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. The Charter Hire not to contribute to General Average.

Appears in 4 contracts

Sources: Bareboat Charter Agreement, Bareboat Charter Agreement (Commodore Holdings LTD), Memorandum of Agreement (Horizon Offshore Inc)

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

Appears in 2 contracts

Sources: Bareboat Charter Agreement (Seadrill Partners LLC), Bareboat Charter Agreement (Seadrill Partners LLC)