Single Hull Clause Sample Clauses

Single Hull Clause. During the currency of this Charter, in the event that there are 3 or more countries/areas out of South Korea, Japan, India, Indonesia, Thailand, Singapore and Taiwan that would enforce phase out of single-hull oil tankers, and/or in the event of P.R. China banning transport of crude oil in single-hull oil tankers without exception (i.e: such as CAP rating/existing charter agreement etc.), Charterers shall have the right to cancel the Charter after 30th March 2010.
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Related to Single Hull Clause

  • Fall Clause 7.1 The BIDDER undertakes that it has not supplied/is not supplying similar product/systems or subsystems at a price lower than that offered in the present bid in respect of any other Ministry/Department of the Government of India or PSU and if it is found at any stage that similar product/systems or sub systems was supplied by the BIDDER to any other Ministry/Department of the Government of India or a PSU at a lower price, then that very price, with due allowance for elapsed time, will be applicable to the present case and the difference in the cost would be refunded by the BIDDER to the BUYER, if the contract has already been concluded.

  • SPECIAL CLAUSES [No special clauses apply to this grant agreement.] [The following special clauses apply to this grant agreement:]

  • MANAGEMENT CLAUSE Except as modified by this Agreement, the Employer retains all rights of management, which, in addition to all powers, duties, and rights established by constitutional provision or statute, will include but not limited to, the right to: (a) Determine the Employer’s mission and strategic plans; (b) Determine the Employer’s budget and size of the agency’s workforce and the financial basis for layoffs; (c) Direct and supervise employees; (d) And all other rights to manage and operate the Ferries Division in an effective, efficient, safe, and fiscally prudent manner within the Ferries Division fiscal budget. (e) The Union reserves the right to intercede on behalf of any employee who feels aggrieved because of the exercise of this right and to process a grievance in accordance with Section 23. (f) The existence of this clause shall not preclude the resolution of any such grievance on its merits.

  • ZIPPER CLAUSE 1. This Agreement sets forth the full and entire understanding of the parties regarding the matters herein. This Agreement may be modified, but only in writing, upon the mutual consent of the parties.

  • Final Clauses This Agreement will enter into force upon signature by both Parties and shall remain in force until completion of all obligations of the Parties under this Agreement.