Classification Society definition

Classification Society or “Class” means the Society referred to in line 4.
Classification Society means, in relation to each Vessel, any International Association of Classification Societies classification society which the Lenders shall, at the request of the Borrowers, have agreed in writing shall be treated as the classification society in relation to such Vessel for the purposes of the relevant Ship Security Documents;
Classification Society means the Society referred to above.

Examples of Classification Society in a sentence

  • Classification ABS +A1, (E), Container Carrier, SH, SHCM, CPS, UWILD, +AMS, +ACCU, BWT, TCM, IHM, EGC-SCR, NOx- Tier III, CSC, CLP-V, FOC, Methanol Fuel Ready Level 1C Classification Society American Bureau of Shipping Major Casualty Amount $2,000,000 Ship F Name Hull Number C7100-8 Owner Boxsail (No.2) Corp.

  • Charter N/A Charterer N/A Flag State Malta Classification 100A1, Container Ship, ShipRig ht (SDA, CM, ACS(B)), Ice Class 1A FS, *IWS, LI, ECO(BWT,NOx3), ECL(2), BoxMax (V,W,L) +LMC, UMS, NAV1, IBS Classification Society Lloyds Register Major Casualty Amount $2,000,000 165 Ship H Name Hull Number CV5900-08 Owner Boxsail (No.4) Corp.

  • Classification ABS +A1, (E), Container Carrier, SH, SHCM, CPS, UWILD, +AMS, +ACCU, BWT, TCM, IHM, EGC-SCR, NOx- Tier III, CSC, CLP-V, FOC, Methanol Fuel Ready Level 1C Classification Society American Bureau of Shipping Major Casualty Amount $2,000,000 164 Ship G Name Hull Number CV5900-07 Owner Boxsail (No.3) Corp.


More Definitions of Classification Society

Classification Society means, in respect of any Mortgaged Vessel, Bureau Veritas, the American Bureau of Shipping, Lloyd’s Register of Shipping, Det norske Veritas, or such other classification society that is a member of the International Association of Classification Societies (IACS) as selected by the Company that is reasonably acceptable to the Administrative Agent.
Classification Society means, in relation to each Vessel, any IACS classification society which the Bank shall, at the request of the Borrower, have agreed in writing shall be treated as the classification society in relation to such Vessel for the purposes of the relevant Ship Security Documents;
Classification Society means, in relation to a Ship, Det Norske Veritas or such other first-class vessel classification society that is a member of IACS that the Agent may, with the consent of the Majority Lenders (such consent not to be unreasonably withheld), approve from time to time;
Classification Society means a member of the International Association of Classification Societies with whom the Vessels are entered and who conducted periodic physical surveys and/or inspections of the Vessels;
Classification Society means, in relation to a Ship, the classification society specified in Schedule 2 (Ship information) or another classification society approved by the Majority Lenders as its Classification Society, at the request of the relevant Owner.
Classification Society or “Class” means the Society referred to in line 4. 15
Classification Society means such classification society which is a member of IACS (other than the China Classification Society and the Russian Maritime Registry of Shipping) and which the Lender shall, at the request of the Borrower, have agreed in writing to be treated as the Classification Society for the purposes of the Finance Documents;