Common use of DEADWEIGHT BELOW CONTRACT REQUIREMENTS Clause in Contracts

DEADWEIGHT BELOW CONTRACT REQUIREMENTS. (a) The CONTRACT PRICE of the VESSEL shall not be affected or changed, if actual deadweight, determined as provided in this CONTRACT and the SPECIFICATIONS, is below the deadweight of 83,300 metric tons on the moulded design draft of 12.0 metres required by this CONTRACT and the SPECIFICATIONS by an amount of 83,300 metric tons or less. However, should the deficiency in the actual deadweight of the VESSEL be more than 830 metric tons below the said required deadweight, then the CONTRACT PRICE of the VESSEL shall be reduced for each full one (1) metric ton [fractions of less than one (1) metric ton shall be disregarded] of decreased deadweight in excess of 830 metric tons by the sum of U.S. Dollars One Thousand One Hundred only (US$ 1,100.-) per metric ton. However, unless the parties agree otherwise, the total amount of deduction from the CONTRACT PRICE shall not exceed the amount due to cover the deficiency of 2,000 metric tons below the said required deadweight hereinabove.

DEADWEIGHT BELOW CONTRACT REQUIREMENTS. (a) The CONTRACT PRICE of the VESSEL shall not be affected or changed, if actual deadweight, determined as provided in this CONTRACT and the SPECIFICATIONS, is below the deadweight of 83,300 67,000 metric tons on the moulded design xxxxxxxxx draft of 12.0 13.65 metres required by this CONTRACT and the SPECIFICATIONS by an amount of 83,300 660 metric tons or less. However, should the deficiency in the actual deadweight of the VESSEL be more than 830 660 metric tons below the said required deadweight, then the CONTRACT PRICE of the VESSEL shall be reduced for each full one (1) metric ton [(fractions of less than one (1) metric ton shall be disregarded] ) of decreased deadweight in excess of 830 660 metric tons by the sum of U.S. Dollars One Thousand One Hundred only nineteen hundred (US$ 1,100.-1,900) per metric ton. However, unless the parties agree otherwise, the total amount of deduction from the CONTRACT PRICE shall not exceed the amount due to cover the deficiency of 2,000 1,300 metric tons below the said required guaranteed deadweight hereinabove.

DEADWEIGHT BELOW CONTRACT REQUIREMENTS. (a) The CONTRACT PRICE of the VESSEL shall not be affected or changed, changed if the actual deadweight, deadweight determined as provided in this CONTRACT and the SPECIFICATIONS, SPECIFICATIONS is below the deadweight of 83,300 metric tons on the moulded design draft of 12.0 metres required by this CONTRACT and the SPECIFICATIONS Guaranteed Deadweight by an amount of 83,300 one thousand four hundred metric tons (1,400m.t.) or less. However, should the deficiency in the actual deadweight of the VESSEL be more than 830 one thousand four hundred metric tons (1,400m.t.) below the said required deadweightGuaranteed Deadweight, then the CONTRACT PRICE of the VESSEL shall be reduced for each full one (1) metric ton [(fractions of less than one (1) metric ton shall be disregarded] ) of decreased deadweight in excess of 830 one thousand four hundred metric tons (1,400m.t.) by the sum of U.S. Dollars U.S.Dollars One Thousand One Hundred only (US$ 1,100.-US$1,000) per metric ton. However, unless the parties agree otherwise, the total amount of deduction from the CONTRACT PRICE shall not exceed the amount due to cover the deficiency of 2,000 two thousand six hundred metric tons (2,600m.t.) below the said required deadweight Guaranteed Deadweight hereinabove.

DEADWEIGHT BELOW CONTRACT REQUIREMENTS. (a) The CONTRACT PRICE of the VESSEL shall not be affected or changed, if actual deadweight, determined as provided in this CONTRACT and the SPECIFICATIONS, is below the deadweight of 83,300 170,500 metric tons on the moulded design xxxxxxxxx draft of 12.0 metres 17.8 meters required by this CONTRACT and the SPECIFICATIONS by an amount of 83,300 1,500 metric tons or less. However, should the deficiency in the actual deadweight of the VESSEL be more than 830 1,500 metric tons below the said required deadweight, then the CONTRACT PRICE of the VESSEL shall be reduced for each full one (1) metric ton [fractions of less than one (1) metric ton shall be disregarded] of decreased deadweight in excess of 830 1,500 metric tons by the sum of U.S. Dollars One Thousand One Five Hundred only (US$ 1,100.-US$500.-) per metric ton. However, unless the parties agree otherwise, the total amount of deduction from the CONTRACT PRICE shall not exceed the amount due to cover the deficiency of 2,000 3,500 metric tons below the said required deadweight hereinabove.

DEADWEIGHT BELOW CONTRACT REQUIREMENTS. (a) The CONTRACT PRICE of the VESSEL shall not be affected or changed, changed if the actual deadweight, deadweight determined as provided in this CONTRACT and the SPECIFICATIONS, SPECIFICATIONS is below the deadweight of 83,300 metric tons on the moulded design draft of 12.0 metres required by this CONTRACT and the SPECIFICATIONS Guaranteed Deadweight by an amount of 83,300 one thousand four hundred metric tons (1,400m.t.) or less. However, should the deficiency in the actual deadweight of the VESSEL be more than 830 one thousand four hundred metric tons (1,400m.t.) below the said required deadweightGuaranteed Deadweight, then the CONTRACT PRICE of the VESSEL shall be reduced for each full one (1) metric ton [(fractions of less than one (1) metric ton shall be disregarded] ) of decreased deadweight in excess of 830 one thousand four hundred metric tons (1,400m.t.) by the sum of U.S. Dollars One Thousand One Hundred only (US$ 1,100.-US$1,000) per metric ton. However, unless the parties agree otherwise, the total amount of deduction from the CONTRACT PRICE shall not exceed the amount due to cover the deficiency of 2,000 two thousand six hundred metric tons (2,600m.t.) below the said required deadweight Guaranteed Deadweight hereinabove.