Common use of GENERAL AVERAGE Clause in Contracts

GENERAL AVERAGE. General Average, if any, shall be adjusted according to the York-Antwerp Rules 1974 or any subsequent modification thereof current at the time of the casualty. The Charter Hire not to contribute to General Average.

Appears in 3 contracts

Samples: Memorandum of Agreement (Horizon Offshore Inc), Commodore Holdings LTD, Commodore Holdings LTD

AutoNDA by SimpleDocs

GENERAL AVERAGE. General Average, if any, shall be adjusted according to the York-Antwerp Antwerpen Rules 1974 or any subsequent modification thereof current at the time of the casualty. The Charter Hire shall not to contribute to General Average.

Appears in 2 contracts

Samples: Bareboat Charter Agreement (Seadrill Partners LLC), Bareboat Charter Agreement (Seadrill Partners LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.