Common use of Elevated Lightweight Clause in Contracts

Elevated Lightweight. The Vessel’s Elevated Lightweight shall be the number of metric tons stated in Box 4A(iv) on international summer freeboard, corresponding to a mean draft in saltwater (specific gravity 1.025) as stated in Box 4A(v) (this Elevated Lightweight, excluding legs and spudcans). The specified Elevated Lightweight shall not include fuel, provisions, stores, freshwater, crew and passengers in addition to spare parts not less than the requirements of the Classification Society.

Appears in 8 contracts

Samples: Refund Guarantee (Cadeler a/S), Refund Guarantee (Cadeler a/S), Refund Guarantee (Cadeler a/S)

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