Examples of International Group in a sentence
Xxxxxx XX sets out the legal rights of the Supplementary Fund under the Scheme, and the authority of the International Group to agree ancillary arrangements with the 1992 Fund in respect of direct actions.
The Scheme is established by a legally binding Agreement between the owners of tankers which are insured against oil pollution risks by P&I Clubs in the International Group.
Apart from a relatively small category of ships mentioned below, all tankers will be Relevant Ships if they are insured by an International Group Club.
It is envisaged that these and other terms supporting the operation of the Scheme will be agreed between the Supplementary Fund and the International Group of P&I Clubs.
An exception to these arrangements relates to ships which are insured by an International Group Club but are not reinsured through the Group’s Pooling arrangements.