Transfer Vessel definition
Examples of Transfer Vessel in a sentence
Charterer undertakes that the Transfer Vessel and its crew shall equally comply with the “ICS/OCIMF Ship-to-Ship Transfer Guide (Liquefied Gases)” and Charterer shall ensure that adequate fendering and hoses are provided, to the satisfaction of the Master.
Owner shall not be liable for damage sustained to the Transfer Vessel unless such damage was caused by negligence of the Vessel.
Owners undertake that the Vessel and its crew shall comply with such recommendations, and similarly Charterers undertake that the Transfer Vessel and its crew shall comply with such recommendations.
The Parties acknowledge and agree that notwithstanding the terms of Section 3.1, in the event that the transfer of the Transfer Vessel can be effected in a manner that the Parties agree is more advantageous to the Company from a Tax perspective than the manner set forth in Section 3.1, the Parties shall use commercially reasonable efforts to effect the transfer of the Transfer Vessel in such alternative manner but in no event in a manner which is adverse to any of the Parties.