Common use of Certificate of Master Clause in Contracts

Certificate of Master. For the purposes of Article 12(a), the --------------------- certificate of the master of the Vessel shall in the absence of manifest error be binding on Charterer and Owner as to the inventory fuel, unbroached lubricating oil, unused lubricating oil in storage tanks and unbroached consumable stores on board the Vessel at the Delivery Date and Redelivery Date; and said inventories shall be used to determine the sums, if any, owing to Builder on behalf of Owner or Charterer pursuant to Article 12(a) on the Delivery Date and Redelivery Date, respectively, which sums shall be due and payable to Owner or Charterer, as the case may be, in United States Dollars on presentation of the respective party's invoice.

Appears in 4 contracts

Samples: Agreement (Mobil Corp), Agreement (Mobil Corp), Agreement (Mobil Corp)

AutoNDA by SimpleDocs

Certificate of Master. For the purposes of Article 12(a), the --------------------- certificate of the master of the Vessel shall in the absence of manifest error be binding on Charterer and Owner as to the inventory fuel, unbroached lubricating oil, unused lubricating oil in storage tanks and unbroached consumable stores on board the Vessel at the Delivery Date and Redelivery Date; and said inventories shall be used to determine the sums, if any, owing to Builder on behalf of Owner or Charterer pursuant to Article 12(a) on the Delivery Date and Redelivery Date, respectively, which sums shall be due and payable to Owner or Charterer, as the case may be, in United States Dollars on presentation of the respective party's invoice.

Appears in 2 contracts

Samples: Agreement (Mobil Corp), Charter (Mobil Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.