Common use of HOW CONDUCTED Clause in Contracts

HOW CONDUCTED. (a) The VESSEL shall run the official sea trial in the manner as specified in the Specifications and shall prove fulfillment of the performance requirements for the trial run as set forth in the Specification. (b) All expenses in connection with the trial run (including bunkers, diesel oil, lubricating oil and greases) including proper insurance are to be for account of the SELLER and the SELLER shall provide, at its own expense, the necessary crew to comply with conditions of safe navigation.

Appears in 4 contracts

Samples: Ship Building Contract (Seaspan CORP), Ship Building Contract (Seaspan CORP), Ship Building Contract (Seaspan CORP)

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HOW CONDUCTED. (a) The VESSEL shall run the official sea trial in the manner as specified in the Specifications and shall prove fulfillment of the performance requirements for the trial run as set forth in the Specification. (b) All expenses in connection with the trial run (including bunkers, diesel oil, lubricating oil and greases) including proper insurance are to be for account of the SELLER BUILDER and the SELLER BUILDER shall provide, at its own expense, the necessary crew to comply with conditions of safe navigation.

Appears in 1 contract

Samples: Ship Building Contract (Danaos Corp)

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