Examples of Excluded Period in a sentence
If Owner’s actual loading rate is less than such applicable minimum rate during any Excluded Period or as a result of Vessel limitations, then, in such event, Owner will have no liability for demurrage.
For the avoidance of doubt, such despatch payment obligations shall accrue to the extent such minimum rate is exceeded even if the related loading occurs (at Owner’s sole discretion) during any Excluded Period.
If the end of the notice period falls within an Excluded Period (ss.
Any Conditional Conversion Notice becomes unconditional at the end of the day on which the Acceptance Event occurs, regardless of whether or not that point in time falls within an Excluded Period.
The amount of any claim made under this Policy may be reduced where an Excluded Period of Claim applies.