Classification Society Rules definition

Classification Society Rules is used in this Contract, it means the rules of the Classification Society as stipulated in the Contract and the Specifications). The VESSEL shall be distinguished in the register by the symbol of X100A1 Containership *IWS, LI, ShipRight (SDA, CM) XLMC, UMS NAV1, SCM, with descriptive notes “ShipRight BWMP(F). Pt. Ht.” Details of Class notation shall be in accordance with the Specifications. Decisions of the Classification Society as to compliance or non-compliance with the classification rules and regulations shall be final and binding upon both parties hereto, except where this Contract provides for Arbitration. The VESSEL shall comply with rules, regulations, recommendations and requirements of the authorities as described and listed in the Specifications in force as of the date of the Contract signing, together with all mandatory rules and regulations with amendment, which have already been ratified up to the contract signing date and to come into effect prior to the scheduled delivery date of the VESSEL. The SELLER shall arrange with the Classification Society for the assignment by the Classification Society of a representative (hereinafter referred to as the “Classification Surveyor”) to the VESSEL during all stages of construction. All materials, workmanship and major plans used in the construction of the VESSEL shall be subject to inspection and test by the Classification Society in accordance with the rules and regulations of the Classification Society. All fees and charges in connection with or incidental to the classification of the VESSEL, to all certificates required under this Contract and the Specifications, and to compliance with the above specified rules, regulations and requirements, shall be for the account of the SELLER. No omission of the Classification Society and/or Classification Surveyor shall, in any way, diminish or impair the obligations and liabilities of the SELLER under the terms of this Contract.
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Classification Society Rules is used in this Contract, it means the rules of the Classification Society as stipulated in the Contract and the Specifications), in all respects, one (1) Ocean Going Single Screw diesel engine driven fully Cellular Container Vessel as described herein and in the Specifications referred to herein (hereinafter called the “VESSEL” which term shall, where it appears, include its design, drawings, plans, machinery, engines, equipment, fittings, outfittings, appurtenances, furniture, materials, parts, spares, articles and things whatsoever specified or required by the Specifications and/or otherwise under this Contract), at the BUILDER’s shipyard located in Koje Island, Korea (hereinafter called the “Shipyard”) and to deliver and sell the same to the BUYER free and clear of all liens, charges, mortgages and encumbrances, and the BUYER hereby agrees to purchase and accept delivery of the VESSEL from the BUILDER and to pay for the same upon the terms and conditions hereinafter set forth.
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Examples of Classification Society Rules in a sentence

  • In the event of any disputes as to conformity with Classification Society Rules, the decision of the surveyor of the Classification Society shall be final.

  • A reference hereafter in this Contract to Specifications shall be deemed to include the Approved Drawings and the Classification Society Rules.

  • The Approved Drawings and the Classification Society Rules as required by the SPECIFICATIONS shall constitute an integral part hereof.

  • A reference hereafter in this CONTRACT to SPECIFICATIONS shall be deemed to include the Approved Drawings and the Classification Society Rules.

  • The Approved Drawings and the Classification Society Rules shall constitute an integral part hereof.

  • All tanks, watertight bulkheads, and watertight hatches and doors shall be tested in accordance with the IACS Classification Society Rules selected per Contract Section C.

  • The VESSEL shall be a Single Screw Cellular Container VESSEL having the Builder’s Hull No. YZJ2006–717C and shall be designed, constructed, equipped, inspected, tested, ready for sea and suitable in all respects for its intended use, in accordance with the provisions of this Contract, the Specifications, the Approved Drawings and the Classification Society Rules (each as hereinafter defined).

  • The VESSEL shall be a Single Screw Cellular Container VESSEL having the Builder’s Hull No. YZJ2006-721C and shall be designed, constructed, equipped, inspected, tested, ready for sea and suitable in all respects for its intended use, in accordance with the provisions of this Contract, the Specifications, the Approved Drawings and the Classification Society Rules (each as hereinafter defined).

  • The Approved Drawings, and the Classification Society Rules shall constitute an integral part hereof.

  • Any dispute between the Parties regarding the fitness of the design, plans, or construction of the Vessel, its machinery and equipment, and/or regarding the Materials and/or workmanship with regard to satisfaction of Classification Society Rules or Regulatory Agency requirements (such disputes, “Approval Disputes”) shall be determined by the Classification Society (acting with or by its assigned surveyor).

Related to Classification Society Rules

  • Classification Society or “Class” means the Society referred to in line 4.

  • Approved Classification Society means, in respect of a Ship, the classification society specified in Schedule 9 or any other classification society which is a member of the International Association of Classification Societies and which has been approved in writing by the Facility Agent acting with the authorisation of the Majority Lenders.

  • Law Society means the Law Society of Ireland;

  • information society service means a service as defined in point (b) of Article 1(1) of Directive (EU) 2015/1535 of the European Parliament and of the Council;

  • primary society means, a Primary Forest Produce Co-operative Society registered under the Chhattisgarh Co-operative Societies Act, 1960 (Act No.17 of 1961) which is a member of District Union;