BTT definition
Examples of BTT in a sentence
Other than VAT, all other type of taxes (eg : NBT, BTT, etc.) should not be indicated separately and should be included in unit price.
Any independent surveyor appointed by the Customer shall be the Customer’s agent for all intents and purposes and the Customer shall be responsible for all his fees and expenses and any instructions given by that independent surveyor to BTT shall be deemed to have been given by the Customer.
BTT must be notified in writing at least four Business Days before the arrival of the ship of the Customer’s Tank allocations from its Reserved Capacity for the Product to be Received.
The Customer agrees that BTT’s lien constitutes continuing covering security for all amounts owed to BTT in terms of each agreement.
Any offloading or loading of a ship will be undertaken entirely at the Customer’s risk and the Customer hereby indemnifies BTT against any Claim which arises from or in connection with such activity.
Dispatch of the Product by BTT to the Customer or any person to whom the Customer instructs BTT in writing to release the Product shall remove the Product from the control, care and custody of BTT.
Despite the Customer’s consent to jurisdiction, BTT may, in its sole discretion, bring proceedings in any other court of competent jurisdiction.
If required by the Customer by written notice to BTT, BTT will provide steam for heating the Tank in the Installation in which the Product is stored at an additional charge to the Customer as set out in the Schedule.
BTT is not obliged to comply with any unloading or loading rates unless those rates are expressly agreed between the parties and set out in the Schedule.
The Customer shall have no Claim against BTT arising from or in connection with the exercise by BTT of its rights in terms of this clause 9.8. BTT shall not be entitled to payment of Storage Charges in respect of the specific Tank being maintained for the period of the routine or special maintenance.