Lightering. Lightering of the Vessel at the Delivery Port shall only be with the written consent of Seller which shall not be unreasonably withheld. Lightering at Seller’s request shall be at Seller’s expense. If lightering is requested by Buyer, the cost and expense of such lightering shall be for Buyer’s account and all time used in such lightering together with all delay consequent thereupon shall count against Laytime or time on demurrage. Buyer’s lightering vessel shall be acceptable to and approved by Seller. Such acceptance shall not be unreasonably withheld. Lightering shall be conducted in accordance with the latest Oil Companies International Marine Forum, or OCIMF, guidelines for ship-to-ship transfers.
Appears in 3 contracts
Sources: Crude Oil Purchase/Sale Agreement, Purchase/Sale Agreement (NuStar GP Holdings, LLC), Purchase/Sale Agreement (NuStar Energy L.P.)