Inspection Clause. (a) The on-hire survey shall be held at the last port of call prior to delivery to Charterers. The off-hire survey shall be held at the last port of call prior to redelivery to Owners. The costs of both surveys shall be split fifty/fifty (50/50) between Owners and Charterers and shall be conducted by an independent surveyor acceptable to both parties.
Appears in 8 contracts
Samples: Pool Agreement (Gener8 Maritime, Inc.), Participation Agreement (Gener8 Maritime, Inc.), Pool Agreement (Gener8 Maritime, Inc.)