Common use of HOW CONDUCTED Clause in Contracts

HOW CONDUCTED. (a) All expenses in connection with the trial run are for the account of Builder, and Builder shall provide at its own expense the necessary crew to comply with the requirements of safe navigation. The trial run shall be conducted in the manner prescribed in the Specifications, and shall prove fulfilment of the performance requirements for the trial run as set forth in the Specifications. The course of the trial run shall be determined by Builder. Builder shall have the right to conduct preliminary trials and to repeat any trial whatsoever as it deems necessary. (b) Notwithstanding Article Vl.3(a), lubricating oils and greases necessary for the trial run shall be supplied by Buyer at the Shipyard prior to the time advised by Builder for the conduct of tests and trials as stated in the Specifications, and Builder shall pay Buyer upon delivery of the Vessel the cost of the quantities of lubricating oils and greases consumed during the trial run at their original purchase prices. In measuring such consumed quantities, lubricating oils and greases remaining in the main engine, sump-tanks, other machinery and in pipes, ▇▇▇▇▇ tube and the like on the delivery of the Vessel, shall be excluded. The quantities of lubricating oils and greases to be supplied by Buyer as aforesaid shall be in accordance with the instructions of Builder. The fuel oil as well as lubricating oils and greases shall be in accordance with the engine specifications and Buyer shall advise Builder of the suppliers’ names for lubricating oils and greases in due time, provided always that such suppliers shall be acceptable to Builder and/or the makers of all the machinery.

Appears in 2 contracts

Sources: Shipbuilding Contract (Gener8 Maritime, Inc.), Shipbuilding Contract (Scorpio Bulkers Inc.)

HOW CONDUCTED. (a) All expenses in connection with the trial run are to be for the account of the Builder, and the Seller shall cause the Builder shall to provide at its own expense expenses the necessary crew to comply with the requirements conditions of safe navigation. The trial run shall be conducted in the manner prescribed in the Specifications, Specifications and shall prove fulfilment fulfillment of the performance requirements for the trial run as set forth in the Specifications. The course of the trial run shall be determined by the Builder. Builder shall have the right to conduct preliminary trials and to repeat any trial whatsoever as it deems necessary. (b) Notwithstanding Article Vl.3(a)the foregoing, lubricating oils and greases necessary for the trial run shall be supplied by the Buyer at the Shipyard prior to the time advised by Builder of the trial run. Forthwith upon receipt of request from the Seller, the Buyer shall decide and advise the Seller of the supplier’s name for lubricating oils and greases together with identity of the person(s) in charge of the supplier in order to facilitate discussion between the Seller and the supplier for determination of lubricating oils and greases to be supplied. It is necessary for the conduct of tests and trials as stated Seller to keep Buyer in the Specifications, and Builder loop when contact with supplier directly. The Seller shall pay the Buyer upon as soon as practically possible after the delivery of the Vessel VESSEL the cost of the quantities of lubricating oils and greases consumed during the trial run at their the original purchase pricesprice. In measuring such the consumed quantitiesquantity, lubricating oils and greases remaining in the main engine, sump-tanksother machinery, other machinery equipment, outfitting and in their pipes, ▇▇▇▇▇ tube and the like on the delivery of the Vessellike, shall be excluded. The quantities quantity of lubricating oils and greases to be supplied by the Buyer as aforesaid shall be in accordance with the instructions instruction of Builderthe Seller. The fuel oil VESSEL during such trial run or runs as well as lubricating oils and greases during the entire period of the construction of the VESSEL shall be in accordance with at the engine specifications Seller’s risk until final delivery and Buyer shall advise Builder of acceptance by the suppliers’ names for lubricating oils and greases in due time, provided always that such suppliers shall be acceptable to Builder and/or the makers of all the machineryBuyer.

Appears in 2 contracts

Sources: Sale and Purchase Agreement, Sale and Purchase Agreement

HOW CONDUCTED. (a) All expenses in connection with the trial run are for the account of Builder, and Builder shall provide at its own expense the necessary crew to comply with the requirements of safe navigation. The trial run shall be conducted in the manner prescribed in the Specifications, and shall prove fulfilment of the performance requirements for the trial run as set forth in the Specifications. The course of the trial run shall be determined by Builder. Builder shall have the right to conduct preliminary trials and to repeat any trial whatsoever as it deems necessary. (b) Notwithstanding Article Vl.3(aVI.3(a), lubricating oils and greases necessary for the trial run shall be supplied by Buyer at the Shipyard prior to the time advised by Builder for the conduct of tests and trials as stated in the Specifications, and Builder shall pay Buyer upon delivery of the Vessel the cost of the quantities of lubricating oils and greases consumed during the trial run at their original purchase prices. In measuring such consumed quantities, lubricating oils and greases remaining in the main engine, sump-tanks, other machinery and in pipes, ▇▇▇▇▇ stem tube and the like on the delivery of the Vessel, shall be excluded. The quantities of lubricating oils and greases to be supplied by Buyer as aforesaid shall be in accordance with the instructions of Builder. The fuel oil as well as lubricating oils and greases shall be in accordance with the engine specifications and Buyer shall advise Builder of the suppliers’ names for lubricating oils and greases in due time, provided always that such suppliers shall be acceptable to Builder and/or the makers of all the machinery.

Appears in 2 contracts

Sources: Shipbuilding Contract (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.)

HOW CONDUCTED. (a) All expenses in connection with the trial run are for the account of Builder, and Builder shall provide at its own expense the necessary crew to comply with the requirements of safe navigation. The trial run shall be conducted in the manner prescribed in the Specifications, and shall prove fulfilment of the performance requirements for the trial run as set forth in the Specifications. The course of the trial run shall be determined by Builder. Builder shall have the right to conduct preliminary trials and to repeat any trial whatsoever as it deems necessary. (b) Notwithstanding Article Vl.3(aVI.3(a), lubricating oils and greases necessary for the trial run shall be supplied by Buyer at the Shipyard prior to the time advised by Builder for the conduct of tests and trials as stated in the Specifications, and Builder shall pay Buyer upon delivery of the Vessel the cost of the quantities of lubricating oils and greases consumed during the trial run at their original purchase prices. In measuring such consumed quantities, lubricating oils and greases remaining in the main engine, sump-tanks, other machinery and in pipes, ▇▇▇▇▇ tube and the like on the delivery of the Vessel, shall be excluded. The quantities of lubricating oils and greases to be supplied by Buyer as aforesaid shall be in accordance with the instructions of Builder. The fuel oil as well as lubricating oils and greases shall be in accordance with the engine specifications and Buyer shall advise Builder of the suppliers’ names for lubricating oils and greases in due time, provided always that such suppliers shall be acceptable to Builder and/or the makers of all the machinery.

Appears in 2 contracts

Sources: Shipbuilding Contract (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.)

HOW CONDUCTED. (a) All expenses in connection with the trial run are for the account of Builder, and Builder shall provide at its own expense the necessary crew to comply with the requirements of safe navigation. The trial run shall be conducted in the manner prescribed in the Specifications, and shall prove fulfilment of the performance requirements for the trial run as set forth in the Specifications. The course of the trial run shall be determined by Builder. Builder shall have the right to conduct preliminary trials and to repeat any trial whatsoever as it deems necessary. (b) Notwithstanding Article Vl.3(aVI.3(a), lubricating oils and greases necessary for the trial run shall be supplied by Buyer at the Shipyard prior to the time advised by Builder for the conduct of tests and trials as stated in the Specifications, and Builder shall pay Buyer upon delivery of the Vessel the cost of the quantities of lubricating oils and greases consumed during the trial run at their original purchase prices. In measuring such consumed quantities, lubricating oils and greases remaining in the main engine, sump-tanks, other machinery and in pipes, ▇▇▇▇▇ tube and the like on the delivery of the Vessellike, shall be excluded. The quantities of lubricating oils and greases to be supplied by Buyer as aforesaid shall be in accordance with the instructions of Builder. The fuel oil as well as lubricating oils and greases shall be in accordance with the engine specifications and Buyer shall advise Builder of the suppliers’ names for lubricating oils and greases in due time, provided always that such suppliers shall be acceptable to Builder and/or the makers of all the machinery.

Appears in 1 contract

Sources: Shipbuilding Contract (Scorpio Bulkers Inc.)