Examples of Receiving Vessel in a sentence
The Buyer shall be responsible for connection to the permanent intake of the Receiving Vessel, or the barge or coastal tanker nominated, and pumping shall be performed under the direction and responsibility of the Buyer.
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.
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.
In the event of the Buyer at any time cancelling a confirmed request for Bunkers or the Receiving Vessel failing to take Delivery of part or all of the requested Bunkers, the Seller shall have the right to pursue a claim against the Buyer and the Buyer shall indemnify the Seller for all loss and damage thereby suffered including loss of profit.
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.