Common use of GUARANTEED DEADWEIGHT Clause in Contracts

GUARANTEED DEADWEIGHT. The SELLER guarantees that the VESSEL is to have a deadweight of not less than 30,000 metric tons at the design draft moulded of 10.00 meters in sea water of 1.025 specific gravity as defined in the Specifications (hereinafter called the "Guaranteed Deadweight"). The actual deadweight of the VESSEL expressed in metric tons shall be based on calculations made by the SELLER and checked by the BUYER, and all measurements necessary for such calculations shall be performed in the presence of the Supervisor or the party authorized by the BUYER. Should there be any dispute between the SELLER and the BUYER in such calculations and/or measurements, the decision of the Classification Society shall be final.

GUARANTEED DEADWEIGHT. The SELLER guarantees that the VESSEL is to have a deadweight of not less than 30,000 81,800 metric tons at the design xxxxxxxxx draft moulded of 10.00 14.45 meters in sea water of 1.025 t/m specific gravity gravity. The term “deadweight”, as used in this Contract, shall be as defined in the Specifications (hereinafter called the "Guaranteed Deadweight")Specifications. The actual deadweight of the VESSEL expressed in metric tons shall be based on calculations made by the SELLER BUILDER and checked by the BUYER, and all measurements necessary for such calculations shall be performed in the presence of the Supervisor or the party authorized by the BUYERSupervisors and Classification Society surveyors. Should there be any dispute between the SELLER BUILDER and the BUYER in such calculations and/or measurements, the decision of the Classification Society shall be final.