VESSEL
Vessel means the hull, machinery, boat(s), gear and equipment, such as would normally be sold with her if she changed hands,
IN COMMISSION AND LAID UP
2.1 The Vessel is covered subject to the provisions of this insurance
2.1.1 while in commission at sea or on inland waters or in port, docks, marinas, on ways, gridirons, pontoons, or on the hard or mud or at place of storage ashore, including lifting or hauling out and launching, with leave to sail or nav¬igate with or without pilots, to go on trial trips and to assist and to tow vessels or craft in distress, or as is custom¬ary, but it is warranted that the Vessel shall not be towed, except as is customary or when in need of assistance, or undertake towage or salvage services under a contract previously arranged by Owners, Masters, Managers or Charterers.
2.1.2 while laid up out of commission as provided for in Clause 4 below; including lifting or hauling out and launching, while being moved in shipyard or marina, dismantling, fitting out, overhauling, normal maintenance or while under survey, (also to include docking and undocking and periods laid up afloat incidental to laying up or fitting out and with leave to shift in tow or otherwise to or from her lay-up berth but not outside the limits of the port or place in which the Vessel is laid up) but excluding, unless notice be given to the Underwriters and any additional premium required by them agreed, any period for which the Vessel is used as arhouseboat or is under major repair or under¬going alteration.