Common use of Class confirmation Clause in Contracts

Class confirmation. evidence from the Classification Society that the Vessel on the Delivery Date will be classed with the class notation (referred to in the Mortgage), with the Classification Society or to a similar standard with another classification society of like standing to be specifically approved by the Lender and remains free from any overdue requirements or recommendations affecting her class;

Class confirmation. evidence from the Classification Society that on the date hereof the Vessel is and on the Delivery Date will be remains classed with the class notation (referred to in the Mortgage), with the Classification Society or to a similar standard with another classification society of like standing to be specifically approved by the Lender and remains free from any overdue requirements or recommendations affecting her class;

Class confirmation. evidence from the Classification Society that the Vessel on the Delivery Date (or as soon as possible following the Delivery Date) will be classed with the class notation (referred to in the Mortgage), with the Classification Society or to a similar standard with another classification society of like standing to be specifically approved by the Lender and remains free from any overdue requirements or recommendations affecting her class;