Work Vessel definition
Work Vessel means any Watercraft other than Watercraft designed and constructed for the transportation of cargo or passengers , including but not limited to Watercraft used in oil, gas and other mineral exploration, drilling and producing operations and storage operations in connection therewith (inclusive, among others, of drill ships and offshore drilling barges of every kind and description and Watercraft used in the construction or maintenance of pipelines, platforms or other facilities).
Work Vessel means any Watercraft other than Watercraft designed and constructed for the transportation of cargo or passengers, including but not limited to Watercraft used in oil, gas and other mineral exploration, drilling and producing operations and storage operations in connection therewith (inclusive, among others, of drill ships and offshore drilling barges of every kind and description and Watercraft used in the construction or maintenance of pipelines, platforms or other facilities). Applicability of Exclusions Chart
Work Vessel means any Watercraft other than Watercraft designed and constructed for the transportation of cargo or passengers, including but not limited to Watercraft used in oil, gas and other mineral exploration, drilling and producing operations and storage operations in connection therewith
Examples of Work Vessel in a sentence
In the event of default by Builder, which default is not cured within five (5) days after written notice thereof, the Owner, or its nominee, may, but shall not be obligated to, take over the Work, Vessel, Materials and Components to be incorporated into the Vessel and Builder's contracts with any Subcontractors, and either (a) complete the performance of the Contract, or (b) sell the partially completed Work, Materials, Components and Vessel.