Common use of LAY TIME Clause in Contracts

LAY TIME. Lay time shall commence twelve (12) hours after the vessel tenders N/R unless sooner commenced. Time lost by the following causes shall not count as lay time : a) loading interruption due to rain, wind or heavy sea swell. b) Delays due to breakdown of the vessel’s loading equipment(s), ballasting equipment(s) or lighting equipment(s). c) Shifting time due to the vessel’s requirements (shifting time due to SELLER’s requirement shall count as lay time). d) Excess time resulting from the vessel arriving at Anchorage Point prior to the lay days agreed between the BUYER and the SELLER, provided however that in case the SELLER can arrange to load prior to such lay days, time actually used for loading shall count as lay time. e) Time lost due to the causes stipulated in Article 13 herein. Provided that the SELLER or the SELLER’s representative declares to the master of the vessel or his agent the situation is one of the Force Majeure events pursuant to Article 13, the time from when Force Majeure is declared to when the Force Majeure event terminates shall not count as lay time. However, the time from when Force Majeure event(s) occur(s) to when Force Majeure is declared shall count as lay time. Notwithstanding the provisions stipulated in above (a), (b), (c), (d) and (e) after the BUYER’s vessel is on demurrage, all time lost shall continuously count as lay time, including the case when Force Majeure is declared after the vessel is on demurrage.