Common use of HOW CONDUCTED Clause in Contracts

HOW CONDUCTED. The sea trial shall be carried out in the presence of representatives from the Classification Society and/or Regulatory Bodies, and shall be conducted in the manner described in the Specifications, and shall be sufficient in scope and duration to enable all parties to verify and establish that all elements are functioning in accordance with the Contract. All expenses in connection with the sea trial shall be for the account of the Builder, including without limitation all necessary crew.

Appears in 3 contracts

Samples: Shipbuilding Contract (Lindblad Expeditions Holdings, Inc.), Option Agreement (Lindblad Expeditions Holdings, Inc.), Trico Marine Services Inc

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HOW CONDUCTED. The sea trial shall be carried out in the presence of representatives from the Classification Society and/or and / or Regulatory Bodies, and shall be conducted in the manner described in the Specifications, and shall be sufficient in scope and duration to enable all parties to verify and establish that all elements are functioning in accordance with the Contract. All expenses in connection with the sea trial shall be for the account of the Builder, including without limitation all necessary crew.

Appears in 2 contracts

Samples: Contract (Petroleum Geo Services Asa), Petroleum Geo Services Asa

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