Vessel Nomination Form definition

Vessel Nomination Form means the form available from CBH or online via LoadNet® for MarketersTM on which all Vessel Nominations must be made.
Vessel Nomination Form means the form specified in Section 5 of these Delivery Procedures.
Vessel Nomination Form means the form specified in Section 5 of these Delivery Procedures. 1.3 In sections where more than one time zone is referenced, (e.g. both London Prevailing Time and Singapore Prevailing Time, or UAE Prevailing Time), this is for convenience only. In the event of a conflict between such times specified, the first time zone specified shall take precedence. 2. DELIVERY SPECIFICATION 2.1 ScopeThe ICE Murban Crude Oil Futures Contract shall be for the sale and delivery of Murban meeting the relevant contract specification set out in ICE Futures Abu Dhabi Rules and in accordance with, or as otherwise allowed under, the Contract Terms and Contract Procedures in those rules, by the Seller to the Buyer, at the Terminal. Delivery shall be scheduled to take place on one or more consecutive Terminal Loading Days within the Delivery Range. Such Delivery Range must fall within the Delivery Period. 2.2 Delivery Mode 2.2.1 Delivery shall be made by the Seller on a free-on-board (“FOB”) Fujairah basis at the Terminal onto the Buyer’s Vessel, as a full or part cargo, during the Delivery Period, within a delivery loading volume tolerance of plus or minus zero point two percent (0.2%). 2.2.2 There is no specified minimum quantity of Murban Crude Oil to be delivered for the purposes of the ICE Murban Crude Oil Futures Contract. However, parties should be aware that in relation to each Vessel the Terminal Operator imposes a minimum loading requirement (which may be amended from time to time) of two hundred thousand (200,000) Barrels (i.e. 200 lots) for deliveries at the Terminal of Murban Crude Oil resulting from the ICE Murban Crude Oil Futures Contract ("Terminal Minimum Loading Requirement"). For the purposes of complying with the Terminal Minimum Loading Requirement, a Buyer may co-load on the Vessel: (a) one or more Exchange traded lots of Murban Crude Oil delivered in accordance with one or more ICE Murban Crude Oil Futures Contract(s); with (b) one or more parcel(s) of Murban Crude Oil in one or more over the counter / non-Exchange transaction(s) ("OTC") for FOB loading at Fujairah; provided that

Examples of Vessel Nomination Form in a sentence

  • The Vessel Nomination Form shall include, inter alia, the nominated Delivery Day, which must be a day within the Delivery Range, and approximate time for initiating delivery and details of the Vessel onto which Murban Crude Oil subject to delivery is to be loaded.

  • A Vessel Nomination Form in relation to a Shipping Window must be provided no later than twenty-two (22) days prior to the ETA of the vessel actually nominated to be loaded in the Vessel Nomination.

  • If the Vessel Nomination Form is received by the Clearing House after 14.00 LPT on any given day, it will be deemed to have been given on the following calendar day.

  • The Buyer shall submit to the Seller (with a copy to the Clearing House), no later than 14.00 LPT on the fifth calendar day prior to the first day of the Delivery Range, the Vessel Nomination Form.

  • L.5 DELIVERY DAY AND VESSEL NOMINATION (a) The Buyer shall submit to the Seller (with a copy to the Clearing House), no later than 14.00 LPT on the fifth calendar day prior to first day of the Delivery Range, the Vessel Nomination Form.

  • Re-nomination or substitution of Vessel is permitted provided the Buyer submits a new Vessel Nomination Form to the Seller (with a copy to the Clearing House) no later than five calendar days prior to the first day of the Delivery Range.

  • The Client has until 21 days prior to the commencement of the Confirmed Outturn Period to furnish additional information so requested on the Vessel Nomination Form.

  • REQUIRED INFORMATIONRTI requires that Vessel nominations be submitted with a completed Terminal Vessel Nomination Form; this form will be used to identify preliminary suitability requirements in the Vessel vetting process that occurs pursuant to Section 3.7(b)(i).

  • The table below indicates the deadlines for the receipt of an ICE Murban Crude Oil Futures: Vessel Nomination Form.

  • Vessel Nominations The Customer must request any Port Outturning Services required either online through LoadNet® for MarketersTM, or on a Vessel Nomination Form.


More Definitions of Vessel Nomination Form

Vessel Nomination Form means the form specified in Section 5 of these Delivery Procedures. 1.3 In sections where more than one time zone is referenced, (e.g. both London Prevailing Time and Singapore Prevailing Time, or UAE Prevailing Time), this is for convenience only. In the event of a conflict between such times specified, the first time zone specified shall take precedence.

Related to Vessel Nomination Form

  • Relevant Nominating Body means, in respect of a benchmark or screen rate (as applicable):

  • New Director means an individual whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Alternate Director means a person elected or appointed to serve, as the occasion requires, as a member of the board of a company in substitution for a particular elected or appointed director of that company;

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Nomination means a request by a Shipper to Carrier to transport a stated quantity of Crude Petroleum on the Pipeline for the account of such Shipper in any month.

  • Application Form means any application form to be completed by subscribers for Shares as prescribed by the Company from time to time.