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Although this conclusion was made in an arbitration proceeding and therefore does not constitute a legally binding precedent, it may encourage others to challenge security claims for similar reasons. Gard therefore recommends that members and customers carefully review the charter`s handling clauses to ensure that the 2011 ICA is clearly integrated into its entirety. Gard will discuss the potential impact of this award with other clubs within the International Group of P-I Clubs and Gard will update our members and clients in due course. In the meantime, members or clients who have questions or need help are encouraged to contact Gard. In order to encourage the application and integration of the 2011 agreement to all NYPE/Asbatime charter lots, the circular issued in May 2016 referred members to a recommended charter party clause, developed by the International Group of P-I Clubs. However, a recent arbitration proceeding in London raised concerns within the International Group, as the court found that the charter clause contained only the liability provisions of the ICA and not the guarantee obligation provided for in point 9 of the 2011 agreement. Owners and operators should check the wording of their existing charter lots after an LMAA arbitration tribunal recently determined that the 2011 inter-club agreement was not duly included in a NYPE charter party in its entirety. Under this new provision, as soon as one of the parties to a charter party has established a guarantee for a right to freight, provided that the deadlines set out in Clause 6 of the agreement have been met, the right to guarantee is based on reciprocity. The owners demanded a counter-guarantee from their charterers for a claim they had invoked with the principal owners, in accordance with Article 9 of the 2011 Inter-Club Agreement (ICA). The charter portion, an amended form from NYPE 1946, contained a clause that states: » (l) iability for cargo claims, as between Charterers and Owners, is portioned/settled as specified by the Interclub New York Produce Exchange Agreement effective from 1996 and its subsequent subs amendment.» The new «security provision» is contained in Clause 9 of this 2011 agreement. The NYPE 2015 Charterparty contains a similar clause that also promotes the application and use of the 2011 agreement and is equally acceptable. As a result, the International Group amended the wording of the recommended Charter clause, adopted in 2016, to reflect this recent conclusion and to end the 2011 security requirement.