Common use of Entry into Club Clause in Contracts

Entry into Club. P&I for the Training Ship will be obtained by the Administration using a marine insurance broker. The P&I policy will include standard P&I insurance coverage for Academy cadets, crew, faculty, passengers, and third parties who may make claims for injuries involving the Training Ship. Under the P&I Policy, the Administration and the Academies that operate training ships will be joint members. The Academy assumes responsibility for providing, both to the P&I Club and to the Administration’s Office of Marine Insurance, the Academy’s legal name as a joint member in such insurance.