Common use of Classification, Rules and Regulations Clause in Contracts

Classification, Rules and Regulations. The Vessel, including her machinery, equipment and outfit, shall be constructed in accordance with Builder’s shipbuilding practice, Builder’s quality standard and the edition and amendments thereto in force at the execution date of this Contract, of the rules and regulations of and under special survey of Lloyd’s Register (LR) (the “Classification Society”), and shall be distinguished in the Classification Society’s register by the symbols of +100A1, “Double Hull Oil Tanker”, ESP, CSR, ShipRight (CM, ACS(B)), +LMC, LI, UMS, IGS, DSPM4, CRANE, COW(LR), *IWS, NAV1, ECO(P, BWM-T, IHM, VECS-L), with the descriptive notes of ShipRight (SCM, SERS), ETA. However, the Classification Society among LR, ABS and DNV shall be discussed between Buyer and Builder in a reasonable manner and finally decided by Buyer within two (2) weeks after the signing of the Contract. Builder shall arrange with the Classification Society for the assignment by the Classification Society of representative(s) to the Vessel during construction. All costs, fees, charges and arrangements incidental to classification of the Vessel in compliance with the rules, regulations and requirements of this Contract, shall be for the account of Builder. Decisions of the Classification Society as to compliance or non-compliance of the Vessel with the said rules and regulations of the Classification Society shall be final and binding upon the parties. The Vessel shall also comply with the applicable rules, regulations and requirements of the other regulatory bodies referred to in the Specifications as in force at the execution date of this Contract and/or which are published and ratified as of the date of signing the Contract.

Classification, Rules and Regulations. The VesselVESSEL, including her its machinery, equipment and outfit, out-fittings shall be designed and constructed in accordance with Builder’s shipbuilding practice, Builder’s quality standard and the rules (the edition and amendments thereto being in force at as of the execution date of this the Shipbuilding Contract, ) of the rules and regulations of NIPPON KAIJI KYOKAI (hereinafter called “NK”) and under special survey of Lloyd’s Register AMERICAN BUREAU OF SHIPPING (LR) (hereinafter called the “Classification Society”), ) and shall be distinguished in the Classification Society’s register by the symbols of +100A1symbol of: ABS Class Notations: +A1, “Double Hull Oil Tanker”Bulk Carrier, BC-A (holds 2 and 4 may be empty), ESP, CSR, ShipRight (CM, ACS(B)E), +LMCACCU, LI+AMS, UMSCPS, IGSCSR, DSPM4CRC(SC, CRANE, COW(LRSP), *IWSENVIRO(I), NAV1, ECO(P, BWM-TGRAB [20], IHM, VECSNOx-L)Tier III, with the descriptive notes of ShipRight (SCMRW, SERS), ETA. However, the Classification Society among LR, ABS and DNV shall be discussed between Buyer and Builder in a reasonable manner and finally decided by Buyer within two (2) weeks after the signing of the Contract. Builder shall arrange with the Classification Society for the assignment by the Classification Society of representative(s) to the Vessel during construction. All costs, fees, charges and arrangements incidental to classification of the Vessel in compliance with the rules, regulations and requirements of this Contract, shall be for the account of Builder. UWILD Decisions of the Classification Society as to compliance or non-compliance of the Vessel with the said rules and regulations of the Classification Society classification shall be final and binding upon both parties hereto and confirmed with the partieshead office of the Classification Society if required. The Vessel VESSEL shall also comply with the applicable rules, regulations and requirements of the other regulatory bodies referred to as described in the Specifications as in force at the execution date of this Contract and/or which are published and ratified effect as of the date of signing this Contract. All fees and charges incidental to the Contractclassification and with respect to compliance with the above referred rules, regulations and requirements shall be for account of the SELLERS. The VESSEL’s classification status, and all classification and other required certificates hereunder, are to be clean and free of all conditions, recommendations and restrictions whatsoever other than those permitted in the Specifications.

Classification, Rules and Regulations. The Vessel, including her machinery, equipment and outfit, shall be constructed in accordance with Builder’s shipbuilding practice, Builder’s quality standard and the edition and amendments thereto in force at the execution date of this Contract, of the rules and regulations of and under special survey of Lloyd’s Register (LR) (the “Classification Society”), and shall be distinguished in the Classification Society’s register by the symbols of +100A1, “Double Hull Oil Tanker”, ESP, CSR, ShipRight (CM, ACS(B)), +LMC, LI, UMS, IGS, DSPM4, CRANE, COW(LR), *IWS, NAV1, ECO(P, BWM-T, IHM, VECS-L), with the descriptive notes of ShipRight (SCM, SERS), ETA. However, the Classification Society among LR, ABS and DNV shall be discussed between Buyer and Builder in a reasonable manner and finally decided by Buyer within Within two (2) weeks after the signing of the Contract. Builder shall arrange with the Classification Society for the assignment by the Classification Society of representative(s) to the Vessel during construction. All costs, fees, charges and arrangements incidental to classification of the Vessel in compliance with the rules, regulations and requirements of this Contract, shall be for the account of Builder. Decisions of the Classification Society as to compliance or non-compliance of the Vessel with the said rules and regulations of the Classification Society shall be final and binding upon the parties. The Vessel shall also comply with the applicable rules, regulations and requirements of the other regulatory bodies referred to in the Specifications as in force at the execution date of this Contract and/or which are published and ratified as of the date of signing the Contract.

Classification, Rules and Regulations. The Vessel, including her machinery, equipment and outfit, shall be constructed in accordance with Builder’s shipbuilding practice, Builder’s quality standard and the edition and amendments thereto in force at the execution date of this Contract, of the rules and regulations of and under special survey of Lloyd’s Register (LR) (the “Classification Society”), and shall be distinguished in the Classification Society’s register by the symbols of +100A1, “Double Hull Oil Tanker”, ESP, CSR, ShipRight (CM, ACS(B)), +LMC, LI, UMS, IGS, DSPM4, CRANE, COW(LR), *IWS, NAV1NAVl, ECO(P, BWM-T, IHM, VECS-L), with the descriptive notes of ShipRight (SCM, SERS), ETA. However, the Classification Society among LR, ABS and DNV shall be discussed between Buyer and Builder in a reasonable manner and finally decided by Buyer within two (2) weeks after the signing of the Contract. Builder shall arrange with the Classification Society for the assignment by the Classification Society of representative(s) to the Vessel during construction. All costs, fees, charges and arrangements incidental to classification of the Vessel in compliance with the rules, regulations and requirements of this Contract, shall be for the account of Builder. Decisions of the Classification Society as to compliance or non-compliance of the Vessel with the said rules and regulations of the Classification Society shall be final and binding upon the parties. The Vessel shall also comply with the applicable rules, regulations and requirements of the other regulatory bodies referred to in the Specifications as in force at the execution date of this Contract and/or which are published and ratified as of the date of signing the Contract.

Classification, Rules and Regulations. The VesselVESSEL, including her its machinery, equipment and outfit, out-fittings shall be designed and constructed in accordance with Builder’s shipbuilding practice, Builder’s quality standard and the rules (the edition and amendments thereto being in force at as of the execution date of this the Shipbuilding Contract, of the rules and regulations ) of and under special survey of Lloyd’s Register NIPPON KAIJI KYOKAI (LR) (herein called the “Classification Society”), ) and shall be distinguished in the Classification Society’s register by the symbols symbol of: Nippon Kaiji Kyokai (NK) Classification Characters : NS*(CSR, BC-A, BC-XII, GRAB 20, EQ C DG, PSPC-WBT, NC) (ESP) (IWS) (HCM-GBS) (NOx-III(SCR)) / MNS* Descriptive Note : Complied with part CSR-B&T of +100A1, “Double Hull Oil Tanker”, ESP, CSR, ShipRight (CM, ACS(B)the rules for the Survey and Construction of Steel Ships Strengthened for heavy cargo loading where hold Nos. 2 & 4 may be empty NOx-III(M/E : SCR), +LMC(G/E(Nos.1,2,3) : SCR) Installations Characters : CHG, LIMPP, UMSLSA, IGSRCF, DSPM4M0, CRANEAFS, COW(LR), *IWS, NAV1, ECO(P, BWM-T, IHM, VECS-L), with the descriptive notes of ShipRight (SCM, SERS), ETA. However, the Classification Society among LR, ABS and DNV shall be discussed between Buyer and Builder in a reasonable manner and finally decided by Buyer within two (2) weeks after the signing of the Contract. Builder shall arrange with the Classification Society for the assignment by the Classification Society of representative(s) to the Vessel during construction. All costs, fees, charges and arrangements incidental to classification of the Vessel in compliance with the rules, regulations and requirements of this Contract, shall be for the account of Builder. BWM Decisions of the Classification Society as to compliance or non-compliance of the Vessel with the said rules and regulations of the Classification Society classification shall be final and binding upon both parties hereto and confirmed with the partieshead office of the Classification Society if required. The Vessel VESSEL shall also comply with the applicable rules, regulations and requirements of the other regulatory bodies referred to as described in the Specifications as in force at the execution date of this Contract and/or which are published and ratified effect as of the date of signing this Contract. All fees and charges incidental to the Contractclassification and with respect to compliance with the above referred rules, regulations and requirements shall be for account of the SELLERS. The VESSEL’s classification status, and all classification and other required certificates hereunder, are to be clean and free of all conditions, recommendations and restrictions whatsoever other than those permitted in the Specifications.