaser for the transportation of coal from the Coal Supplier’s point of delivery to the Coal Jetty in accordance with the terms thereof, as may be amended by the parties thereto with the written approval of the Power Purchaser and GOP from time to time.