Common use of Valuation of Ship Clause in Contracts

Valuation of Ship. The Market Value of the Ship at any date is that shown by the arithmetic mean of 2 written valuations each prepared:

Appears in 3 contracts

Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)

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Valuation of Ship. The Market Value market value of the a Ship at any date is that shown by the arithmetic mean of 2 written valuations each preparedby:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

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