Common use of GENERAL AVERAGE Clause in Contracts

GENERAL AVERAGE. General Average, if any, shall be adjusted according to the York- Antwerp Rules 1974 or any subsequent modification thereof current at the time of the casualty. Bareboat Hire will not contribute to General Average.

Appears in 5 contracts

Sources: VLCC Charter Party (Mobil Corp), VLCC Charter Party (Mobil Corp), Charter Party (Mobil Corp)

GENERAL AVERAGE. General Average, if any, shall be adjusted according to the York- York-Antwerp Rules 1974 or any subsequent modification thereof current at the time of the casualty. Bareboat Hire will not contribute to General Average.

Appears in 1 contract

Sources: Charter Party (Mobil Corp)