DEMURRAGE SHALL BE AS PER CHARTER PARTY RATE.
IN NO EVENT SHALL THE SELLER BE LIABLE FOR DEMURRAGE UNLESS THE DEMURRAGE CLAIM WITH FULL SUPPORTING DOCUMENTS ARE SUBMITTED TO THE SELLER WITHIN 30 DAYS FROM THE DATE OF BILL OF LADING. IF THE BUYER FAILS TO PROVIDE SUCH DOCUMENTATION WITHIN THE AFORESAID TIME LIMIT, THEN ANY LIABILITY OF THE SELLER FOR DEMURRAGE SHALL BE EXTINGUISHED.
SELLER SHALL NOT BE LIABLE FOR DEMURRAGE OVER AND ABOVE THE ACTUAL DEMURRAGE AMOUNT PAID BY BUYER FOR THE PERFORMING VESSEL.