TOVALOP definition

TOVALOP means the Tanker Owners’ Voluntary Agreement Concerning Liability for Oil Pollution dated 7th January 1969, as amended from time to time, and the term “CRISTAL” means the Contract Regarding an Interim Supplement to Tanker Liability for Oil Pollution dated 14th January 1971, as amended from time to time. The terms “Oil”, “Pollution Damage”, and “Tonnage” shall for the purposes of this Clause 39 have the meanings ascribed to them in TOVALOP.
View Source
TOVALOP means the Tanker Owners’ Voluntary Agreement Concerning Liability for Oil Pollution dated 7th January 1969, as amended from time to time, and the term “CRISTAL” means the Contract Regarding an Interim Supplement to Tanker Liability for Oil Pollution dated 14th January 1971, as amended from time to time. The terms “Oil”, “Pollution Damage”, and “Tonnage” shall for the purposes of this Clause 39 have the meanings ascribed to them in TOVALOP. See additional clause 80(k) Export Restrictions 40 The master shall not be required or bound to sign bills of lading for the carriage of cargo to any place to which export of such cargo is prohibited under the laws, rules or regulations of the country in which the cargo was produced and/or shipped. Charterers shall procure that all bills of lading issued under this charter shall contain the following clause: “If any laws rules or regulations applied by the government of the country in which the cargo was produced and/or shipped, or any relevant agency thereof, impose a prohibition on export of the cargo to the place of discharge designated in or ordered under this ▇▇▇▇ of lading, carriers shall be entitled to require cargo owners forthwith to nominate an alternative discharge place for the discharge of the cargo, or such part of it as may be affected, which alternative place shall not be subject to the prohibition, and carriers shall be entitled to accept orders from cargo owners to proceed to and discharge at such alternative place. If cargo owners fail to nominate an alternative place within 72 hours after they or their agents have received from carriers notice of such prohibition, carriers shall be at liberty to discharge the cargo or such part of it as may be affected by the prohibition at any safe place on which they or the master may in their or his absolute discretion decide and which is not subject to the prohibition, and such discharge shall constitute due performance of the contract contained in this ▇▇▇▇ of lading so far as the cargo so discharged is concerned.” The foregoing provision shall apply mutatis mutandis to this charter, the references to a ▇▇▇▇ of lading being deemed to be references to this charter.
View Source
TOVALOP means the Tanker Owners’ Voluntary Agreement Concerning Liability for Oil Pollution dated 7th January 1969, as amended from time to time;
View Source

Examples of TOVALOP in a sentence

  • Such insurance shall include, but not be limited to, coverage for injuries to or death of masters, mates and crew; full (4/4ths) collision liabilities and pollution liabilities imposed by federal and state laws as well as TOVALOP liabilities (if applicable).

  • Accordingly the Buyer warrants that all vessels nominated to the loading are enrolled with TOVALOP and are members of CRISTAL LIMITED.

  • Furthermore, Buyer and Buyer’s Parent jointly and severally agree to indemnify, defend and hold harmless Seller for any losses, damages, liabilities or claims arising out of (i) the performance of any obligations after November 1, 2012 as Buyer’s Assignee under the New Saudi Contract, and (ii) Seller not having membership in CRISTAL and TOVALOP as set forth in the New Saudi Contract.

  • Owner warrants that the Vessel is a participating tanker in TOVALOP and will so remain during the currency of this Charter provided, however, that if Owner acquires the right to withdraw from TOVALOP under Clause Viii thereof nothing herein shall prevent it from exercising that right provided Owner notifies Charterer forthwith of its intention to withdraw.