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JADROAGENT
Ltd. - Rijeka
the biggest Shipping and Freight Agency in Croatia |
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JADROAGENT
Ltd. - Rijeka
the biggest Shipping and Freight Agency in Croatia |
Home |
ADVANCE CALL RATE means in relation to an entered ship (not being
a ship entered under Rule * on terms that a fixed premium is payable) the
rate per entered ton determined in accordance with Rule **.
APPLICANT means any person seeking to enter a ship on his own or another’s behalf or on whose behalf an application is made.
AFFILIATED COMPANY: a company affiliated to or associated with any Member or Co-assured and which is not named in the Certificate of Entry.
BII&D CLAIMS means Bodily injury, illness and death claims.
BYE-LAW means the Bye-Laws for the time being of the Club.
CALLS means any monies payable to the Association in respect of an Entered Ship pursuant to Rule *.
CALL RATE In relation to any Entered Ship, the rate per ton of the Entered Tonnage at which Advance Calls are payable to the Association in accordance with Rule * and the Certificate of Entry of such Ship.
CASUALTY: each accident or occurrence or series of accidents arising out of the same event.
CATASTROPHE CLAIM means the Club’s contribution to a claim on the Club under the Rules or terms of entry of an entered ship, or under the terms of the Pooling Agreement, when that claim exceeds or may exceed the limit of the Group Excess Loss Reinsurance Contract.
CATASTROPHE RESERVE Any reserve maintained by the Association to meet a catastrophe claim or claims.
CERTIFICATE OF ENTRY A document and any endorsement thereto issued by the Association in accordance with these Rules and the Articles of Association which records the names of Members interested in, and evidences the contract of insurance in respect of an Entered Ship.
CHARTERER’S ENTRY An entry which insurers (inter alia) as a Member a charterer (other than a demise charterer) not being a Charterer Jointly Insured under an Owner’s Entry.
CHARTERER JOINTLY INSURED UNDER AN OWNER’S ENTRY A charterer (other than by demise) which is affiliated to or associated with persons insured under an Owner’s Entry in accordance with Rule * and which is named in the terms of the Owner’s Entry as a joint member.
CLOSED POLICY-YEAR A Policy Year of the Association which the Directors shall have declared to be closed in accordance with Rule *.
CO-ASSURED means a person who is named in a Certificate of Entry as a person capable of benefiting and/or accepting obligations from such Entry in addition to or in substitution for the named Member.
COMMERCIAL TOTAL LOSS An insured vessel is a commercial total loss if, for whatever reason: (a) it is abandoned because its actual total loss appears to the Member on reasonable grounds to be unavoidable, or (b) it would cost more to repair (if damaged), to recover (if the Member has been deprived of its possession) or otherwise to preserve from actual total loss than its market value when repaired, recovered or preserved as the case may be.
CONTRIBUTION includes Advance, Supplementary or Overspill Call or Fixed Premium which may be due from an Owner (levied by the Association pursuant to Rule *).
CREW: officers, including Master, and seamen contractually obliged to serve on board the Ship, including substitutes and including such persons while proceeding to or from the Ship.
DEFENCE DIRECTORS Those Directors nominated from time to time by the Directors to consider matters falling within Rule *.
DEMISE CHARTERER means a Charterer who has sole possession of the ship and sole control of its management and crew.
EFFECTS includes clothes, documents, navigation and other technical instruments and tools, but does not include cash.
ENTERED SHIP means a ship which has been entered in the Club for any of the risks enumerated herein in the manner provided in the Bye-Laws or under these Rules.
EVENT: incident or occurrence that may give rise to a claim on the Association.
F.F.O. - Fixed and Floating Objects.
FINES includes penalties and other impositions similar in nature to fines imposed in respect of any entered ship by any court, tribunal or authority of competent jurisdiction.
FIXED PREMIUM A fixed premium payable to the Association in respect of an entered ship pursuant to Rule *.
FLEET ENTRY The entry of more than one Ship by one or more Members on the basis that those Ships will be treated together as a fleet for underwriting purposes.
GENERAL EXCESS LOSS REINSURANCE CONTRACT means the excess of loss reinsurance policies effected by parties to the Pooling Agreement.
GROUP EXCESS REINSURANCE POLICIES means the excess of loss reinsurance policies effected by parties to the Pooling Agreement.
GROUP RATING AGREEMENT means any agreement whereby the contribution of an entered ship are assesses by reference to the record of any other ships which are or were entered through the group in the Club, whether the ships are in the same registered or beneficial ownership or not.
HULL POLICIES means Policies effected on the Hull and Machinery of a ship, including Excess Liability Policies.
INCIDENT means any one accident or occurrence (save that a series of incidents having the same origin shall be treated as one incident taking place at the time of the first of them).
JOINT MEMBERS: where the Ship is entered in the names of more than one person, the named persons.
LIMITATION AMOUNT The amount to which the registered owner of an Entered Ship could have limited its liability in respect of the relevant matter had it sought and not been denied the right to limit.
LOSS: shall include damage, costs and expenses.
MANAGERS means the Managers for the time being of the Club.
MEMBER: an Owner, Operator or Charterer of a ship entered in the Association and whose name appers in the Certificate of Entry.
MONETARY RATE means the amount of money per ton of the entered tonnage of any insured vessel agreed between the Member concerned and the Managers for the purpose of ascertaining the basic rate of contribution upon which Calls are payable to the Association.
OIL POLLUTION means loss, damage or contamination caused by or incurred in consequence of the discharge or escape of oil (or threat of such escape or discharge) from any vessel (including the insured vessel) or from any other property whatsoever or the cost of any measures taken at any time by any person for the purpose of preventing or reducing any such loss, damage or contamination and/or a fine or civil penalty imposed in connection with an actual or threatened escape or discharge of oil as aforesaid.
OIL POLLUTION CLAIM means claims for liabilities, costs and expenses (including fines) arising out of or in connection with oil pollution and includes liabilities, costs and expenses incurred for the purpose of avoiding or minimising such claims.
OVERSPILL CLAIM means the Club’s proportion of that part of any claim, including the costs and expenses associated therewith, (whether arising out of the terms of entry of any entered ship or out of the terms of the Pooling Agreement) which exceeds or may exceed the maximum sum recoverable in respect of that claim under the General Excess Loss Reinsurance Contract.
OWNER includes an owner, owners in partnership, owners holding separate shares in severalty, a part owner, and a trustee, mortgage, charterer, operator or manager, builder, insurer or reinsurer who enters a ship in the Club or who is a Principal Assured, Joint Entrant or Co-Assured.
PASSENGER means any person carried on board an entered ship by virtue of holding a ticket of passage.
PERIOD OF INSURANCE in relation to an insured vessel, means the period of time during which (according to the terms of any contract of insurance) the Association is at risk as regards the occurrence of events in relation to that vessel which may give rise to liability on the part of the Association to indemnify the Member concerned.
PERSONAL EFFECTS: personal property brought on board, or being taken to or from the Ship by a Crew member, but excluding cash, valuables or any other article which in opinion of the Association is not an essential requirement of a Crew member.
POLICY-YEAR means the year from noon G.M.T. on the 20th February to noon G.M.T. on the 20th February next ensuing.
POOLING AGREEMENT means the agreement to which the Club is a party, between the International Group of Protection and Indemnity Associations, dated 20th February, 1989, and any addendum to, or variation or replacement of, the said agreement.
PREMIUM RATING The agreed rating per ton entered for insurance upon which Calls are payable to the Association according to the terms of such ship’s entry for insurance in the Association.
PROHIBITED AREA An area, port or place which the Association from time to time may declare to be a prohibited area for the purposes of the War Risk Exclusion in Rule *.
SALVAGE OPERATIONS means operations in the nature of salvage to any property in danger whatsoever, whether or not a recognised subject of salvage under maritime law, or operations in connection with the raising, removal, destruction or rendering harmless of a vessel which is sunk, wrecked, stranded or abandoned, including anything that is or has been on board such a vessel.
SEAMAN means any person (including the Master and apprentices) engaged or employed in any capacity in connection with the business of any entered ship as part of such ship’s complement (or any substitute for such person) and includes a supernumerary.
SENIOR MEMBER In respect of an Entered Ship that Member whose name stands first in the Register in respect of such Ship who shall be the Member whose name stands first on the Certificate of Entry of such Ship.
SHIP means any ship, boat, hydrofoil, hovercraft or other description of vessel (including a lighter, barge or similar vessel howsoever propelled but excluding a fixed platform or a fixed rig) used or intended to be used for any purpose whatsoever in navigation or otherwise on, under, over or in water or any part of such ship, boat, hydrofoil, hovercraft or other description of vessel or any proportion of the tonnage thereof or any share therein.
SUCCESSORS means the heirs, executors, administrators, personal representatives, assigns (when permitted under these Rules), receiver, curator or other person authorised to act on behalf of one who becomes incapable by reason of mental disorder of managing his property or affairs, trustee in bankruptcy, liquidator and other successors whatsoever.
SUPERNUMERARY means any relative of a seaman, or any other person, whom an Owner has agreed to maintain or carry on board an entered ship (except a passenger) and includes any person engaged under articles of agreement for nominal pay.
STATUTORY OBLIGATION includes any direction, obligation or liability imposed by enactment, decree, order or regulation having the force of law.
Note: * and ** denotes corresponding Rules