Demurrage Rate definition

Demurrage Rate means one hundred thousand US Dollars (USD 100,000) per day, which shall be pro-rated for parts of a day.
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Demurrage Rate means the demurrage rate as specified in the applicable Confirmation Notice.
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Demurrage Rate means, with respect to each LNG Cargo under a Transaction, the daily demurrage rate specified in or determined under the relevant Confirmation Notice in respect of such LNG Cargo;
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Examples of Demurrage Rate in a sentence

  • Shipper C commits to payment of demurrage to shipper D at the Demurrage Rate for the actual incurred delay of ship D to the extent such demurrage is caused by the implementation of this section.

  • Robert Woods Allan Woolever Joan Workman Laraine Wotring Heather Wright Gordon P.

  • See Item 1200 for the Demurrage Rate Table.2. Time will be computed from the first 7:00 a.m. after the Car Order Date or Constructive Placement Date, whichever is later.

  • See Item 1200 for the Demurrage Rate Table.2. Time will be computed from the first 07:00 a.m. after Constructive or Actual Placement, whichever is earlier.

  • See Item 1200 for the Demurrage Rate Table.2. Inhalation hazard and explosive loads or empties will be assessed per car, per day, or a fraction thereof (see Part 5).

  • See Item 1200 for the Demurrage Rate Table.3. Time will be computed upon the first 7:00 a.m. following arrival into the serving yard.4. Demurrage charges will continue to accrue when cars are in bad order status while on railroad- controlled tracks.5. Demurrage charges will end when the car is placed into the facility to a private track.

  • Wharf Demurrage Rate Per Day Minimum Wharf DemurragePer Month Per Ocean B/LAll Cargo, NOS, except iron or steel products.............................................$37.53Iron or steel products.........................$59.65 Note 1: Boats.....................................

  • The DEMURRAGE CHARGE is the applicable daily Demurrage Rate times the applicable Demurrage Days.

  • Charges for each car shall be determined by multiplying the applicable Demurrage Rate times the applicable Demurrage Days for each car and adding the sum of those charges together to equal the Total Demurrage Charges.

  • If there is no LNG Ship on the berth, and Terminal Operator causes a delay to the first LNG ship in the queue, Terminal Operator shall, for the delay, pay, subject to GC 10.4, to that LNG ship the Demurrage Rate (pro-rated for any portion of a Day).


More Definitions of Demurrage Rate

Demurrage Rate means the demurrage rate as specified in the Confirmation Notice to compensate Supplier for delays to the Vessel.
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Demurrage Rate means, with respect to a given incident, fifty thousand Dollars ($50,000) per day for the first three (3) days of such incident, one hundred thousand Dollars ($100,000) per day for the next three (3) days of such incident, and two hundred thousand Dollars ($200,000) per day for each day thereafter of such incident; provided, however, that (i) the foregoing amounts payable hereunder shall be reduced proportionately when the Demurrage Rate relates to any LNG Tanker smaller than one hundred twenty-five thousand (125,000) Cubic Meters; and (ii) all Demurrage Rates are effective as of October 1, 2000 and shall be adjusted each October 1 thereafter by the Adjustment Factor.
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Demurrage Rate means, for each Approved LNG Ship [***].
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Demurrage Rate means the demurrage rate in respect of the Iron Chieftain or other Vessel used in DEQ Port Kembla deliveries, as determined in accordance with Clause 7.3.
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Related to Demurrage Rate

  • Wage Rate refers to an Employee’s hourly rate of pay reflected by the pay grade of her position and her step within that grade, as set out in the Wage Rate grid in Appendix II.

  • Average Rate means the simple arithmetic mean of the bank rates in effect at 4:00 p.m. Eastern Standard Time each day during the calendar month which immediately precedes the calendar month in which payment is made, where the "bank rate" means the rate of interest established from time to time by the Bank of Canada as the minimum rate at which the Bank of Canada makes short term advances to members of the Canadian Payments Association;

  • Straight-time rate means the hourly rate of remuneration.

  • LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.

  • Prevailing wage rate means the rate, amount, or level of wages, salaries, benefits, and other

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Worker Wage Rate means the actual hourly wage of non-salaried persons performing work on the Project plus allowable employer contributions as established on the Worker Wage Rate Form required by the Construction Documents. The Worker Wage Rate must be reasonable and customary for their industry, must equal or exceed the prevailing wage established by Owner and must be approved in writing by Owner in advance of any Application for Payment. All payments for non-salaried personnel working on the Project are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by employer for services performed for the Project.

  • Lease Rate means for each 2015-1 Lease, the rent charge portion of each Monthly Payment, calculated on a constant yield basis at an imputed interest rate.

  • U.S. Base Rate means, on any day, the annual rate of interest equal to the greater of (a) the annual rate of interest announced by a commercial Canadian bank selected by the Lender and in effect as its base rate at its principal office in Toronto, Ontario on such day for determining interest rates on Dollar demand commercial loans in Canada, and (b) the sum of the Federal Funds (Effective) Rate plus 0.50% per annum.

  • Reference Rate means the rate specified as such hereon.

  • Coverage Ratio As to any one or more of the Combined Leased Properties, the ratio of the EBITDARM generated by such Combined Leased Property(ies) to Base Rent allocable thereto under the applicable Combined Leases, in each case for the four (4) full calendar quarters ending not less than sixty (60) days prior to the occurrence of a Section 16.10.3.1

  • Minimum Mortgage Rate With respect to each Adjustable-Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the minimum Mortgage Rate thereunder.

  • LIBO Base Rate means with respect to each day an Advance is outstanding (or if such day is not a Business Day, the next succeeding Business Day), the rate per annum equal to the rate published by Bloomberg or if such rate is not available, the rate appearing at page 3750 of the Telerate Screen as one-month LIBOR on such date, and if such rate shall not be so quoted, the rate per annum at which the Lender is offered Dollar deposits at or about 11:00 A.M., eastern time, on such date by prime banks in the interbank eurodollar market where the eurodollar and foreign currency and exchange operations in respect of its Advances are then being conducted for delivery on such day for a period of one month and in an amount comparable to the amount of the Advances to be outstanding on such day.

  • Interest Coverage Ratio means, as of the end of each fiscal quarter, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the then-most recently concluded period of four consecutive fiscal quarters.

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • Mortgage Rate The annual rate of interest borne by a Mortgage Note from time to time.

  • Net Mortgage Rate With respect to any Mortgage Loan (or the related REO Property) as of any date of determination, a per annum rate of interest equal to the then applicable Mortgage Rate for such Mortgage Loan minus the Servicing Fee Rate.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Daily LIBOR Rate means, for any day, the rate per annum determined by the Administrative Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage on such day.

  • Flow rate means the rate at which water flows through pipes, valves and emission devices, measured in gallons per minute, gallons per hour, or cubic feet per second.

  • Peak flow rate means the maximum instantaneous flow from a given storm condition at a particular location.