Common use of Vetting Clause in Contracts

Vetting. The Managers shall undertake as soon as reasonably possible to have the Vessel either inspected or screened by the following oil majors: BP, Shell, Exxonmobil, ChevronTexaco and Total. The cost of such vetting process is already included into the Vessel’s budget. The Managers shall use their best endeavours to accommodate the Owners requests for other/additional vetting inspections or screening processes, the cost of which shall be, however, considered out of budget.

Appears in 2 contracts

Samples: Management Agreement (Scorpio Tankers Inc.), Scorpio Tankers Inc.

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Vetting. The Managers shall undertake as soon as reasonably possible to have the Vessel either inspected or screened by the following oil majors: BP, Shell, Exxonmobil, ChevronTexaco and Total. The cost of such vetting process is already included into the Vessel’s budget. The Managers shall use their best endeavours to accommodate the Owners requests request for other/additional vetting inspections or screening processesprocess, the cost of which shall be, however, considered out of budget.

Appears in 1 contract

Samples: Scorpio Tankers Inc.

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Vetting. The Managers shall undertake as soon as reasonably possible to have the Vessel either inspected or screened by the following oil majors: BP, Shell, Exxonmobil, ChevronTexaco and Total. The cost of such vetting process is already included into the Vessel’s 's budget. The Managers shall use their best endeavours endeavors to accommodate the Owners requests for other/additional vetting inspections or screening processes, the cost of which shall be, however, considered out of budget.

Appears in 1 contract

Samples: Management Agreement (Scorpio Tankers Inc.)

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