STS Equipment definition
STS Equipment means the equipment necessary, including without limitation, all hoses and an adequate fendering system, to perform the STS Transfer;
STS Equipment means the equipment necessary, including without limitation, all hoses and an adequate fendering system, to perform the STS Transfer; EXECUTION VERSION 3 SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****).
Examples of STS Equipment in a sentence
The Charterer agrees to pay the sum of EURO 750,000 for the STS Equipment on board the LNGRV Excelsior, STS software (budgetted) installed on Excelsior and development, engineering and goodwill relating to STS Procedures and Equipment.
For the avoidance of doubt the aforementioned sum does not include the cost of research, development and acquisition of a quick disconnect system or any future additions, modifications or improvements to the STS Equipment.