Spot Cargo definition

Spot Cargo means any cargo of LNG which is delivered, or is scheduled to be delivered, to the Terminal pursuant to a Spot Capacity Agreement. [“Carico Spot” in the Italian text]
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Examples of Spot Cargo in a sentence

  • Such Spot Cargo User may be required to Lend LNG after the Spot Cargo arrives.

  • Such Spot Cargo User may be required to Borrow LNG before the Spot Cargo arrives at the Terminal.

  • Such Borrowing and Lending shall result in a net zero LNG Position in relation to such Spot Cargo User once all of the Spot Cargo Volume has been made available to the Spot Cargo User as Regasified LNG.

  • This statement will advise each Long-Term User and Spot Cargo User of their LNG Position as of the start and end of the Contract Year and specify whether such Long-Term User or Spot Cargo Users has been a net Lender or net Borrower of LNG during such Contract Year.

  • Such Unused Capacity can be subsequently sold by the Terminal Operator to another party but only once the Unreserved Capacity on any one day has been fully sold by the Terminal Operator, either as a Long-Term Service or a Spot Cargo Service.

  • To enableand govern the LNG Borrowing and Lending, all Long-Term Users and Spot Cargo Users will be required to enter into the IUA attached hereto inAnnex A.

  • At the end of the Contract Year, Terminal Operator will issue to each Long- Term User and Spot Cargo User the balance of their Terminal User’s Account.

  • But nowhere did Hugh Claymer's servants see the black-cloaked shape they sought.

  • New Users may access a Spot Cargo Service for the current and the next Contract Year pursuant to one or more SCAs and all required Contracts and Guarantees at any time.

  • A Long-Term User or a Spot Cargo User who has delivered an LNG cargo shall Lend LNG from that cargo to the other Long-Term Users and Spot Cargo Users to meet such Users’ Prevailing Nomination pursuant to the Contracts.

Related to Spot Cargo

  • bulk cargo means any quantity of alumina or the usual bulk materials used in an alumina industry and being bauxite or alumina for shipment or materials consigned for use by the Company or by any subsidiary Company or by any associated Company in connection with its operations in that industry;

  • Night care means any care that is offered by a licensed group child care center between 9:00 p.m. and 5:00 a.m.

  • NSPOT means NCDEX Spot Exchange Ltd., which has been appointed by FCI for conducting E-Auction on its behalf.

  • Boot camp means a short term secure or nonsecure juvenile residential facility with highly

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • Spot network means a type of electric distribution system that uses two or more inter-tied transformers to supply an electrical network circuit. A spot network is generally used to supply power to a single customer or a small group of customers. Spot network has the same meaning as the term "spot network" defined in Section 4.1.4 of IEEE Standard 1547.

  • Maritime cargo handling services means activities exercised by stevedore companies, including terminal operators, but not including the direct activities of dockers, when this workforce is organised independently of the stevedoring or terminal operator companies. The activities covered include the organisation and supervision of:

  • Cargo means any property carried on an aircraft other than mail, stores and accompanied or mishandled baggage;

  • Supported Wage System means the Commonwealth Government system to promote employment for people who cannot work at full Award wages because of a disability as documented in “[Supported Wages System: Guidelines and Assessment Process]”.

  • Spot Market Energy means energy bought or sold by Market Participants through the PJM Interchange Energy Market at System Energy Prices determined as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • DPSP means a deferred profit sharing plan within the meaning of the Tax Act;

  • Alloy means a metal consisting of a mixture of a basic metallic element and one or more metallic, or non-metallic, alloying elements.

  • DAP Delivery at Place" DAP (as that term is defined in Incoterms 2010, International Rules for the Interpretation of Trade, ICC Publication No. 715) at Delivery Place.

  • SIFMA Municipal Swap Index means the Securities Industry and Financial Markets Association Municipal Swap Index, or such other weekly, high-grade index comprised of seven-day, tax-exempt variable rate demand notes produced by Municipal Market Data, Inc. or its successor, or as otherwise designated by the Securities Industry and Financial Markets Association; provided, however, that if such index is no longer produced by Municipal Market Data, Inc. or its successor, then SIFMA Municipal Swap Index shall mean (i) the S&P Municipal Bond 7 Day High Grade Rate Index produced by Standard & Poor’s Financial Services LLC or its successors or (ii) if the S&P Municipal Bond 7 Day High Grade Rate Index is no longer produced, such other reasonably comparable index selected in good faith by the Board of Trustees of the Fund and consented to in writing by Holders of greater than 50% of RVMTP Shares, which shall not be unreasonably withheld by such Holders.

  • average consumption means the average consumption of a customer of a municipal service during a specific period, and is calculated by dividing the total measured consumption of that municipal service by that customer over the preceding three months by three;

  • Bottle means any vessel intended to contain liquids and having a capacity of not more than 43

  • Pack means a package containing either 20 or 25 cigarettes.

  • Sewage system means the entire sewage treatment and subsurface disposal system;

  • Finished grade means the grade upon completion of the fill or excavation.

  • Milk means the produce of the milking of one or more cows;

  • SMC means a safety management certificate issued in respect of a Ship in accordance with rule 13 of the Code;

  • FMS Means the provision by Cartrack to the Client of a real-time web-based system whereby the Client is able to position, monitor and obtain reports covering various aspects of driver and vehicle performance. This Service only applies where a GPS fleet management Unit is installed and is limited to the Territory, except if the Product specifically incorporates international data roaming, in which case the roaming data service will be provided in specified countries.

  • Regular Full-Time Employee means an employee who is appointed to a regularly scheduled position and is regularly scheduled to work full-time in accordance with Article 14 (Hours of Work and Scheduling). A regular full-time employee is entitled to all of the benefits outlined in the agreement except where otherwise specified.

  • Ordinary time earnings means the salary, wage or other remuneration regularly received by the employee in respect of the time worked in ordinary hours and shall include shift work penalties, payments which are made for the purpose of District or Location Allowances or any other rate paid for all purposes of the award to which the employee is entitled for ordinary hours of work. Provided that "ordinary time earnings" shall not include any payment which is for vehicle allowances, fares or travelling time allowances (including payments made for travelling related to distant work), commission or bonus.

  • Spot means the currency transaction made at the current Market Price with a subsequent delivery/settlement on the second business/banking day upon the transaction made;

  • TELRIC means Total Element Long-Run Incremental Cost.