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 299,910 metric tons on the moulded xxxxxxxxx draft of 21.6 metres required by this CONTRACT and the SPECIFICATIONS by an amount of 3,000 metric tons or less.

Appears in 9 contracts

Samples: Shipbuilding Contract (DHT Holdings, Inc.), Shipbuilding Contract (DHT Holdings, Inc.), Shipbuilding Contract (DHT Holdings, Inc.)

AutoNDA by SimpleDocs

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 299,910 metric tons on the moulded xxxxxxxxx sxxxxxxxx draft of 21.6 metres required by this CONTRACT and the SPECIFICATIONS by an amount of 3,000 metric tons or less.

Appears in 1 contract

Samples: Shipbuilding Contract (DHT Holdings, Inc.)

AutoNDA by SimpleDocs

DEADWEIGHT BELOW CONTRACT REQUIREMENTS. (a) The CONTRACT PRICE of the VESSEL shall not be affected or changed, if the actual deadweightdeadweight tonnage of the VESSEL is less than 370 metric tons, determined as provided in this CONTRACT and the SPECIFICATIONS, is below the deadweight tonnage of 299,910 37,000 metric tons on the moulded xxxxxxxxx draft of 21.6 metres 10.5 meters required by this CONTRACT and the SPECIFICATIONS by an amount of 3,000 metric tons or less(the “Guaranteed Deadweight”).

Appears in 1 contract

Samples: Shipbuilding Contract (Tsakos Energy Navigation LTD)

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