Redelivery Service definition
Examples of Redelivery Service in a sentence
Any LNG Redelivery Service provided by Terminal Operator to Shipper under this LTA shall also be governed by the procedures, rules and regulations contained in the LNG Access Code (the “AC”) as approved by the ▇▇▇▇.
Together with the invoice, the utilization rate of the LNG Redelivery Services and a detailed summary table per performed LNG Redelivery Service shall be communicated, particularly including the gas allocation and measurement results.
If the LNG Redelivery Service has a duration of less than thirty (30) Days, the Shipper shall pay to the Terminal Operator at the latest on the date of subscription of the LNG Redelivery Service, the expected invoice amount (VAT included).
For the avoidance of doubt, unless relieved by another provision of this LTA, the Monthly Capacity Charge is payable irrespective of whether Shipper actually uses the LNG Redelivery Service it has subscribed via the Services Confirmation for that Month.
In case the Shipper has decided to terminate the concerned LNG Redelivery Service, such termination shall occur upon (i) notice to terminate to the other Party, and (ii) such notice to terminate being given within ninety (90) Days of the end of such ninety (90) Day period following receipt of the notice of Force Majeure exceeding 24 Months or as the case may extended with the duration of the arbitration procedure when the duration of the Force Majeure Event is contested.
Re- delivery will be offered to the client no later than the following business day, provided the client/sponsor is again willing to pay the Basic Re-delivery Service Fee.