Bunkering Clause Samples
The Bunkering clause defines the procedures and responsibilities related to the supply and use of fuel (bunkers) for a vessel during a charter. It typically outlines who is responsible for providing and paying for the fuel, the quality and specifications required, and the process for delivery and documentation. For example, the clause may specify that the charterer must supply fuel that meets certain standards and arrange for delivery at designated ports, while the owner ensures the vessel is ready to receive it. This clause is essential for preventing disputes over fuel quality, quantity, and costs, thereby ensuring smooth vessel operations and clear allocation of responsibilities.
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Bunkering. (only applicable if agreed according to Box 12) The Managers shall arrange for the provision of bunker fuel of the quality specified by the Owners as required for the Vessel’s trade.
Bunkering. The Managers shall arrange for the provision of bunker fuel, lubricants, etc., of the quality specified by the Owner as required for the trade of the Vessels.
Bunkering. Where bunkering takes place during a voyage in the FSM, the Community vessels shall report such activity in accordance with the specimen provided in Appendix 3(6).
Bunkering. During the Restrictive Period, ▇▇. ▇▇▇▇▇▇▇▇▇ also shall not directly or indirectly solicit any employees, contractors, vendors, suppliers or customers of the Company or Global to cease to be employed by or otherwise do business with the Company or Global, or to reduce the same, or to be employed or otherwise do business with any Restricted Business. Notwithstanding any provision of this Attachment C to the contrary, ▇▇. ▇▇▇▇▇▇▇▇▇ may own up to 3% of a publicly traded entity that is engaged in one or more of the Restricted Businesses. If any court determines that any of the provisions of this Attachment C are invalid or unenforceable, the remainder of such provisions shall not thereby be affected and shall be given full effect without regard to the invalid provisions. If any court construes any of the provisions of this Attachment C, or any part thereof, to be unreasonable because of the duration of such provision or the geographic scope thereof, such court shall have the power to reduce the duration or restrict the geographic scope of such provision and to enforce such provision as so reduced or restricted. Notwithstanding the foregoing or any other provision of this Agreement, nothing in this Attachment C shall limit ▇▇. ▇▇▇▇▇▇▇▇▇’▇ ability to perform services in any capacity or invest in any of the following: (i) money management firm; (ii) investment partnership; (iii) investment or private equity firm; or (iv) private equity or other investment fund; except that if any such firm, partnership or fund referenced in subsections (i) through (iv) contemplates or makes direct investments in Global or in any Restricted Business, ▇▇. ▇▇▇▇▇▇▇▇▇ must recuse himself and may not personally, in any respect, be actively involved, actively participate, or directly invest, and must fully comply with the provisions of Section 18 of this Agreement. Any restrictions on ▇▇. ▇▇▇▇▇▇▇▇▇ otherwise prohibited under this Attachment C may be waived only by express written permission of the Conflicts Committee of the Company’s Board of Directors. /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
Bunkering. No Vessel shall be permitted to bunker fuel while at the Terminal without the prior written consent of the Terminal Operator.
Bunkering. Fuel oil — TO BE PROVIDED Auxiliaries — TO BE PROVIDED
Bunkering. The Managers shall arrange for the provision of bunker fuel of the quality specified by the Owners, as required for the Vessel’s trade, or as the case may be such provision to be made by the Time Charterers of the Vessel. In case of Managers providing the bunker fuel oil, then Managers to appoint VPS (Veritas Petroleum Services) for assessing bunker quality/specifications. Managers shall not be responsible for quality/specification of bunkers provided and for any cost/damage resulting therefrom.