Vessel Nomination Clause Samples

Vessel Nomination. 22.1 Unless otherwise agreed in the Schedule, Buyer will, at least fifteen (15) days before the first day of the agreed loading date range, provide to Seller by electronic mail the following details necessary to implement this Agreement: 22.1.1 a Q88 questionnaire of the nominated ▇▇▇▇▇▇ and/ or the name of the vessel, date built, summer deadweight, flag and cargo tank capacity excluding slop tanks; 22.1.2 the expected date of the Vessel’s arrival at the Terminal; 22.1.3 the quantity and quality of the grade(s) of Product to be loaded; and 22.1.4 charter party demurrage rate of the nominated Vessel or its substitute. 22.2 In case of rejection, ▇▇▇▇▇ will, as soon as possible, nominate to Seller an alternative Vessel for Seller’s prompt acceptance or rejection, and, in the case of the latter, the Parties will negotiate a mutually acceptable nomination. 22.3 Buyer may, if necessary, to perform its obligations hereunder and with ▇▇▇▇▇▇’s prior written consent, substitute any Vessel with another Vessel which is similar in all material respects to the Vessel so replaced. Buyer may also, with ▇▇▇▇▇▇’s prior written consent and by giving Seller reasonable notice, amend in other respects any Vessel nomination or series of Vessel nominations. If such amendment is rejected by Seller, the Parties will negotiate a mutually acceptable alternative Vessel nomination. 22.4 Buyer warrants, undertakes and indemnifies Seller for any loss incurred as a consequence of failure to keep to the undertaking that: 22.4.1 it is familiar with the latest Vessel size restrictions, including but not limited to, deadweight, draught, beam and overall length limitations of the Terminal and will not nominate a Vessel exceeding such limitations; 22.4.2 it is familiar with, and will cause the Vessel to comply with, all regulations in force at the terminal, including but not limited to, those relating to fires on board Vessels; and 22.4.3 it shall ensure that each Vessel nominated hereunder will, at the time of loading: 22.4.3.1 comply with all applicable rules, regulations and directions of the governmental, local and terminal authorities and will conform in all material respects to all relevant international regulations and agreements; 22.4.3.2 have hull, machinery, boilers, tanks, equipment and facilities which are in good order and condition, in every way fit for the service required and fit to carry the cargo specified; 22.4.3.3 have a full and efficient complement of master, officers and ...

Vessel Nomination. 8.1. Buyer shall, at its own risk and expense, nominate and provide a Vessel which is in all respects ready to and capable of loading the Seller's Oil at the Load Port within the nominated loading date range, and that is in compliance with this Agreement and the Port Regulations. The Etame Lifting Procedures shall apply to each Lifting. 8.2. Buyer shall nominate Vessel at least ten (10) calendar days prior to the Vessel's arrival at the Load Port. 8.3. The Vessel nominated by Buyer shall: (a) be equipped and manned so as to be able to meet all applicable maritime regulations in accordance with the applicable International Standards; (b) comply with the applicable rules and be compatible with the Load Port; (c) be of the dimensions and technical specifications set out from time to time by Seller; (d) be safely manned, operated and maintained in good working order and condition by a competent and reputable operator; (e) shall be constructed and operated m accordance with all applicable laws, treaties, conventions, rules and regulations of the country of vessel registry and all laws, treaties, conventions, rules and regulations applicable at the Load Port, including those for the protection of the environment or which relate to seaworthiness, pollution, design, safety, navigation, operation and similar technical and operational matters, and in accordance with International Standards; and (f) shall be entered for insurance with a member that has full entry in the International Group of P&I Clubs, including pollution liability standard. Upon request by Seller, Buyer shall provide to Seller satisfactory evidence that the insurance required pursuant to this paragraph

Vessel Nomination. 2.1 In respect of each Lifting, Buyer shall, at its own risk and expense, nominate and provide a Vessel which is in all respects ready to and capable of loading the Seller's Oil at the Load Port within the nominated loading date range, and that is in compliance with this Agreement and the Port Regulations. Seller may, but always acting reasonably, refuse to load any Vessel that in its sole opinion does not comply with the terms of this Section 2. 2.2 At least ten (10) days before the first day of the five (5) day loading date range specified in Clause 7.2, Buyer shall nominate the Vessel that is proposed to accept delivery of the Seller's Oil, including written notice of the following information concerning the nominated Vessel: 2.2.1 the name of the Vessel (and its previous name(s), if changed within the preceding twelve (12) months); 2.2.2 the summer deadweight tonnage of the Vessel; 2.2.3 the Vessel's agent at the Load Port; 2.2.4 the current position of the Vessel (as at the date of the nomination); 2.2.5 the name of the intended port or ports of discharge of the Oil by the Vessel; 2.2.6 the ETA of the Vessel at the Load Port; 2.2.7 any information required by the Load Port in accordance with the Terminal Handbook; 2.2.8 the demurrage rate per day as specified in the charter party, if applicable; and 2.2.9 such other information as Seller may reasonably require. Buyer hereby warrants that all information notified to Seller in accordance with this Section 2.2 is true and correct. 2.3 Seller shall approve or reject the nominated Vessel within two (2) days of the nomination by Buyer on any grounds which Seller considers reasonable. If Seller rejects a nominated Vessel, Buyer shall nominate another Vessel (always in accordance with Section 2.2). Buyer must have a Vessel nominated and approved no later than ten (10) days prior to the first day of the three (3) day loading date range nominated pursuant to Clause 7.4. Seller's acceptance of any Vessel for loading shall not constitute a continuing acceptance of the Vessel for any subsequent loading. 2.4 If Buyer fails to nominate a Vessel which is acceptable (in accordance with the provisions of Section 2.3) to Seller before the time limits imposed in Section 2.2 and Section 2.3, without prejudice to Seller's rights to claim damages and its rights as specified in Section 2.5, Seller may accept a late nomination, in which case Seller may vary the loading date range, in which event Seller shall not be liable to ...

Vessel Nomination. 17.1. You warrant and represent that you will not nominate any vessel in the performance of your obligations under this Agreement that is, or will become during the performance of this Agreement, in violation of US sanctions, European Union sanctions, Swiss sanctions or any other applicable sanctions (hereinafter, "Sanctions") or which would put Glencore in breach, or under designation risk, of Sanctions. 17.2. Glencore will have the right to reject any nomination which (a) violates any Sanctions, (b) would or could, in Glencore’s reasonable opinion, put Glencore in breach, or under designation risk, of any Sanctions, or (c) otherwise involves a vessel that is the subject of any Sanctions (including, but not limited to, vessels that are the subject of Sanctions due to ownership or country of registration, or that appear on any Sanctions list), by serving a rejection notice on the you detailing the grounds for the rejection. Service of such notice shall not constitute a breach of this Agreement and Glencore shall not be liable to you for any losses, claims, costs, expenses, damages or liabilities arising in connection with any such rejection. If Glencore rejects a nomination on these grounds it shall be entitled, at its sole discretion, to (i) require you to promptly nominate a suitable substitute vessel; or (ii) terminate this Agreement. 17.3. To the full extent permitted by applicable law, you shall indemnify Glencore against any and all costs, expenses, losses and liabilities it incurs as a result of you nominating a vessel in breach of this clause.

Vessel Nomination. Not less than seven (7) days before a Vessel arrival at the Terminal, the Vessel Party shall nominate for acceptance the Vessel(s) which will perform under the Agreement and shall furnish, as required, data about the Vessel’s dimensions, equipment, winches and lines as well as whether lightering is contemplated (for Vessel Party’s account) in order for the Vessel to reach a safe arrival draft, and such other data or documents that the Terminal Party may reasonably require. If a Vessel is nominated less than seven (7) days before a ▇▇▇▇▇▇’s arrival at the Terminal, then laytime shall commence when the Vessel commences loading or discharging.

Vessel Nomination. In accordance with the applicable Terminal Rules and Regulations and incorporated herein by reference. Specifications: Shipments must conform entirely to the quality specification below as sampled and analyzed in accordance with Section 5 of the General Terms and Conditions: BTU (net as received basis) Basis [*] btu/lb, minimum [*] btu/lb with a price adjustment as Specified below Total Moisture (as received basis) * Typical [*] Volatile Matter (as received basis) * Minimum [*], maximum [*] Ash (as received basis) * Typical [*], maximum [*] Sulfur (as received basis) * Typical [*], maximum [*] with a price adjustment as specified below HGI* Typical [*] Nominal Topsize [*] IDT (degrees Fahrenheit, reducing atmosphere) Typical [*] * Typical specifications are not to be used for determining whether or not a shipment complies with specification and not to be used as grounds for rejection.

Vessel Nomination. SELLER shall nominate the vessel proposed to load the Coal no later than ten (10) days prior to the vessel’s ETA at the Loading Port, but shall have the right to substitute the proposed vessel at any time on notice to the BUYER. Acceptance/ Rejection of Vessel BUYER shall notify SELLER in writing of its acceptance or rejection of the vessel within one (1) Business Day from the receipt of its nomination, or of notice of a substitute vessel, such acceptance not to be unreasonably withheld. Where a vessel is rejected, BUYER shall provide reasons for such rejection. For the avoidance of doubt, a “Business Day” is any day when offices are open for business in the City of Lakeland and Colombia. BUYER shall incur no liability for rejecting a vessel in good faith and acceptance of a vessel for one shipment shall not be deemed to be continued acceptance of a vessel for further shipments SELLER has the right to substitute the nominated vessel within the agreed laycan provided the vessel meets the requirements of Discharging Port. The Demurrage rate will be declared by SELLER together with vessel nomination.

Vessel Nomination. 1.1 A ten (10) day window shall be established as follows, but not greater than sixty (60) days from date requested. With at least: a) Thirty (30) days prior notice, Shipper shall request a ten (I 0) day window starting with an “odd” date of the month

Vessel Nomination. The Buyer must nominate suitable vessel(s) of the so-called Supramax size and capability with min 4 (four) workable crane and notify the Seller of such nomination. All nominated vessels must have adequate and acceptable insurance cover with valid and effective policies, to include third party insurance and pollution risk cover. At all material times, such vessels and its crew must comply with all rules and regulations of the port of Bandar Abbas and other laws and norms in practice in Iran for such purpose /to be nominated by the Buyer and notified to the Seller. The Seller reserves the unfettered right to reject any vessel nominated by the Buyer prior to the agreed Laycan period which rejection shall be notified to the Buyer in writing.