Workships definition
Examples of Workships in a sentence
Marine and Nautical Services Agreement between Formaritima Ltd and Workships Contractors B.V. relating to the Rig and dated as of 5 November 1998.
The Construction Manager, through its duly authorised representatives, shall have free access with 15 days notice with no restriction, to such information, whenever required by the Construction Manager, and it shall also have the right, at any time subject to previous notification to Workships, to perform the audits it deems necessary of the aforementioned books, payrolls, receipts, vouchers, records and files in general.
Workships shall keep and cause its Technical Personnel, its contractor(s) and subcontractor(s) to keep the books, payrolls, receipts, vouchers, financial records, personnel records and any document related to the work thereunder and required for administration purposes for the term of the Agreement and for a limited period of two (2) years after termination hereof.
For the supply of the Technical Personnel forming the object of this Agreement, the Construction Manager will pay Workships the rates stipulated in Appendix A herein increased on an annual basis by 3% unless otherwise agreed.
Workships represents that the provision by it of the Technical Personnel under this Agreement will comply with all applicable laws and regulations in France, the Netherlands, Brazil and the jurisdictions in which the Technical Personnel are required to operate.
Should Workships become insolvent or enter into any arrangement with or for the benefit of its creditors or become unable or refuse or neglect to perform its obligations hereunder or if Workships's equipment is seized or taken in execution, the Construction Manager may, by notice in writing to Workships, terminate this Agreement without thereby affecting in other respects the obligations or liabilities of Workships.
The object of this Agreement is the supply by Workships to the Construction Manager of personnel such as, but not limited to, specified in Clause 4 of this Agreement.
Any taxes or charges incurred by Workships in connection with its duties and obligations hereunder whilst supplying the Technical Services shall be for the account of Workships.
Workships shall provide to the Construction Manager such personnel (the Technical Personnel) as are requested by the Construction Manager to assist the Construction Manager in relation to the marine construction of the Vessel and the fulfilment of the Construction Manager's obligations to the Owner as set out in the Construction Management Agreement.
The Construction Manager reserves the right to audit the activities of Workships and/or the Technical Personnel as deemed necessary and/or appropriate by the Construction Manager, in order to check the contents and compliance with the terms herein.