Classification definition

Classification means, in relation to each Vessel, the highest class available for a vessel of her type with the relevant Classification Society;
Classification means the classification of a Unit that can result or not in the issuance of a classification Certificate with reference to the Rules. Classification is an appraisement given by the Society to the Client, at a certain date, following surveys by its surveyors on the level of compliance of the Unit to the Society’s Rules or to the documents of reference for the Services provided. They cannot be construed as an implied or express warranty of safety, fitness for the purpose, seaworthiness of the Unit or of its value for sale, insurance or chartering.
Classification means, in relation to each Ship, the highest class available for a vessel of her type with the relevant Classification Society or such other classification as the Agent shall, at the request of a Borrower, have agreed in writing shall be treated as the Classification in relation to such Borrower’s Ship for the purposes of the relevant Ship Security Documents;

Examples of Classification in a sentence

Revisions to the competitive product list and the Mail Classification Schedule appear below the signature of this Order and are effective immediately.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

FATCA Classification Status:Please select the applicable classification below.

Classification as a discontinued operation occurs upon disposal or when the operation meets the criteria to be classified as held for sale, if earlier.

The Mib sector indices were replaced by new sector indices constructed using the international ICB (Industry Classification Benchmark) method, while two new indices were introduced: the Ftse Italia Small Cap and the Ftse Italia Micro Cap indices.


More Definitions of Classification

Classification means that each position in the classified service shall have a designated title, a regular minimum number of assigned hours per day, days per week, and months per year, a specific statement of the duties required to be performed by the employees in each such position, and the regular monthly salary ranges for each such position.
Classification means the identification of a position by reference to a classification title and pay range number.
Classification means that division of businesses by major groups subject to the same license rate as determined by a calculated index of ability to pay based on national averages, benefits, equalization of tax burden, relationships of services, or other basis deemed appropriate by the Council.
Classification means a system of obtaining pertinent information concerning prisoners with which to make a decision on assignment of appropriate housing, security level, and activities.
Classification means the classification of a Unit that can result or not in the issuance of a class certificate with reference to the Rules.
Classification means a group of positions involving duties and responsibilities so similar that the same or like qualifications may reasonably be required for, and the same pay schedule applied to, all positions in the group.
Classification means a designation of license assigned to a licensee based on the qualifications of the licensee, resident manager, floating resident manager, and shift caregivers, as applicable.