Common use of Valuation of Ships Clause in Contracts

Valuation of Ships. The Fair Market Value of a Ship at any date is that shown by the average of 2 valuations:

Valuation of Ships. The Fair Market Value of a Ship at any date is that shown by the average of the 2 valuationsmost recent valuations obtained pursuant to this Clause 15.5 and each prepared and addressed to the Agent:

Valuation of Ships. The Fair Market Value of a Ship at any date is that shown by the average of 2 valuationsby:

Valuation of Ships. The Fair Market Value of a Ship at any date is that shown by the average of 2 valuationsa valuation prepared: