Stand-by charges definition
Stand-by charges means charges raised in respect of the costs of holding resources available where a vessel has been unproductive for a period of time and terminal staff are standing by, waiting recommencement of cargo working or in instances where a vessel elects to keep resources on stand-by for any reason whatsoever.
Stand-by charges means the charge for any stand-by time during which the Service Providers' employees cannot access the Offshore Site payable, by the Customer in accordance with the General Terms and Conditions.
Stand-by charges means charges raised in respect of the costs of holding resources