Common use of GUARANTEED SPEED Clause in Contracts

GUARANTEED SPEED. The SELLER guarantees that the service speed of the VESSEL after correction is to be not less than 14.3 knots ("Guaranteed Speed "), in mean draft of 12.20m at main engine output of 7,448 kW at 82.4 RPM (NCR) with 15% sea margin, with new and clean hull and propeller, newly painted hull, smooth and deep water, calm sea with no wind, no wave and no current as stipulated in the Specification. Shipbuilding Contract For Construction of One 82,000 DWT Bulk Carrier (Hull No.YZJ2013-1145)

GUARANTEED SPEED. The SELLER guarantees that the service speed of the VESSEL after correction is to be not less than 14.3 knots ("Guaranteed Speed "), in mean draft of 12.20m at main engine output of 7,448 kW at 82.4 RPM (NCR) with 15% sea margin, with new and clean hull and propeller, newly painted hull, smooth and deep water, calm sea with no wind, no wave and no current as stipulated in the Specification. Shipbuilding Contract For Construction of One 82,000 DWT Bulk Carrier (Hull No.YZJ2013-11451144)

GUARANTEED SPEED. The SELLER guarantees that the service speed of the VESSEL after correction is to be not less than 14.3 knots ("Guaranteed Speed "), in mean draft of 12.20m at main engine output of 7,448 kW at 82.4 RPM (NCR) with 15% sea margin, with new and clean hull and propeller, newly painted hull, smooth and deep water, calm sea with no wind, no wave and no current as stipulated in the Specification. Shipbuilding Contract For Construction of One 82,000 DWT Bulk Carrier (Hull No.YZJ2013-11451142)

GUARANTEED SPEED. The SELLER guarantees that the service speed of the VESSEL after correction before delivery is to be not less than 14.3 knots ("Guaranteed Speed "“Contract Speed”), in laden condition of mean draft of 12.2012.20 m at main engine output of 7,448 kW at 82.4 RPM (NCR) with 15% sea margin, with new and clean hull and propeller, newly painted hull, smooth and deep water, calm sea with no wind, no wave wind and no current as stipulated in the Specification. Shipbuilding Contract For Construction of One 82,000 DWT Bulk Carrier (Hull Nowave.YZJ2013-1145)