Adjustment of Charter For Conventional LNG Vessel Operations Sample Clauses

Adjustment of Charter For Conventional LNG Vessel Operations. In the event the Vessel shall be operated for the remainder of the Term solely as a conventional LNG vessel and not as an LNGRV, the parties shall make corresponding adjustments in each party’s obligations under this Charter to appropriately address such situation. In particular, the parties shall revise the following: (a) Owner’s undertakings, representations and warranties under Article 4 relating to an LNG regasification vessel; (b) rights of the parties under section 16.3 relating solely to the Regasification Components; (c) obligations of the parties under Article 15 to update the LNGRV Operating Manual; and (d) obligations of Owner under Article 29 relating to measuring devices used solely on an LNG regasification vessel. The provisions of this section 4.13 shall be without prejudice to the parties’ rights and obligations under Article 47 in relation to ownership, confidentiality and use of LNGRV Confidential Information.
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Related to Adjustment of Charter For Conventional LNG Vessel Operations

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  • ADDITIONAL SPECIAL CONTRACT CONDITIONS Special Contract Conditions revisions: the corresponding subsections of the Special Contract Conditions referenced below are replaced in their entirety with the following:

  • Recognition of U.S. Special Resolution Regimes (a) In the event a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of this Agreement (and any interest and obligation in or under, and any property securing, this Agreement) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement (and any interest and obligation in or under, and any property securing, this Agreement) were governed by the laws of the United States of America or a State of the United States of America. (b) In the event that a Covered Party or any BHC Affiliate of such Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, any Default Right under this Agreement that may be exercised against such Covered Party is permitted to be exercised to no greater extent than such Default Right could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States of America or a State of the United States of America.

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  • Change Orders and Contract Amendments 33.1 The Procuring Entity may at any time order the Supplier through notice in accordance GCC Clause 8, to make changes within the general scope of the Contract in any one or more of the following: a) drawings, designs, or specifications, where Goods to be furnished under the Contract are to be specifically manufactured for the Procuring Entity; b) the method of shipment or packing; c) the place of delivery; and d) the Related Services to be provided by the Supplier. 33.2 If any such change causes an increase or decrease in the cost of, or the time required for, the Supplier's performance of any provisions under the Contract, an equitable adjustment shall be made in the Contract Price or in the Delivery/Completion Schedule, or both, and the Contract shall accordingly be amended. Any claims by the Supplier for adjustment under this Clause must be asserted within twenty-eight (28) days from the date of the Supplier's receipt of the Procuring Entity's change order. 33.3 Prices to be charged by the Supplier for any Related Services that might be needed but which were not included in the Contract shall be agreed upon in advance by the parties and shall not exceed the prevailing rates charged to other parties by the Supplier for similar services.