Common use of Deadweight Clause in Contracts

Deadweight. (a) In the event that there is a deficiency in the actual deadweight of the VESSEL determined as provided in the Specifications, the Contract Price shall not be decreased if such deficiency is six hundred (600) metric tons or less below the Guaranteed Deadweight of thirty thousand (30,000) metric tons at assigned design draft.

Appears in 7 contracts

Samples: Shipbuilding Contract (TBS International PLC), Contract (TBS International LTD), Contract (TBS International LTD)

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Deadweight. (a) In the event that there is a deficiency in the actual deadweight of the VESSEL determined as provided in the Specifications, the Original Contract Price shall not be decreased decreased, if such deficiency is six hundred (600) metric tons or less below the Guaranteed Deadweight as specified in Paragraph 6 of thirty thousand (30,000) metric tons at assigned design draftARTICLE I of this Contract.

Appears in 4 contracts

Samples: Shipbuilding Contract (Baltic Trading LTD), Shipbuilding Contract (Baltic Trading LTD), Shipbuilding Contract (Baltic Trading LTD)

Deadweight. (a) In the event that there is a deficiency in the actual deadweight of the VESSEL determined as provided in the Specifications, the Contract Price shall not be decreased if such deficiency is six hundred One Hundred (600100) metric tons or less below the Guaranteed Deadweight guaranteed deadweight of thirty thousand (30,000) 5500 metric tons at assigned design draft.summer draught 6.00m.

Appears in 1 contract

Samples: Shipbuilding Contract (Aegean Marine Petroleum Network Inc.)

Deadweight. (a) In the event that there is a deficiency in the actual deadweight of the VESSEL determined as provided in the Specifications, the Contract Price shall not be decreased if such deficiency is six hundred Six Hundred (600) metric tons or less below the Guaranteed Deadweight guaranteed deadweight of thirty thousand (30,000) 63,500 metric tons at assigned design moulded xxxxxxxxx draft.

Appears in 1 contract

Samples: Shipbuilding Contract (Scorpio Bulkers Inc.)

Deadweight. (a) In the event that there is a deficiency in the actual deadweight of the VESSEL determined as provided in the Specifications, the Contract Price shall not be decreased if such deficiency is six hundred Fifty (60050) metric tons or less below the Guaranteed Deadweight guaranteed deadweight of thirty thousand (30,000) 3500 metric tons at assigned design draft.summer draught 5.50m.

Appears in 1 contract

Samples: Form of Shipbuilding Contract (Aegean Marine Petroleum Network Inc.)

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Deadweight. (a) In the event that there is a deficiency in the actual deadweight of the VESSEL determined as provided in the Specifications, the Contract Price shall not be decreased if such deficiency is Eight hundred (800.00) metric tons less below the guaranteed deadweight of eighty one thousand six hundred (600) metric tons or less below the Guaranteed Deadweight of thirty thousand (30,00081,600) metric tons at assigned design xxxxxxxxx draft.

Appears in 1 contract

Samples: Shipbuilding Contract (Scorpio Bulkers Inc.)

Deadweight. (a) In the event that there is a deficiency in the actual deadweight of the VESSEL determined as provided in the Specifications, the Contract Price shall not be decreased if such deficiency is six hundred One Thousand Two Hundred (6001200) metric tons or less below the Guaranteed Deadweight guaranteed deadweight of thirty thousand (30,000) 114,000 metric tons at assigned design draftxxxxxxxxx draft moulded.

Appears in 1 contract

Samples: Shipbuilding Contract (Performance Shipping Inc.)

Deadweight. (a) In the event that there is a deficiency in the actual deadweight of the VESSEL determined as provided in the Specifications, the Contract Price shall not be decreased reduced if such deficiency is six seven hundred (600700) metric tons or less below the Guaranteed Deadweight guaranteed deadweight of thirty thousand (30,000) 81,800 metric tons at assigned design xxxxxxxxx draft.

Appears in 1 contract

Samples: Shipbuilding (Scorpio Bulkers Inc.)

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