DEADFREIGHT Sample Clauses

DEADFREIGHT. Should the Charterer fail to supply a full cargo, the Vessel may, at the Master’s option, and shall, upon request of the Charterer, proceed on her voyage, provided that the tanks in which cargo is loaded are sufficiently filled to put her in seaworthy condition. In that event, however, deadfreight shall be paid at the rate specified in Part I hereof on the difference between the intake quantity and the quantity the Vessel would have carried if loaded to her minimum permissible freeboard for the voyage.

DEADFREIGHT. Should the entire cargo quantity specified in Part I (E) not be supplied, Master shall give immediate notice to Charterer that such cargo quantity has not been furnished, indicating shortage, and shall then await Charterer’s instructions. Should Charterer fail to provide further cargo, Vessel, upon request of Charterer, shall then proceed on its voyage provided that the tanks in which the cargo is loaded are sufficiently filled to put it in a seaworthy condition. If any delay is caused to Vessel by reason of Master waiting for ▇▇▇▇▇▇▇▇▇’s instructions as aforesaid, such delay shall count as laytime or, if Vessel is on demurrage, as time on demurrage and any expense incurred by ▇▇▇▇▇▇ attributable solely to such delay shall be for Charterer’s account. Deadfreight shall be paid at the Base Freight Rate on the shortage (being the difference between the cargo quantity specified in Part I (E) and the quantity loaded as shown on the Bills of Lading) provided such deadfreight charge is fully documented by cable advice from Master or by deadfreight certificate. ▇▇▇▇▇▇▇▇▇ shall be credited with any freight on residues earned by Owner in accordance with Clause 33(a)(iii).

DEADFREIGHT. In the event the Seller is unable to load 95% of the Accepted Quantity in ADLR3 without incurring demurrage due to shortage of available quantity, the Seller shall compensate Buyer for any demurrage waiting for available cargo as per above.

DEADFREIGHT. In the event the Exporter is unable to load 95% of the Accepted Quantity in ADLR-3 without incurring demurrage due to shortage of available quantity, the Exporter shall compensate Marketer for any demurrage waiting for available cargo as per above. Alternatively, subject to Marketer's and Exporter's agreement, Exporter may short-load Tanker and pay associated deadfreight charges to Marketer. Marketer and Exporter agree to act in good faith to identify and choose the more cost effective means (between demurrage and deadfreight) to mitigate costs to Exporter associated with cargo shortage. Notwithstanding such identification of the more cost effective means, it is recognised that Marketer may not intentionally be able to delay Tanker beyond ADLR-3 to await loading of 95% of Accepted Quantity. Should this be the case, mutual agreement between Marketer and Exporter is not required as contemplated above and Marketer can order Tanker to sail with deadfreight after Laytime has been fully spent with such actual deadfreight cost being reimbursed by Exporter. Exporter is not liable to pay deadfreight if due to Force Majeure.