Free Out definition

Free Out usually means that the goods are presented for discharge while still in the cargo holds of the vessel.
Free Out means that Xxxxx shall arrange for and bear the expenses of unloading from the vessel's hold at the port of discharge. GLENCORE Contract No. 101-22-12153-X Xxxx 3/35 Financier = shall have the meaning given to that term in Clause 21.3. FOB = Free on Board (according to INCOTERMS 2020). GST = shall mean any goods and services tax, value added tax or any tax analogous thereto but excludes any statutory late payment interest or penalties. Incoterms = Shall mean the International Chamber of Commerce's Official Rules for the Interpretation of Trade Terms known as Incoterms 2020 or as later amended or replaced. LBMA = London Bullion Metal Association.

Examples of Free Out in a sentence

  • Buyer must provide specific vessel gear requirements to complete the Free Out discharge.

  • II) USAID option Free Out terms at the average discharge rate of: - 2400 MT PWWD details per USAID Charter Party Proforma Rider for Free Out Terms.

  • USAID option Free Out terms at 2500 MT PWWD details per USAID Charter Party Proforma Rider for Free Out Terms.

  • S&RTS contracts are used to handle cargo for Military Sealift Command (MSC) and SDDC Liner missions when cargo is booked Free In (FI) and/or Free Out (FO), meaning the United States Government has responsibility for loading (FI) and/or unloading (FO) the cargo.

  • USAID option Free Out terms at 2500 MT PWWD details per current WFP Charter Party Proforma for US 5.f) At all other discharge ports discharge to be basis Full Berth Terms no demurrage / no dispatch / no detention with USAID option i) to have cargo bagged and stacked on to receivers’ conveyances at the end of bagging line in the port of discharge.

  • II) USAID option Free Out terms at the average discharge rate of : - 2400 MT PWWD details per current WFP Charter Party Proforma for US Free Out Terms - 1500 MT PWWD details per current WFP Charter Party Proforma for US Free Out Terms.

  • USAID option Free Out terms at 2500 MT PWWD details per current WFP Charter Party Proforma for US 5.c) At Port Sudan, Sudan the cargo to be discharged basis: Geared vessel only.

  • SDDC uses S&RTS contracts to handle cargo for Military Sealift Command (MSC), SDDC Liner or other missions when cargo is moved under Free In (FI) and/or Free Out (FO) terms, meaning the United States Government has responsibility for loading (FI) and/or unloading (FO) the cargo.

  • USD XXX per Metric Ton delivered CFR Free Out (as defined in Incoterms 2020) on entire contract quantity (XX,XXX Metric Tons +/- 15%) basis one safe berth XXX.

  • Each buyer will be expected to conclude a signed sales agreement within five (5) working days of notification of the acceptance of a bid.Delivery Terms: Discharge Port:Cost & Freight (CFR, Incoterms 2010) [Discharge Port], [one or two safe berths, Free Out terms.]Shipping and discharge: U.S. Loading Port:The U.S. Loading Port to be determined.Vessel:The commodity will be shipped from the U.S. Loading Port to be determined through an ocean freight tender process.


More Definitions of Free Out

Free Out means that the vessel will be discharged by or on behalf of the Buyer free of cost and responsibility to Seller, vessel owner or charterer;

Related to Free Out

  • Free liquids means liquids which readily separate from the solid portion of a waste under ambient temperature and pressure.

  • Free Cash means the aggregate book value of the holdings which at all times are available for the Issuer of any:

  • Open Position means a Long Position or a Short Position which is not a Completed Transaction.

  • Open Positions means aggregate risk disclosure, arising from buy or sell of financial instruments in accordance with Client instructions pending for subsequent counter-transaction to close/settle such market trades/disclosures.

  • Open burning means the combustion of any material without the following characteristics:

  • MTBE means methyl tertiary butyl ether.

  • Cash Burn means an amount equal to the prior period’s Cash minus the current period’s ending Cash that has been adjusted for any changes to Cash as a result of borrowings and repayments of borrowings, proceeds from the sale of equity and the exercise of stock options or warrants, paid-in-capital and minority interest, and capital expenditures financed under a capital lease.

  • Gallon means a United States gallon of two hundred thirty-one cubic inches of liquid at 60º Fahrenheit, and at the equivalent vapor pressure of the liquid.

  • Nonaffiliated third party means any person except:

  • Flammable means a chemical that falls into one of the following categories:

  • Restricted materials means pesticides established as restricted materials under Title 3, California Code of Regulations, section 6400.

  • Negotiate means the act of conferring directly with or offering advice directly to a purchaser or prospective purchaser of a particular contract of insurance concerning any of the substantive benefits, terms, or conditions of the contract, provided that the person engaged in that act either sells insurance or obtains insurance from insurers for purchasers.

  • Flammable liquid means any liquid that has a flash point of seventy degrees Fahrenheit, or less, as determined by a tagliabue or equivalent closed cup test device.

  • Combustible liquid means a liquid that has a flash point not less than 37.8 degrees Celsius and not greater than 93.3 degrees Celsius;

  • Designated country construction material means a construction material that is a WTO GPA country construction material, an FTA country construction material, a least developed country construction material, or a Caribbean Basin country construction material.

  • Bidders from a country which shares a land border with India for the purpose of this Order means:

  • Transport means the most efficient and available method of conveyance. In all cases, where practical, economy fare will be utilized. If possible, the Insured’s Common Carrier tickets will be used.

  • Permitted Deductions means the sum of, without duplication, the following costs or expenses:

  • Restricted Geographic Area is defined as all countries, territories, parishes, municipalities and states in which Company is doing business or is selling its products at the time of termination of Employee’s employment with Company, including but not limited to every parish and municipality in the state of Louisiana. Employee acknowledges that this geographic scope is reasonable given Employee's position with Company, the international scope of Company's business; and the fact that Employee could compete with Company from anywhere Company does business.

  • Restricted Client means any person:

  • Specified Disposition means any disposition of all or substantially all of the assets or Capital Stock of any Subsidiary of the Borrower or any division, business unit, product line or line of business.

  • Permitted Disposal means any sale, lease, licence, transfer or other disposal:

  • Ozone-depleting substance means any substance the Environmental Protection Agency designates in 40 CFR part 82 as--

  • permitted client means any of the following:

  • Excluded Party means any REIT, any parent company of or Person who Controls any REIT in each instance engaged primarily in owning and operating Real Property, and any other Person whom the Borrower has reasonably identified in writing to the Administrative Agent as a competitor or potential competitor of the Borrower.

  • Free Cash Flow means any available cash for distribution generated from the net income received by a Series, as determined by the Managing Member to be in the nature of income as defined by U.S. GAAP, plus (i) any change in the net working capital (as shown on the balance sheet of such Series) (ii) any amortization to the relevant Series Asset (as shown on the income statement of such Series) and (iii) any depreciation to the relevant Series Asset (as shown on the income statement of such Series) and (iv) any other non-cash Operating Expenses less (a) any capital expenditure related to the Series Asset (as shown on the cash flow statement of such Series) (b) any other liabilities or obligations of the Series, in each case to the extent not already paid or provided for and (c) upon the termination and winding up of a Series or the Company, all costs and expenses incidental to such termination and winding as allocated to the relevant Series in accordance with Section 6.4.