Loading Terminal definition

Loading Terminal means the storage and delivery facilities for Sulphur at a Load Port as may be specified in the Specific Agreement;

Loading Terminal means port or terminal at which the crude oil to be delivered/supplied hereunder is or will be loaded or, where the context requires, the operator, authority, or governing body of such port or terminal as specified in the Schedule A.

Loading Terminal means the port of loading of the Vessel for the applicable Oil or Feedstock being Supplied.

Examples of Loading Terminal in a sentence

• After the receipt of the NOR pursuant to section 9.7, the Seller, having regard to the requirements of the Loading Terminal, Loading Terminal procedures and the time when the vessel has complied with the provisions of section 9.7.a, shall commence loading as soon as reasonably practicable.

• Notwithstanding section 9.5.b, the Buyer shall be deemed to be fully familiar with such Loading Terminal requirements and shall nominate a Vessel that can comply with such requirements at all the time.

• In the event of delay directly attributable to fire or explosion or breakdown of failure of equipment, plant or machinery at the Loading Terminal, the rate of demurrage shall be reduced by half for the period of such delay.

• If the Buyer’s Vessel fails, for any reason, to give at least 24 hours prior notice of arrival at the Loading Terminal, the time allowed to the Seller for loading pursuant to Article 9.8 shall be extended by a period equal to the delay in giving such 24 hours’ notice, but in any case not exceeding an additional 24 hours.

• Notwithstanding any right of Seller to retain the shipping documents until payment, risk and property in the Product and all liabilities with respect thereto shall pass to Buyer when the Product passes the flange connection between the delivery hose and the permanent hose connection of the Vessel at the Loading Terminal.

More Definitions of Loading Terminal

Loading Terminal means the port, terminal or any other facility at which the Product to be delivered hereunder is or will be loaded or, where the context requires, the operator, authority or governing body of such port or terminal;

Loading Terminal means the Loading Port and the delivery facilities at which the Special Product is to be loaded.

Loading Terminal means the Loading Port and the delivery facilities at which the Crude Oil or Product is to be loaded.

Loading Terminal means the Berth at which the Product to be delivered hereunder is or will be loaded.

Loading Terminal means the port or terminal at which the Product to be delivered hereunder is or will be loaded or, where the context requires, the operator, authorityor governing body of such port or terminal.

Loading Terminal means the offshore and onshore facilities of the port or terminal specified in the Special Provisions at which the Cargo to be loaded under the Agreement is or will be loaded or, where the context requires, the operator, authority or governing body of such port or terminal.

Loading Terminal means the terminal or pier in which the Vessel shall berth to be loaded.