FSRU Site definition

FSRU Site a Jetty, and/or the regasified LNG off-loading infrastructure on a jetty and the zone surrounding a jetty and the FSRU (including the waters) designated for the FSRU and LNG vessels in a Port.

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FSRU Site has the meaning given to it in the Charter Agreement.

FSRU Site means the Terminal, the waters and the immediate surroundings of, including points of access to, the port, which is at the date of this Charter located in Old Harbour Bay, Jamaica, and including the safety zone and/or the marine exclusion zone surrounding the jetty or mooring and around the Vessel; provided that, Charterer may, subject to the terms of Clause 16.2 designate an Alternative FSRU Site, which shall be treated for all purposes as the FSRU Site once the Vessel has been delivered by Owner to Charterer at the Alternative FSRU Site.

Examples of FSRU Site in a sentence

• Notwithstanding the foregoing, if Lessee wishes to moor the Vessel at an alternative site besides the FSRU Site, it may do so provided: (a) Owner approves such alternative site, such approval not to be unreasonably withheld; and (b) Lessee pays all costs and expenses of Owner arising or incurred in connection with the change of site, including without limitation, costs associated with the relocation of the Vessel and any logistical requirement of Owner at the alternative site.

• Contractor shall provide the FSRU Services at the FSRU Site from and after the Vessel Acceptance Date.

• Contractor shall have the exclusive right to provide FSRU Services at the FSRU Site for the Term.

• The Vessel will transfer to LNGC Mode upon disconnection from the FSRU Site.

• The Vessel's employment under this Agreement shall only be as a floating storage and regasification unit for LNG and the Vessel shall be moored at the Jetty located in the FSRU Site and shall be capable of receiving and storing LNG and discharging regasified LNG subject to the terms of this Agreement and the FSRU Operation and Services Agreement.

• Should the Vessel be a Total Loss, this Charter shall terminate and payment of Hire shall cease at 12:00 hours local time (at the FSRU Site) on the day of her loss.

• The Vessel will transfer to FSRU Mode upon becoming all fast at the FSRU Site unless it is delivered in LNGC Mode.

• For each Gas Day after the completion of Commissioning and after Acceptance Date when the Vessel operates at FSRU Site, Customer shall have the right to nominate according to this schedule the lesser of (i) the Maximum Daily Contract Quantity; and (ii) the Available LNG Inventory.

• Unless Lessee has exercised the Purchase Option, at the expiration of the Term the Vessel shall be redelivered by Lessee to Owner at the FSRU Site.

• Customer shall be responsible for procuring and paying for (i) provision of tugs, pilots, escorts and other support vessels for mooring the LNG Carriers to the Vessel; (ii) any Port Charges, including all towage, pilotage, and mooring expenses relating to loading, reloading, discharging and bunkering at the FSRU Site; and (iii) all costs and expenses relating to Vessel security at the FSRU Site required by the port facility or any relevant authority in accordance with the ISPS Code.

More Definitions of FSRU Site

FSRU Site has the meaning ascribed in the FSRU Operation and Services Agreement;

FSRU Site means the Jetty, Cartagena, Colombia;