running down clause
running-down clause. Marine insurance. A provision for the hull insurer’s paying a proportion of the damages sustained by the other vessel in a collision.
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RUNNING-DOWN CLAUSE
running down clause
running down clause 碰撞责任条款 指保险人应对海上保险单中关于船舶发生碰撞事故引起对他船或第三者应负的经济赔偿责任负责补偿的条款。
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