Laydays definition

Laydays means the period set out in a Confirmation that designates the time period during which a Cargo is scheduled to be loaded or discharged, as the case may be.

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Laydays means a range of 3 Days, the middle Day of which is the Scheduled Day and the Scheduled Day shall fall wholly within the Specified Month;

Laydays means the period of time, in days, specified in the Special Provisions, during which a Party’s Marine Vessel must complete loading or discharging of Product carried pursuant to this Agreement.

Examples of Laydays in a sentence

• If the Vessel arrives within the Laydays, it is anticipated that loading of the Cargo may not be completed before the Laydays expire.

• The Laydays in the relevant Confirmation constitute a window for arrival of the Vessel at the Cargo Transfer Point.

• Anything to the contrary notwithstanding, Seller may, at its sole option, and without prejudice to its other rights and remedies, reject any Vessel which arrives at the Cargo Transfer Point after Laydays have expired.

• Any changes agreed above shall be the Firmed Layday(s), if not, IWG Layday(s) will be the firmed Layday(s).

• Laydays will commence at 0800 AM (local time) on the next working day after the NOR has been tendered, WCCON, WIFPON, WIPON, WIBON.

• Laytime for a Vessel arriving after its Laydays begins when the Vessel is all fast to the dock.

• If a Vessel tenders NOR after 2400 hours (local time) on the last day of Laydays, Seller shall have the right to refuse to load the Vessel.

• It shall make no reference to the name of a vessel or the Cargo Reference Number(s) and is to be valid for loading commencing before, during or after the Laydays.

• Unless stated to the contrary in the Special Provisions, if a Vessel tenders a valid NOR prior to the first day of Laydays, Seller shall not be under any obligation to commence loading prior to 0600 hours (local time) on the first day of Laydays.

• Guild (CMSG) Expires: September 30th 2015 1.16 Leave (Lay-days) 10.

More Definitions of Laydays

Laydays means days allowed for loading or unloading of a vessel as agreed upon between Owners and Charterers.

Laydays means the agreed period of time during which the Vessel is to arrive at the Terminal for loading or discharging as established by a mutual scheduling agreement, provided that such period of time is within the delivery period set forth in this Agreement.

Laydays means the period set out in the Confirmation, or as further narrowed or modified by agreement between the parties, which designates the time period during which the Terminal Party is scheduled to deliver the Product to the Vessel Party or the Vessel Party is scheduled to deliver the Product to the Terminal Party, as applicable, according to the Incoterm stated in the Confirmation. For purposes of CFR/CIF deliveries, the Terminal Party and the Vessel Party may agree by specifying in the Confirmation that the Laydays are given for the sole purpose of calculating laytime and demurrage, and shall not be construed as establishing a guaranteed date of arrival or delivery at the Cargo Transfer Point.

Laydays refers to the Delivery Window at the load port specified in the Confirmation of this Agreement or subsequent individual delivery/receipt periods nominated and accepted in writing between scheduling contacts to this Agreement.

Laydays means the date range accepted by the Loading/Discharge Terminal operator (as the case may be) for the presentation of the Vessel for loading/discharging at such Loading/Discharge Terminal;

Laydays means the spread of loading days determined in accordance with clause 3.1(c); Laytime means the time available for loading the vessel; LIBOR means in relation to any period the 1 month London Inter-bank Offered Rate for United States Dollars from time to time as quoted by Reuters at 11:00am on the first day of such period or if no such rate is then quoted, on the next succeeding day on which such rate is so quoted; NCV means net calorific value; NOR means the notice tendered by the master of Buyer’s Vessel confirming the physical readiness of the vessel to load in accordance with clause 4.1;