CLC 92 definition

CLC 92 means the International Convention on Civil Liability for Oil Pollution Damage, 1992;
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Examples of CLC 92 in a sentence

  • The Clubs have agreed to bear direct liability on a similar basis to that prescribed by CLC 92.

  • This Part relates to liability and compensation for damage from all forms of pollution from ships, and shall be applied as the law of [country] in a manner which is consistent with the principles and provisions of CLC 92 and FUND 92, the HNS Convention and the Bunkers Convention.

  • That amount is equivalent to the liability limit under CLC 92 for a ship of 29,548 gross tons.

  • Bush: The ‘W’ Stands for Woodrow,” Wall Street Journal, July 1, 2002, A14.

  • The Scheme reflects the fact that CLC 92 provides for the liability limit of the shipowner to be calculated by reference to the tonnage of the ship, subject to a minimum limit of SDR 4.51 million for ships of 5,000 gross tons or less.

  • There is an urgent need for the State Party to implement the Marine Environment Code (MEC) in order to implement MARPOL (International Convention for the Prevention of Pollution from Ships) provisions, including an emergency response plan, and to ratify the 1992 Conventions on compensation and liability (CLC 92, FUND 92).

  • In the case of oil pollution damage any sums provided by insurance or by other financial security maintained in accordance with subsection (1) shall be available exclusively for the satisfaction of claims under CLC 92.

  • These Conventions have worked well in practice, with virtually all bills paid.22 Whilst neither of these conventions applies to oil rigs it is useful to examine them in the context of the content required in a convention pertaining to oil rigs:23 1.1 International Convention on Civil Liability for Oil Pollution Damage 1992 as amended in 2002 with effect from 2003 (‘CLC 92’)24The CLC 92 was established to provide liability and compensation for clean-up costs and damages from an oil tanker spill.

  • Other calculations of the "unit of account" to local currencies shall be in accordance with Article V 9 (a) - (c) of CLC 92, paragraphs (a) to (c) – PROVIDED THAT these matters may be modified or replaced by any other means of calculating the extent of liability described as “units of account” provided for in Regulations made under this Act, and such Regulations may have retrospective effect to cure any problem that may arise in determining the unit of account under these provisions.

  • This Act now gives force of law to selected provisions of CLC 92.

Related to CLC 92

  • NP 11-202 means National Policy 11-202 – Process for Prospectus Reviews in Multiple Jurisdictions;

  • Commercial Item means a commercial item as defined in FAR 2.101.

  • Commercial applicator means a person who, by contract or for hire, engages in the

  • BOQ means Bill of Quantity or the Price Schedule in which rates for the e-tender should be quoted and uploaded online on the e-tender website.

  • Commercial Facility means the Commercial Facility made available under this Agreement as described in Clause 2.1 (Facility).

  • MARPOL 73/78 means the International Convention for the Prevention of Pollution from Ships (1973) as modified by the Protocol of 1978 relating thereto;

  • Commercial Letter of Credit means any Letter of Credit issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by a Loan Party in the ordinary course of business of such Loan Party.

  • Manufacturing Facility means buildings and structures, including machinery and equipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change.

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Energy facility means an energy plant or transmission

  • NP 46-201 means National Policy 46-201 – Escrow for Initial Public Offerings.

  • Triage facility means a short-term facility or a portion

  • MFIPPA means the Municipal Freedom of Information and Protection of Privacy Act (Ontario).

  • NI 45-102 means National Instrument 45-102 – Resale of Securities;