Laytime definition
Laytime means the amount of time that a charterer has to load a vessel before the vessel is deemed to be on Demurrage.
Laytime means the time allowed to Seller for the loading of Murban on board a Vessel at the Terminal, as calculated in accordance with and further detailed by the ADNOC GTCs;
Laytime means time allowed to the Seller for loading crude oil at loading terminal as per Article 9.8.
Examples of Laytime in a sentence
Laytime or time on demurrage, as herein provided, shall commence or resume upon the expiration of six (6) hours after receipt by Charterer or its representative of Notice of Readiness or upon ▇▇▇▇▇▇’s Arrival in Berth, whichever occurs first.
Laytime shall not commence before 0600 hours local time on the Commencing Date specified in Part I (B) unless Charterer shall otherwise agree, in which case laytime shall commence upon commencement of loading.
Laytime or, if Vessel is on demurrage, time on demurrage, shall continue until all cargo hoses have been completely disconnected upon the final termination of the loading or discharging operation.
More Definitions of Laytime
Laytime means a period of time determined pursuant to clause 3.8.1 of chapter IV, which shall commence in accordance with clauses IV.3.2 through IV.3.4. [“Tempo di Stallia” in the Italian text]
Laytime means time allowed to unload / discharge the cargo from mother Vessel. It shall be determined by dividing the quantity agreed to be unloaded from the Vessel by the unloading rates guaranteed by Buyer.
Laytime means the period of time agreed for loading vessels in accordance with the loading rates stipulated in these Regulations;
Laytime means the time allowed to Seller for the loading of each Shipment of Crude Oil on board a Vessel, as calculated in accordance with this Contract.
Laytime means the time allowed to the Buyer for discharging the Sulphur as specified in Clause 9.1;
Laytime means the period of time during which Impala must load the Vessel at the loading rates set forth herein subject to all other terms herein.
Laytime means the time allowed for the vessel’s cargo to be loaded /discharged without incurring demurrage (36 + 36 hours).