Speed. (a) The Contract Price shall not be affected or changed by reason of the trial speed (as determined according to the SPECIFICATIONS being less than the guaranteed speed, if such variation is not more than Two-Tenths (2/10) of One (1) knot.
Appears in 7 contracts
Samples: Construction and Sale (Danaos Corp), Construction and Sale (Danaos Corp), Construction and Sale (Danaos Corp)
Speed. (a) The Contract Price shall not be affected or changed by reason of the trial speed (as determined according to the SPECIFICATIONS Specifications) being less than the guaranteed speed, if such variation is not more than Two-Tenths (2/10) of One (1) knot0.5 knots.
Appears in 5 contracts
Samples: Construction and Sale (DryShips Inc.), Construction and Sale (DryShips Inc.), Contract (DryShips Inc.)
Speed. (a) The Contract Price shall not be affected or changed by reason of the actual trial speed (as determined according to the SPECIFICATIONS Specifications) being less than the guaranteed speedGuaranteed Speed, if such variation deficiency is not more than Two-Tenths (2/10) 0.15 of One one (1) knotknot below the Guaranteed Speed.
Appears in 4 contracts
Samples: Construction Of (Seaspan CORP), Seaspan CORP, Seaspan CORP
Speed. (a) The Contract Price shall not be affected or changed by reason of the trial speed (actual speed, as determined according to by the SPECIFICATIONS trial run, being less than the guaranteed speed, if such variation is not more than Twothree-Tenths tenths (2/103/10) of One one (1) knotknot below the guaranteed speed of the VESSEL.
Appears in 4 contracts
Samples: Construction and Sale (Scorpio Bulkers Inc.), Shipsale Contract (Globus Maritime LTD), Shipsale Contract (Globus Maritime LTD)
Speed. (a) The Contract Price shall not be affected or changed by reason of the trial speed (as determined according to the SPECIFICATIONS Specifications) being more or less than the guaranteed speed, if such variation is not more than Two-Tenths two (2/102) of One (1) knotknots.
Appears in 1 contract
Samples: R&b Falcon Corp
Speed. (a) The Contract Price shall not be affected or changed by reason of the actual trial speed (as determined according to the SPECIFICATIONS Specifications) being less than the guaranteed speedGuaranteed Speed, if such variation deficiency is not more than Twofour-Tenths tenths (2/104/10) of One one (1) knotknot below the Guaranteed Speed.
Appears in 1 contract
Samples: Danaos Corp
Speed. (a) The Contract Price shall not be affected or changed by reason of the trial speed (speed, as determined according to the SPECIFICATIONS Specifications, being less than the guaranteed guarantee speed, if such variation deficiency is not more than TwoThree-Tenths (2/10Tenths(3/10) of One (1One(l) knot.
Appears in 1 contract
Samples: Stolt Nielsen S A
