Option Notice. The Option may be exercised by Partners at any time before the expiry of the Time Charter unless another time charter satisfactory to Partners is or has been entered into in respect of the Ship by serving an irrevocable Option Notice on GLNG and 2226 UK at least one month before the proposed date for entry into such new charter.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Golar LNG Partners LP)