LR Rules definition

LR Rules means the Lloyds Register Rules and Regulations for the Classification of Special Service Craft – July 2013; Milestone means (i) each Gold Milestone and Silver Milestone set out in Schedule 4 (Milestone Payment Plan) and (ii) each Bronze Milestone agreed by the Parties in accordance with Schedule 4 (Milestone Payment Plan);

Examples of LR Rules in a sentence

  • The Contractor shall also comply with the LR Rules and all applicable Legislation and Regulations.

  • Heating boilers for applications below 120°C and steam boilers with p ressures less than 3.4 bar and which are not covered by LR Rules, are to be designed, constructed, inspected and tested under 46 CFR 53.01 -3.

  • The final decision of Lloyds shall be binding on the Parties as to an OPV’s compliance with the LR Rules.

  • Pressurised hot water boilers above 120°C and which are not covered by LR Rules, are to be provided with pressure relieving devices under 46 CFR 53.05 -2.