Port Liability Agreement definition

Port Liability Agreement an agreement for use of and liability arising in connection with the Port and Marine Facilities located at the Unloading Port, to be entered into as described in Paragraph 3.1.3(G) of Schedule 1;
Sample 1Sample 2
Port Liability Agreement means a port liability agreement in the form published on
Sample 1Sample 2Sample 3
Port Liability Agreement means a port liability agreement in the form published on Terminal Operator’s Website;
Sample 1Sample 2Sample 3

Examples of Port Liability Agreement in a sentence

  • Project Co shall promptly notify Transporter upon any amendment to the FOB Port Liability Agreement and shall provide a copy of the amended FOB Port Liability Agreement to Transporter.

  • In the event the master of an LNG Tanker fails to execute such FOB Port Liability Agreement, the Transporter, subject to Clause 16.4, shall indemnify and hold Project Co and its Affiliates harmless from any Claims brought against, or Losses incurred by Project Co or any of its Affiliates arising from such failure.

  • In the event a Transporter fails to execute such Port Liability Agreement, Customer shall indemnify and hold SABINE harmless from any Liabilities incurred by SABINE arising from such failure.

  • The Port Liability Agreement shall treat Transporter in a non-discriminatory manner in comparison to all other owners and charterers of LNG vessels that use or transit the Loading Port.

  • Each such share registered with the VPS will represent beneficial ownership of one Share.

  • Seller shall engage in good faith consultation with Buyer in the development of the form of the Port Liability Agreement and shall act as a Reasonable and Prudent Operator in developing the form of the Port Liability Agreement.

  • In the event the master of an LNG Tanker fails to execute the Port Liability Agreement, Buyer shall indemnify and hold Seller and its Affiliates harmless from any Claims brought against, or Losses incurred by Seller or any of its Affiliates arising from such failure.

  • Customer shall cause Transporter to execute the Port Liability Agreement in the form set forth on Exhibit B prior to Transporter’s LNG Vessel’s arrival at the Sabine Pass Facility.

  • Seller shall promptly notify Buyer upon any amendment to the Port Liability Agreement and shall provide a copy of the amended Port Liability Agreement to Buyer.

  • If, as a result of Transporter executing the Port Liability Agreement, Transporter is liable to the LNG Tanker’s P&I Club for an additional premium for the LNG Tanker’s P&I indemnity coverage, and if Buyer is liable to Transporter for such additional premium, then Seller shall pay Buyer for such additional premium, but only to the extent such additional premium relates to such LNG Tanker calling at the Loading Port.


More Definitions of Port Liability Agreement

Port Liability Agreement means the Port Liability Agreement substantially in the form of Exhibit A.
Sample 1
Port Liability Agreement means the agreement to be executed in the terms of Annex K.
Sample 1
Port Liability Agreement shall have the meaning set forth in Section 13.3.
Sample 1

Related to Port Liability Agreement

  • Financial Agreement means an agreement that meets the

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Related Party Agreement means any agreement, arrangement, or understanding between the Company and any Stockholder or any Affiliate of a Stockholder or any Director, officer, or employee of the Company, as such agreement may be amended, modified, supplemented, or restated in accordance with the terms of this Agreement.