Barge Sample Clauses
The 'Barge' clause defines the terms and conditions under which a barge—a flat-bottomed vessel used for transporting goods—may be used, operated, or chartered within the context of the agreement. It typically outlines responsibilities for the provision, maintenance, and operation of the barge, including who bears the costs and risks associated with its use. This clause ensures that both parties clearly understand their obligations regarding the barge, thereby minimizing disputes and allocating operational risks effectively.
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Barge. In the good faith opinion of the Guarantor and the Borrowers, Straits Offshore Ltd., which has contracted to purchase the Barge, is presently entitled to cancel its obligation to purchase the Barge without any requirement to pay any compensation.
Barge. The Barge shall be as identified on Exhibit A-1, attached hereto and incorporated herein (the attached Exhibit A-1 includes a description of the Barge to the degree currently possible; a final version of Exhibit A-1 shall be attached upon completion of construction of the Barge), and shall be outfitted in accordance with Exhibits A and C, attached hereto and incorporated herein. Such description, particulars and capabilities of the Barge shall be maintained by Carrier throughout the term of this Contract.
Barge. The portion of the Facility consisting of the hull, deck and superstructure upon which the Generator Sets and required electrical and auxiliary Equipment and Materials shall be installed as further described in the Specifications. Base Rate. The rate of interest defined in Section 6.1.5.
Barge. The quality of Product tendered into an Acquired Terminal via barge for Customer’s account shall be certified by an independent licensed inspector’s analysis indicating the Product so tendered shall conform to all federal, state and local Laws (including specifications) at the time of delivery. All costs for such analysis shall be borne by Customer. ▇▇▇▇▇▇▇▇▇ at its sole cost may sample any Product tendered to ▇▇▇▇▇▇▇▇▇ by barge for Customer’s account for the propose of confirming the accuracy of such analysis.
Barge. After April 1, 1995, such prices shall be subject only to the Adjustments herein specified.
1. BEGINNING APRIL 1, 1995. The Price f.o.
Barge. For receipts and deliveries of volumes to or from barges, custody shall pass at the flange where the hoses at WRT’s facility interconnect with the barge.
Barge. If Buyer shall have opted for coal to be delivered FOB barge, then the coal shall be delivered to Buyer F.O.B. barge at the Sebree dock at mile point 43.6 on the Green River or FOB barge at the Island loadout at mile point 32.9 on the Green River (the "Delivery Point"). Seller may deliver the coal at a location different from the Delivery Point, provided, however, that Seller shall reimburse Buyer for any resulting increases in the cost of transporting the coal to Buyer's generating stations. Any resulting savings in such transportation costs shall be retained by Buyer. Title to and risk of loss of coal sold will pass to Buyer and the coal will be considered to be delivered when barges containing the coal are disengaged by Buyer's barging contractor from the loading dock. Buyer or its contractor shall furnish suitable barges in accordance with a delivery schedule provided by Buyer to Seller. Seller shall arrange and pay for all costs of transporting the coal from the mines to the loading docks and loading and trimming the coal into barges to the proper draft and the proper distribution within the barges. Buyer shall arrange for transporting the coal by barge from the loading dock to its generating station(s) and shall pay for the cost of such transportation. For delays caused by Seller in handling the scheduling of shipments with Buyer's barging contractor, Seller shall be responsible for any demurrage or other penalties assessed by said barging contractor (or assessed by Buyer) which accrue at the Delivery Point, including the demurrage, penalties for loading less than the specified minimum tonnage CONTRACT #▇▇-▇▇▇-▇▇▇ per barge, or other penalties assessed for barges not loaded in conformity with applicable requirements. Buyer shall be responsible to deliver barges in as clean and dry condition as practicable. Seller shall require of the loading dock operator that the barges and towboats provided by Buyer or Buyer's barging contractor be provided convenient and safe berth free of wharfage, dockage and port charges; that while the barges are in the care and custody of the loading dock, all U.S. Coast Guard regulations and other applicable laws, ordinances, rulings, and regulations shall be complied with, including adequate mooring and display of warning lights; that any water in the cargo boxes of the barges be pumped out by the loading dock operator prior to loading; that the loading operations be performed in a workmanlike manner and in accordance with ...
Barge. Liability for demurrage incurred by the barge shall be borne in accordance with the applicable agreement regarding barge acceptance. In the absence of an agreement reached at the time of barge nomination, laytime allowed and demurrage shall be as per the applicable Charter Party rate, terms and conditions. In the absence of a Charter Party, for use of reference, the market demurrage rate and laytime allowed for a similar size barge on a similar voyage with a similar cargo will apply. Barge or tow equipment shall be handled with maximum expediency by both Parties and any delay beyond a typically allowed laytime for the type of equipment used shall be paid for at the then current rate for such equipment, or if the equipment is under charter, at the rate provided for in such charter contract.