Common use of GUARANTEED SPEED Clause in Contracts

GUARANTEED SPEED. The SELLER guarantees that the trial speed at the trial draft after any correction undertaken in accordance with paragraph 3.5 of the Technical Specification is to be not less than the speed as determined by model basin testing in a Chinese ship model test facility, at a draft/trim condition corresponding to ballast loading condition, at a main engine output of Maximum Continuous Rating (MCR) 9,480 kW as stipulated in the Specifications, (hereinafter called the "GUARANTEED SPEED").

GUARANTEED SPEED. The SELLER guarantees that the trial speed at the trial draft after any correction undertaken in accordance with paragraph 3.5 of the Technical Specification is to be not less than the speed as determined by model basin testing in a Chinese ship model test facility, at a draft/trim condition corresponding to ballast loading condition, at a main engine output of Maximum Continuous Rating (MCR) 9,480 kW as stipulated in the Specifications, (hereinafter called the "GUARANTEED SPEEDGUARANTEEDSPEED").