GNLS definition
Examples of GNLS in a sentence
Charterer shall compensate Owner for all time spend and all reasonable and documented costs and expenses incurred by Owner in connection with or related to (i) GNLS, the Project and/or the Sub-Charter, and/or (ii) the negotiation, preparation and completion of this Amendment No. 2 and any other documents related to the Sub-Charter, including but not limited to reasonable travel expenses and legal costs, provided however that such costs have been approved in advance and in writing by Charterer.
The purpose of this Amendment No. 2 is to set forth the terms and conditions under which the Vessel may be utilized as an FSRU on the Project and to permit the Sub-Charter with GNLS in respect of the Vessel and to set out the specific conditions applicable between the Parties when the Vessel is operating in FSRU Mode.