Spot Cargo definition

Spot Cargo means any cargo of LNG which is delivered, or is scheduled to be delivered, to the Terminal pursuant to a Spot Capacity Agreement. [“Carico Spot” in the Italian text]
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Spot Cargo means any Cargo designated as a spot Cargo by the Operator and which is allocated to a User by Operator pursuant to the process set out in GTC 5.4.
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Examples of Spot Cargo in a sentence

  • Such Spot Cargo User may be required to Lend LNG after the Spot Cargo arrives.

  • Such Spot Cargo User may be required to Borrow LNG before the Spot Cargo arrives at the Terminal.

  • Such Borrowing and Lending shall result in a net zero LNG Position in relation to such Spot Cargo User once all of the Spot Cargo Volume has been made available to the Spot Cargo User as Regasified LNG.

  • This statement will advise each Long-Term User and Spot Cargo User of their LNG Position as of the start and end of the Contract Year and specify whether such Long-Term User or Spot Cargo Users has been a net Lender or net Borrower of LNG during such Contract Year.

  • Such Unused Capacity can be subsequently sold by the Terminal Operator to another party but only once the Unreserved Capacity on any one day has been fully sold by the Terminal Operator, either as a Long-Term Service or a Spot Cargo Service.

  • To enableand govern the LNG Borrowing and Lending, all Long-Term Users and Spot Cargo Users will be required to enter into the IUA attached hereto inAnnex A.

  • At the end of the Contract Year, Terminal Operator will issue to each Long- Term User and Spot Cargo User the balance of their Terminal User’s Account.

  • But nowhere did Hugh Claymer's servants see the black-cloaked shape they sought.

  • New Users may access a Spot Cargo Service for the current and the next Contract Year pursuant to one or more SCAs and all required Contracts and Guarantees at any time.

  • A Long-Term User or a Spot Cargo User who has delivered an LNG cargo shall Lend LNG from that cargo to the other Long-Term Users and Spot Cargo Users to meet such Users’ Prevailing Nomination pursuant to the Contracts.

Related to Spot Cargo

  • Cargo means any property carried on an aircraft other than mail, stores and accompanied or mishandled baggage;

  • DPSP means a deferred profit sharing plan within the meaning of the Tax Act;

  • Alloy means a metal consisting of a mixture of a basic metallic element and one or more metallic, or non-metallic, alloying elements.

  • average consumption means the average consumption of a customer of a municipal service during a specific period, and is calculated by dividing the total measured consumption of that municipal service by that customer over the preceding three months by three;

  • Pack means a package containing either 20 or 25 cigarettes.

  • Sewage system means the entire sewage treatment and subsurface disposal system;

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  • Ordinary time earnings means the salary, wage or other remuneration regularly received by the employee in respect of the time worked in ordinary hours and shall include shift work penalties, payments which are made for the purpose of District or Location Allowances or any other rate paid for all purposes of the award to which the employee is entitled for ordinary hours of work. Provided that "ordinary time earnings" shall not include any payment which is for vehicle allowances, fares or travelling time allowances (including payments made for travelling related to distant work), commission or bonus.