Common use of Deadweight Clause in Contracts

Deadweight. (a) The Contract Price shall not be affected or changed by reason of a deficiency in the actual deadweight of the Vessel, being not more than Two Thousand (2,000) metric tons below the guaranteed deadweight at the xxxxxxxxx draft in the conditions as set out in the Specifications.

Appears in 5 contracts

Samples: Construction and Sale (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.), Construction and Sale (Gener8 Maritime, Inc.)

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Deadweight. (a) The Contract Price shall not be affected or changed by reason of a deficiency in the actual deadweight of the VesselVESSEL as determined in accordance with the Specifications, being less than the Guaranteed Deadweight of the VESSEL, if such deficiency is not more than Two Thousand (2,000) 635 metric tons below the guaranteed deadweight at Guaranteed Deadweight of the xxxxxxxxx draft in the conditions as set out in the SpecificationsVESSEL.

Appears in 3 contracts

Samples: Shipsale Contract (Globus Maritime LTD), Shipsale Contract (Globus Maritime LTD), Shipsale Contract (Globus Maritime LTD)

Deadweight. (a) The Contract Price CONTRACT PRICE shall not be affected or changed by reason of a deficiency in the actual deadweight of the VesselVESSEL, as determined in accordance with the SPECIFICATIONS, being not more than Two Thousand six hundred (2,000600) metric tons or less below the guaranteed deadweight at of the xxxxxxxxx draft in the conditions as set out in the SpecificationsVESSEL.

Appears in 1 contract

Samples: Construction and Sale (Scorpio Bulkers Inc.)

Deadweight. (a) The Contract Price shall not be affected or changed by reason of a deficiency in the actual deadweight of the VesselVESSEL, being less than the guaranteed deadweight of the VESSEL, if such deficiency is not more than Two Thousand (2,000) Six Hundred metric tons (600MT) below the guaranteed deadweight at of the xxxxxxxxx draft in the conditions as set out in the SpecificationsVESSEL.

Appears in 1 contract

Samples: Tsakos Energy Navigation LTD

Deadweight. (a) The Contract Price shall not be affected or changed by reason of a deficiency in the actual deadweight of the VesselVESSEL as determined in accordance with the Specifications, being less than the Guaranteed Deadweight of the VESSEL, if such deficiency is not more than Two Thousand (2,000) 610 metric tons below the guaranteed deadweight at Guaranteed Deadweight of the xxxxxxxxx draft in the conditions as set out in the SpecificationsVESSEL.

Appears in 1 contract

Samples: Construction and Sale (Scorpio Bulkers Inc.)

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Deadweight. (ai) The Contract Price shall not be affected or changed by reason of a deficiency in the actual deadweight of the Vessel, being not more Vessel as determined in accordance with the Specification if the difference is less than Two Thousand (2,000) 300 metric tons below tonnes of the 29400 metric tonnes guaranteed deadweight at of the xxxxxxxxx draft in the conditions as set out in the SpecificationsVessel.

Appears in 1 contract

Samples: Vessel Construction Contract (Alexander & Baldwin Inc)

Deadweight. (a) The Contract Price shall not be affected or changed by reason of a deficiency in the actual deadweight of the Vessel, being not more than Two Thousand five hundred fifty (2,000550) metric tons below the guaranteed deadweight at the xxxxxxxxx design draft in the conditions as set out in the Specifications.

Appears in 1 contract

Samples: Construction and Sale (Scorpio Bulkers Inc.)

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