Examples of Terminal operator in a sentence
Without modifying or limiting a Party’s obligations regarding obtaining and maintaining its respective necessary Authorisations, Spot Cargo User and Terminal Operator shall reasonably cooperate with each other upon request wherever necessary for this purpose.
Such costs shall be apportioned pro rata between all Users of the Terminal at the time such costs are accrued and shall be invoiced by Terminal Operator to Spot Cargo User in accordance with clause 12, except for cases of a Failed LNG Cargo, where the costs will be recovered by the Defaulting User, as described in the IUA.
Such audit shall be conducted at the head office of Terminal Operator, during Terminal Operator’s regular business hours and on reasonable prior notice.
Spot Cargo User agrees and acknowledges that the Spot Cargo User’s Guarantee may be insufficient to cover the liabilities incurred by Terminal Operator following a Spot Cargo User Event of Default, and that Terminal Operator’s remedies shall not be limited to drawing against the Spot Cargo User’s Guarantee.
Terminal Operator shall provide to the Financial Lender to whom such indebtedness is owed a consent to assignment or similar document in form and substance customary for similar financing transactions and agreed by such Financial Lender and Terminal Operator.