Common use of Deadweight Clause in Contracts

Deadweight. The guaranteed deadweight at a design draft of 8.30 metres will be 11,110 metric tons in seawater of 1.025 t/m3 density (and under the conditions further described in section G.2.3 of the Specification). The deadweight is the difference between the loaded displacement and the contractual lightweight. The contractual lightweight is the weight of the Ship clean, empty, equipped ready for sea in accordance with section G.8.3 of the Specification and adjusted by any weight (and related ballast) added or subtracted by reason of any agreements on modification made at any time under Article 3 of this Contract,.

Appears in 2 contracts

Samples: Shipbuilding Contract (NCL CORP Ltd.), Shipbuilding Contract (NCL CORP Ltd.)

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Deadweight. The guaranteed deadweight at a design draft of 8.30 [*] metres will be 11,110 [*] metric tons in seawater of 1.025 t/m3 density (and under the conditions further described in section G.2.3 of the Specification). The deadweight is the difference between the loaded displacement and the contractual lightweight. The contractual lightweight is the weight of the Ship clean, empty, equipped ready for sea in accordance with section G.8.3 of the Specification and adjusted by any weight (and related ballast) added or subtracted by reason of any agreements on modification made at any time under Article 3 of this Contract,.

Appears in 2 contracts

Samples: Shipbuilding Contract (Norwegian Cruise Line Holdings Ltd.), Shipbuilding Contract (Norwegian Cruise Line Holdings Ltd.)

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