LNG Carrier Mode definition
Examples of LNG Carrier Mode in a sentence
Charterer shall inform in writing Owner of his intention to use the Vessel in LNG Carrier Mode and Owner shall as soon as reasonably possible and in all cases within a maximum ***** days of receipt of said notice, inform the Charterer when at the soonest the Vessel can proceed to said Voyage, being understood that this date shall not be later than ***** days after receipt of Charterer’s notice.
The purpose of this Amendment No. 2 is to set forth the terms and conditions under which Charterer may utilize the Vessel as an FSRU on the Project and to permit Charterer to enter into the Sub-Charter with CNOOC and to set out the specific conditions applicable between the Parties when the Vessel is used in FSRU Mode or LNG Carrier Mode for the Project.
At any time during the Sub-Charter Period, the Charterer is entitled to use the Vessel in LNG Carrier Mode and order the Vessel on a Voyage.
Consequently, the Charterer will not be entitled to either (a) order the Vessel to load or discharge at terminals located in the United States of America or (b) at any time after 20th August 2023 use the Vessel in LNG Carrier Mode, in each case unless the BWTS has been installed on the Vessel.
The purpose of this Amendment No. 4 is to set forth the terms and conditions under which the Vessel may be utilized as an FSRU at the Project and to permit the Sub-Charter with Sub-Charterer in respect of the Vessel and to set out the specific conditions applicable between the Parties when the Vessel is operating in FSRU Mode and specific amendments in Clause 6 and 7 of this Amendment No.4 relating to the Vessel’s use in LNG Carrier Mode.
The purpose of this Amendment No. 4 is to set forth the terms and conditions under which Charterer may utilize the Vessel as an FSRU at the Project and to permit Charterer to enter into the Sub-Charter with CNOOC in respect of the Vessel and to set out the specific conditions applicable between the Parties when the Vessel is used in FSRU Mode and specific amendments in Clause 6 and 7 of this Amendment No.4 relating to the Vessel’s use in LNG Carrier Mode.
Charterer shall inform in writing Owner of Sub-Charterer’s intention to use the Vessel in LNG Carrier Mode and Owner shall as soon as reasonably possible and in all cases within a maximum ***** days of receipt of said notice, inform the Charterer when at the soonest the Vessel can proceed to said Voyage, being understood that this date shall not be later than ***** days after receipt of Charterer’s notice.
Charterer shall inform in writing Owner of its intention to use the Vessel in LNG Carrier Mode and Owner shall as soon as reasonably possible and in all cases within a maximum ***** days of receipt of said notice, inform the Charterer when at the soonest the Vessel can proceed to said Voyage, being understood that this date shall not be later than ***** days after receipt of Charterer’s notice.