Common use of Shipping Details Clause in Contracts

Shipping Details. In respect of each shipment of Styrene which Buyer wishes Seller to deliver, Buyer shall give to Seller a written nomination setting out: 6.5.1 the quantity of Styrene which Buyer wishes to be delivered in that shipment [*****] 6.5.2 a fifteen (15) day laycan in which the Buyer wishes the shipment to be loaded at Port of Shipment, the first day of which laycan may not be earlier than thirty (30) days after the day on which the order is given to the Seller; and 6.5.3 the details of the vessel nominated by Buyer to carry the shipment, such as the vessel’s name, age, deadweight, draft and prior cargo. In the event that either Party becomes aware that a nominated vessel has been cancelled or is likely to (between JCP and Dow Europe) Effective Date: June 30, 2004 be delayed or otherwise restricted, such Party shall promptly notify the other Party of the same, and Buyer shall then use all reasonable endeavors to mitigate the effects of such delay or cancellation. 6.5.4 Buyer shall nominate a vessel with a laytime based on minimum 200 MT/hr reversible SHINC unless otherwise mutually agreed upon.

Appears in 2 contracts

Sources: Sale and Purchase Agreement (Styron Canada ULC), Sale and Purchase Agreement (Trinseo S.A.)