CLASS AND RULES. The VESSEL, including its machinery and equipment, shall be constructed in accordance with the rules and regulations of LR (hereinafter called the "Classification Society") and shall be distinguished in the record in the following class notation: LR o 100A1 Bulk Carrier, CSR, BC-A, Holds No.2&4 may be empty, ESP, LI, ShipRight(CM,ACS(B)), *IWS, GRAB[20], o LMC, UMS, with the descriptive notes "Xx.XX, ShipRight BWMP(T), ShipRight(SCM)" The VESSEL to be built under special survey of and in compliance with the rules and regulations of the Classification Society, including the edition and amendments thereto, being in force and up-to-dated as of the date of the Contract signing including rules and regulations published and officially declared and ratified by regulatory bodies specified in the Specification, at the date of the Contract signing, which shall be compulsorily brought into force before the delivery date. The SELLER shall arrange with the Classification Society to assign a representative or representatives (hereinafter called the "Classification Surveyor") to the SELLER's Date: 13th November, 2013 Shipyard for supervision of the construction of the VESSEL and will advise in advance the BUYER about the aforementioned arrangement. All fees and charges related to classification and compliance with the above specified classification rules and other rules and/or regulations valid as specified above, as well as royalties, if any, payable on account of the construction of the VESSEL shall be for the account of the SELLER, except as otherwise provided and agreed herein. The plans, materials and workmanship entering into the construction of the VESSEL shall at all times be subject to inspections and tests in accordance with the rules and regulations of the Classification Society as well as in line with the Specifications. Decisions of the Classification Society as to compliance or non-compliance with Classification rules and regulations referred to in the Specifications shall be final and binding upon the parties hereto. The VESSEL shall also comply with the rules, regulations, requirements and circulars of all other regulatory bodies listed in the Specifications, including, without limitation, the maritime regulatory authorities of Xxxxxxxx Islands (or Liberia).
CLASS AND RULES. GENERAL QUALITY STANDARDS
CLASS AND RULES. The VESSEL, including its machinery, equipment and outfittings, shall be constructed in accordance with the rules and regulations as described in the Specifications and under special survey of American Bureau of Shipping (hereinafter called the "Classification Society") under the following Class Notations. ABS, XA1, , Bulk Carrier, BC-A (holds No.2 and 4 may be empty), XAMS, XACCU, ENVIRO, CSR, AB-CM, TCM, BWT, RW, IHM, CPS, GRAB[20], ESP, UWILD, NOx-Tier III The BUILDER shall arrange with the Classification Society for the assignment by the Classification Society of a representative or representatives (hereinafter called the "Classification Surveyor") to the VESSEL during the construction. All fees and charges incidental to classification and to compliance with the above specified rules, regulations and requirements of this Contract payable on account of the construction of the VESSEL shall be for the account of the BUILDER. Decisions of the Classification Society as to the compliance or noncompliance with the classification rules and regulations including those statutory rules and regulations which the Classification Society is authorized to act on behalf of the relevant authorities shall be final and binding upon the parties hereto. In the event of any dispute within the Classification Society for such matter, decisions of the Head office of the Classification Society shall prevail. The VESSEL’s classification status, and all classification and other required certificates hereunder, are to be clean and free of all conditions, recommendations and restrictions whatsoever other than those permitted in the Specifications or this Contract or otherwise mutually agreed under the terms of this Contract.
CLASS AND RULES. The Vessel, including its machinery, equipment and outfitting shall be constructed in accordance with the rules and requirements and under survey of Lloyd’s Register of Shipping (hereinafter called the “Classification Society”) and shall be distinguished in the register of the Classification Society by the symbols of + 100A1 Bulk Carrier, BC-A, Strengthened for Heavy Cargoes, Holds Nos.2, 4 & 6 may be empty, ShipRight (SDA, FDA, CM), ESN, ESP, LI, + LMC, UMS, *IWS. The Vessel shall also comply with the rules, regulations and requirements of other regulatory bodies as described in the Specifications. The Seller or the Builder shall provide the Buyer with a copy of all correspondence e-mails and notes of meetings with the Classification Society in respect of any particular matter whenever requested in writing by the Buyer. All the foregoing rules, regulations and requirements including those of the Classification Society applicable to the Vessel shall be those which are published as of the date of this Contract and which are in force or will have mandatory application to the Vessel. All fees and charges incidental to compliance with the foregoing rules, regulations and requirements shall be for the account of the Builder.
CLASS AND RULES. The VESSEL, including its machinery and equipment, shall be constructed in accordance with the rules and regulations of (hereinafter referred to as “ ” or “Classification Society”) as fully described in the Specifications. The requirements of the authorities as fully described in the Specifications including that of the Classification Society are to include any additional rules or circulars thereof issued and becoming effective as at the date of signing this Contract. And any compulsory changes to class rules and regulations and Bahamas or Xxxxxxxx Islands or alternative flag rules and regulations, which may come into effect prior to the delivery of the vessel is to be always in accordance with Article V, Paragraph 2. The SELLER shall arrange with the Classification Society to assign a representative or representatives (hereinafter called the “Classification Surveyor”) to the BUILDER’S Shipyard for supervision of the construction of the VESSEL. All fees and charges incidental to classification and to comply with the rules, regulations and requirements of this Contract as described in the Specifications issued up to the date of this Contract as well as royalties, if any, payable on account of the construction of the VESSEL shall be for the account of the SELLER, except as otherwise provided and agreed herein. The key plans, materials and workmanship entering into the construction of the VESSEL shall at all times be subject to inspections and tests in accordance with the rules and regulations of the Classification Society and other regulatory bodies, as applicable. Decisions of the Classification Society as to compliance or noncompliance with classification rules and regulations shall be final and binding upon the parties hereto.
CLASS AND RULES. The VESSEL, including its machinery and equipment, shall be designed and constructed in accordance with the rules and regulations of (hereinafter called the “Classification Society”) and shall be distinguished in the record by the symbol of and shall also comply with the rules and regulations as fully described in the Specifications. The requirements of the authorities as fully described in the Specifications including that of the Classification Society are to include any additional rules or circulars thereof issued and become effective as at the date of signing this Contract. The SELLER shall arrange with the Classification Society to assign a representative or representatives (hereinafter called the “Classification Surveyor”) to the BUILDER’s Shipyard for supervision of the construction of the VESSEL. All fees and charges incidental to Classification and to comply with the rules and regulations of this Contract as described in the Specifications issued and become effective up to the date of this Contract as well as royalties, if any, payable on account of the construction of the VESSEL shall be for the account of the SELLER, except as otherwise provided and agreed herein. The key plans, materials and workmanship entering into the construction of the VESSEL shall at all times be subject to inspections and tests in accordance with the rules and regulations of the Classification Society. Decisions of the Classification Society as to compliance or noncompliance with Classification rules and regulations shall be final and binding upon the parties hereto. Shipbuilding Contract Hull No.
CLASS AND RULES. 4 3. Principal Particulars of the VESSEL..................................5 (a) Design...........................................................5 (b) Hull.............................................................5 (c)
CLASS AND RULES. The VESSEL, including its machinery, equipment and outfittings, shall be constructed in accordance with the rules and regulations as described in the Specifications and under special survey of (hereinafter called the “Classification Society”) under the following Class Notations. Which is equivalent to The BUILDER shall arrange with the Classification Society for the assignment by the Classification Society of a representative or representatives (hereinafter called the “Classification Surveyor”) to the VESSEL during the construction. All fees and charges incidental to classification and to compliance with the above specified rules, regulations and requirements of this Contract payable on account of the construction of the VESSEL shall be for the account of the BUILDER. Decision of the Classification Society as to the compliance or noncompliance with the classification rules and regulations including those statutory rules and regulations which the Classification Society is authorized to act on behalf of the relevant authorities shall be final and binding upon the parties hereto.
CLASS AND RULES. The VESSEL, including its machinery, equipment and outfittings, shall be constructed in accordance with the rules and regulations as described in the Specifications and under special survey of (hereinafter called the “Classification Society”) under the following Class Notations. Which is equivalent to Descriptive Note: Strengthened for heavy cargo loading where holds nos. 2 & 4 may be empty The BUILDER shall arrange with the Classification Society for the assignment by the Classification Society of a representative or representatives (hereinafter called the “Classification Surveyor”) to the VESSEL during the construction. All fees and charges incidental to classification and to compliance with the above specified rules, regulations and requirements of this Contract payable on account of the construction of the VESSEL shall be for the account of the BUILDER. Decision of the Classification Society as to the compliance or noncompliance with the classification rules and regulations including those statutory rules and regulations which the Classification Society is authorized to act on behalf of the relevant authorities shall be final and binding upon the parties hereto.
CLASS AND RULES
