Laycan Window definition

Laycan Window means a period designated by the Terminal Operator, the earliest day of which is the first day on which an approved Vessel may tender a valid NOR to commence loading at such Terminal, and after the last day of which Terminal Operator is not obligated to accept an NOR.
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Laycan Window means the period of time during which the Vessel is to present itself at the Cargo Transfer Point, as established by the Special Provisions, and is within the date range set forth in the Agreement.
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Examples of Laycan Window in a sentence

  • Subject to the terms and conditions in the Agreement, Customer will have the right to nominate a Requested Laycan Window pursuant to the Marine Provisions for the loading of the Cargo onto a Vessel at a Dock under the Agreement (the “Laycan Nomination”).

  • However, if Customer fails to timely elect, or otherwise elects not to deliver a Laycan Nomination, pursuant to Section 4.4.1 above, (a) the Terminal Services Fee shall not be reduced or otherwise abated, (b) Customer shall not be entitled to carry over any such un-made Laycan Nomination for any other Requested Laycan Window, and (c) Customer may not apply any un-nominated volumes of Product for redelivery to any other Vessel.

  • Notwithstanding anything to the contrary in the Agreement or the Marine Provisions, if Customer submits the Laycan Nomination in accordance with Section 4.4.1 above, then Enterprise will either (a) accept the Requested Laycan Window covered by the Laycan Nomination, or (b) offer to Customer one or more Alternative Laycan Windows within the Customer Assigned Decade.

  • Notwithstanding anything to the contrary in the Marine Provisions, the Requested Laycan Window specified in the Laycan Nomination must be within the Customer Assigned Decade.

  • Customer will provide credit support in form and substance determined by and satisfactory to Enterprise to guaranty payment by Customer under the Agreement by at least five (5) Business Days before the first Day of the Confirmed Laycan Window.

  • In the event that Customer returns a Vessel questionnaire in respect of a nominated Vessel as required pursuant to the Marine Provisions, but subsequently cancels the Vessel covered by such Vessel questionnaire less than twenty- four (24) hours prior to the first (1st) Day of the Confirmed Laycan Window, then Customer shall pay to Enterprise a late Vessel cancellation fee of $450 for such Vessel.

  • In order to facilitate dock optimization, in the event a Vessel arrives at the customary anchorage or other waiting area for the Terminal prior to the start of the Confirmed Laycan Window for such Vessel, Enterprise reserves the right (but not the obligation), at its sole discretion, to order such Vessel to immediately transit to berth at a Dock.

  • The Initial Credit Support will be due from Customer at least five (5) Business Days before the first Day of the Confirmed Laycan Window.

  • If, due to a Force Majeure declared by Enterprise, the loading of a Cargo that is the subject of a Confirmed Nomination cannot be completed on or prior to the date that is fifteen (15) Days following the last Day of the Confirmed Laycan Window, then the Cargo shall be deemed to have been cancelled; provided, that the Cancellation Fee set forth in Section 6.3 shall not apply to a Cargo cancellation pursuant to this Section 4.4.5.

Related to Laycan Window

  • Service Window means the time periods during the Service Period during which the Provider agrees to make Available, and provide in accordance with this Agreement, the Flexibility Services to the Company, as defined in Schedule 1;

  • Window means one of three accounts of the CGIAR Fund, as specified in the Contribution Agreements and Arrangements, including the Governance Framework, and together the “Windows”.

  • Trading Window means a trading period for trading in Company‘s Securities as specified by the Company from time to time

  • Peak-Hour Dispatch means, for purposes of calculating the Energy and Ancillary Services Revenue Offset under Tariff, Attachment DD, section 5, an assumption, as more fully set forth in the PJM Manuals, that the Reference Resource is committed in the Day-Ahead Energy Market in four distinct blocks of four hours of continuous output for each block from the peak-hour period beginning with the hour ending 0800 EPT through to the hour ending 2300 EPT for any day when the average day-ahead LMP for the area for which the Net Cost of New Entry is being determined is greater than, or equal to, the cost to generate (including the cost for a complete start and shutdown cycle) for at least two hours during each four-hour block, where such blocks shall be assumed to be committed independently; provided that, if there are not at least two economic hours in any given four-hour block, then the Reference Resource shall be assumed not to be committed for such block; and to the extent not committed in any such block in the Day- Ahead Energy Market under the above conditions based on Day-Ahead LMPs, is dispatched in the Real-Time Energy Market for such block if the Real-Time LMP is greater than or equal to the cost to generate under the same conditions as described above for the Day-Ahead Energy Market.

  • Cold Weather Alert means the notice that PJM provides to PJM Members, Transmission Owners, resource owners and operators, customers, and regulators to prepare personnel and facilities for expected extreme cold weather conditions.