Reductions to be Independent of Each Other. Reductions permitted herein are independent of each other and in the event of there being contingencies which necessitate the application of two or more Clauses, there shall be separate reductions in the Contract Price in respect of each contingency.
Appears in 4 contracts
Samples: Ship Building Contract (Seaspan CORP), Ship Building Contract (Seaspan CORP), Ship Building Contract (Seaspan CORP)
Reductions to be Independent of Each Other. Reductions permitted herein are independent of each other and in the event of there being contingencies which necessitate the application of two or more Clausesparagraphs, there shall be separate reductions in the Contract Price CONTRACT PRICE in respect of each contingency.
Appears in 4 contracts
Samples: Shipbuilding Contract (Seaspan CORP), Shipbuilding Contract (Seaspan CORP), Shipbuilding Contract (Seaspan CORP)
Reductions to be Independent of Each Other. Reductions permitted herein are independent of each other and in the event of there being contingencies which necessitate the application of two or more Clausesparagraphs, there shall be separate reductions in the Contract Price in respect of each contingency.
Appears in 1 contract
Samples: Ship Building Contract (Danaos Corp)
