Common use of Allowed Laytime Clause in Contracts

Allowed Laytime. BUYER shall be allowed a total laytime per delivery by Vessel of (i) thirty-six (36) hours for Vessels discharging 150,000 or more Barrels of Product or (ii) twenty-four (24) hours for Vessels discharging less than 150,000 Barrels for deliveries regardless of the number of Delivery Points.

Appears in 2 contracts

Sources: Fuel Oil Purchase Contract, Fuel Oil Purchase Contract