BP 2007 Products

PART SIX
Applicable to each of Parts One, Two, Three, Four and Five
Section 25 – Definitions, etc.
25.1 Definitions
In the Agreement (as hereinafter defined) unless the context otherwise requires:
25.1.1 “the Agreement” means these General Terms and Conditions (including, where
applicable, the Schedules attached hereto) together with the Special Provisions;
25.1.2 “API” means the American Petroleum Institute and “MPMS” means the API
Manual of Petroleum Measurement Standards as amended from time to time;
25.1.3 “Approved Industry Practice” means the measurement, sampling and analysis
activities and methods of a standard no less than those laid down in the BP
Measurement Standards Manual and BP’s Requirements for Independent
Inspection Companies current at the time of the Agreement;
25.1.4 “Associated Company” shall, in relation to a party hereto, mean any company
which is a subsidiary of such party, or a company of which such party is a
subsidiary, or a company which is another subsidiary of a company of which such
party is a subsidiary (“subsidiary” having the meaning ascribed to it in Section
736 of the Companies Act, 1985);
25.1.5 “BP” means BP plc and all associated and subsidiary companies;
25.1.6 “BP Ship Vetting” means the BP Group Ship Vetting Service, including the BP
Ship Vetting Team, which administers and maintains the database concerning the
BP Group Ship Vetting policy, whereby no vessel shall be used unless it has first
been vetted by the BP Ship Vetting Service and approved for use by it;
25.1.7 “Banking Day” unless the Agreement expressly provides to the contrary means
a day other than a Saturday when clearing banks are open for business in
London;
25.1.8 “Barge” means
(a) a self propelled vessel or towed/pushed dumb craft employed in port areas
and sheltered waterways which is not classified as a sea-going vessel
(inland barge), and/or
(b) a towed/pushed dumb craft classified for sea-going trade (sea-going barge);
25.1.9 “barrel” means a barrel of 42 US gallons at 60°Fahrenheit;
25.1.10 “Berth” means a berth, dock, anchorage, submarine line, single point or single
berth mooring facility, offshore location, alongside vessels or lighters or any other
loading or discharge place as may be indicated by the party in question;
25.1.11 “CFR” and “CIF” shall each have the meaning ascribed thereto in Incoterms
2000 (as amended from time to time), except as modified by the Agreement;
further, if there is any inconsistency or conflict between Incoterms and the
Agreement, the Agreement shall prevail;
25.1.12 “CFR Indicative Date Range” and “CIF Indicative Date Range” shall have the
meanings ascribed to each respectively in Section 7.3;
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