Common use of Classification, Rules and Regulations Clause in Contracts

Classification, Rules and Regulations. ( i) The Vessel including its machinery, equipment and outfittings shall be built in compliance with the current rules and regulations of American Bureau of Shipping (ABS) (hereinafter called the “Classification Society”), to be classed and registered as +A1 (E) “Oil / Chemical Carrier Ship type 3”, +AMS, +ACCU, +BWE, CSR, AB-CM, RES, VEC-L, CRC, ESP, UWILD, TCM, CPP and Xxxxxxxx Islands Flag and in accordance with the standards provided in the Specifications. Vessel to be equipped in accordance with regulations of ABS and also to comply with the rules, regulations and requirements of other regulatory bodies (including the aforementioned Flag) as described in the Specifications. All materials, machinery, equipment and accessories to be supplied for the construction of the Vessel shall be new, and of qualified manufacture. The Vessel shall be constructed in sound, prudent and workmanlike manner and according to the Builder’s building practices, quality control.

Classification, Rules and Regulations. ( (i) The Vessel including its machinery, equipment and outfittings shall be built in compliance with the current rules and regulations of American Bureau of Shipping (ABS) (hereinafter called the “Classification Society”), to be classed and registered as +A1 (E) “Oil / Chemical Carrier Ship type 3”, +AMS, +ACCU, +BWE, CSR, AB-CM, RES, VEC-L, CRC, ESP, UWILD, TCM, CPP and Xxxxxxxx Islands Flag and in accordance with the standards provided in the Specifications. Vessel to be equipped in accordance with regulations of ABS and also to comply with the rules, regulations and requirements of other regulatory bodies (including the aforementioned Flag) as described in the Specifications. All materials, machinery, equipment and accessories to be supplied for the construction of the Vessel shall be new, and of qualified manufacture. The Vessel shall be constructed in sound, prudent and workmanlike manner and according to the Builder’s building practices, quality control.