Examples of Lifting Month in a sentence
Alternatively, if and as specified in the Overlift Notice, Seller may impose the Overlift Charge on a daily basis or weekly basis, meaning that the Overlift Charge must be paid for each gallon of Product purchased by Buyer during the Lifting Month that exceeds: (a) a daily ratable volume set forth in the Overlift Notice after the date set forth in the Overlift Notice; or (b) a weekly ratable volume set forth in the Overlift Notice after the date set forth in the Overlift Notice.
The quantity to be purchased and sold during such Lifting Month and the Delivery Period Tentative Sulphur Allocation shall be deemed modified accordingly.
Except as otherwise provided in this Agreement and subject to the provisions of Article 20, if, in any Lifting Month, Buyer fails to lift any Cargo scheduled to be lifted during such Lifting Month, Seller shall have the right to recover its damages for Buyer’s breach of its lifting obligation.
The Lifting Month is the third (3rd) month from the Allocating Month.
Not later than thirty-five (35) Days prior to the beginning of the first programmed Lifting Month of each Contract Year, Seller shall provide Buyer with a list of objective vetting criteria in respect of vessels acceptable to Seller during such Contract Year.