Receiving Vessel definition

Receiving Vessel means any vessel which receives and utilises the Marine Fuel sold hereunder.
Receiving Vessel means any vessel into which an applicable VOC is introduced including, but not limited to, storage tanks, delivery vessels, and manufacturing process vessels.
Receiving Vessel means the Vessel to which the Product purchased by Buyer is to be delivered.

Examples of Receiving Vessel in a sentence

  • Until full payment is made, the Buyer and/or the Receiving Vessel are in possession of the Marine Fuel solely as bailee for the Seller.

  • The Buyer represents that the Receiving Vessel is seaworthy, safe and in good condition and is capable of receiving the Marine Fuel without leakage or spillage.

  • Should the Receiving Vessel fail to comply with the foregoing representation, the Seller may suspend the delivery of the Marine Fuel until such time as the Seller received evidence satisfactory, in its sole discretion that the Receiving Vessel adequately complies with these representations.

  • If the Receiving Vessel is unable to comply with such requirements, the Buyer shall be deemed in breach of the Agreement of Sale of Marine Fuel and the Seller may declare a default thereunder and terminate the Agreement.

  • The above is without prejudice to such other rights the Seller may have against the Buyer and/or the Receiving Vessel in the event of non-payment, including the right to attach the Receiving Vessel and/or its sister vessel and/or any other assets of the Buyer (or the Owner of the Vessel, including the Disponent Owner) wherever situated in the world without prior notice.


More Definitions of Receiving Vessel

Receiving Vessel means the vessel identified by Buyer to receive the Marine Fuel, as set forth in the Specific Provisions.
Receiving Vessel means the vessel which is nominated and used for receiving
Receiving Vessel means the name, IMO number and location of the vessel designated by Buyer to receive delivery of the Product.
Receiving Vessel means the Vessel named in the Nomination Confirmation, Telex or Facsimile or E-mail to which the Goods purchased by the Buyer are to be delivered. It includes the Receiving Vessel’s Owners, Operators, Managers, Master and Crew
Receiving Vessel means a vessel, which receives bunkers or other oils;
Receiving Vessel means any vessel that takes on board catches and/or fisheries products
Receiving Vessel means the vessel to which the Marine Fuels are physically delivered