Fund Convention definition
Examples of Fund Convention in a sentence
The purpose of the review will be (1) to establish the approximate proportions in which the overall cost of such claims under the Liability Convention and/or the 1992 Fund Convention and/or the Protocol has been borne respectively by shipowners and by oil receivers in the period since 20 February 2006; and (2) to consider the efficiency, operation and performance of this Agreement.
A Protocol has been adopted to supplement the 1992 Fund Convention by providing for additional compensation to be available from a Supplementary Fund for Pollution Damage in States which opt to accede to the Protocol.
A Protocol has been drawn up and adopted to supplement the 1992 Fund Convention by providing for additional compensation to be available from a Supplementary Fund in States which opt to accede to the Protocol.
In par- ticular, the BLET shall retain control of the IBLE General Fund, Convention Fund and Mobilization/Strike Fund.
Owner further warrants that the Vessels shall be in full compliance with the 1992 Civil Liability Convention (CLC) and the 1992 Fund Convention during the term of this Charter.