Vessel Sample Clauses
The 'Vessel' clause defines the specific ship or watercraft to which the contract or agreement applies. It typically includes identifying details such as the vessel's name, registration number, flag, and sometimes its physical characteristics or ownership. By clearly specifying the vessel, this clause ensures that all parties are aware of the exact subject of the agreement, thereby preventing confusion or disputes over which vessel is involved.
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Vessel. (i) Oil relating to this Agreement shall be Supplied on Vessels acceptable to Buyer. Buyer shall accept such nominated Vessel, and such acceptance shall not be unreasonably withheld. Buyer shall, within one Business Day after having received Seller’s nomination of a Vessel, notify Seller of:
(1) All instructions regarding customary Refinery documentation required at the Supply Port.
(2) The intended Berth at the Supply Port, with instructions to enable the Vessel to prepare and submit necessary information to the customs or border authorities in a timely manner so as to enable compliance with regulatory requirements as may be applicable.
(3) Whether the Vessel is acceptable to Buyer. If the Vessel is not acceptable to Buyer, Buyer shall notify Seller of the specific reason or reasons for such unacceptability so that Seller may take such reasonable corrective action to correct such unacceptability, if possible.
(ii) Seller shall instruct all Vessels to comply with Buyer’s then-current rules and regulations and to comply with all applicable Laws in force at the Supply Port, including the U.S. Federal Water Pollution Control Act, as amended, the U.S. Federal Oil Pollution Control Act of 1990 and regulations issued pursuant thereto. Buyer shall provide Seller with an electronic copy of its rules and regulations and any amendments thereto. Seller shall ensure that all Vessels secure and carry on board the vessel a current U.S. Coast Guard Certificate of Financial Responsibility (Water Pollution). Vessels shall also have onboard any other Federal and/or state proof of financial responsibility certificate that may be required at the Refinery, as communicated by Buyer to Seller in a manner that reasonably allows the Vessel owner to obtain such certificate in a timely manner. Seller shall exercise due diligence to ensure that any Vessel shall fully comply or hold waivers for non-compliance with all applicable US Customs and Border Protection regulations in effect as of the date of Berth. Seller shall provide all required Customs information to the US Customs and Border Protection and Buyer prior to a Vessel’s arrival.
(iii) Seller shall arrange that each Vessel shall comply with the requirements of the International Code for the Security of Ships and of Port Facilities and the relevant amendments to Chapter XI of SOLAS (“ISPS Code”) and the US Maritime Transportation Security Act of 2002 (“MTSA”). Each Vessel shall, when required, submit a Declaration of Security t...
Vessel. 1.1 The Vessel must be kept in a sound, safe, secure, watertight and seaworthy condition.
1.2 The Vessel will only be admitted to the Marina if it is in a seaworthy condition and is under its own power, except in the case of a volunteer marine rescue recovery.
1.3 A maximum speed limit of six (6) knots (no wash) is to be observed when the Vessel is approaching, within or departing from the Marina.
1.4 Upon entering the Marina, the Vessel will be immediately subject to Our direction. The Vessel must only be manoeuvred and berthed by You as directed by Us.
Vessel. ▇▇▇▇▇ agrees to purchase and ▇▇▇▇▇▇ agrees to sell all rights, title and interest to the Vessel described as follows and subject to the terms and conditions contained herein:(hereinafter referred to as "Vessel") Vessel Name: Rum & Fun Length: 52' Make: Azimut USCG Document #: Model: 52 Fiybridge Registration #: Model Year: 1997 Hull ID #: 729517
Vessel. The term “Vessel” or “Vessels” shall include any river barge, ocean-going barge, or Ocean Vessel.
Vessel. The equipment and personnel necessary for the fuel filling at the vessel implementation place must be ready. Expenses, losses, damages or delays occurred by this reason shall be under buyer's responsibility.
Vessel. The Vessel is owned by the United States and in the custody of MMA.
Vessel. For the purpose of this contract, the words “vessel” or “
Vessel. The vessel nominated to receive the products (as stated in the Seller’s Sales Confirmation).
Vessel. Borrower will be the registered owner of an ultra-deepwater dynamically positioned drill ship named [•] with hull number [•] (“Vessel”) to be built by Samsung Heavy Industries Co. Ltd. (“Shipbuilder”) pursuant to a contract for the construction and sale of a drillship dated [•] between Borrower and Shipbuilder (the “Shipbuilding Contract”).
Vessel. All Products received from or delivered to Vessels will be determined by an IIC using the measurement methods below and will be the basis for preparing relevant shipping documents except in cases of fraud or manifest error. In the absence of an IIC, Company’s measurements will be final and binding except in cases of fraud or manifest error. The volumes received from or delivered to Vessels shall be determined by one of the following measurement methods in the following order of preference:
(i) custody transfer grade meter(s);
(ii) shore tank(s) measurements (static tank), as determined by the IIC;
(iii) in the event of an active (versus static) shore tank during any part of the transfer, or if the IIC determines shore quantities to be inaccurate or not representative of the cargo transferred, quantity shall be based on the volumes as determined from measurements of the Vessel before and after the transfer with application of a vessel experience factor, if determined valid and applicable by the IIC; or
(iv) in the event the IIC determines that the above custody transfer measurement points are inaccurate or not representative of the volume(s) of cargo transferred, the Parties agree to negotiate in good faith to agree upon a new basis for custody transfer volumes.