Common use of Actual Delivery Date Clause in Contracts

Actual Delivery Date. The actual delivery date shall mean the date on which the BUILDER shall have actually delivered the VESSEL to the BUYER. However, the date on which the BUILDER shall have duly tendered the VESSEL for delivery in case of the BUYER's default as provided in Paragraph 1 (c) of Article XIII, shall be substituted for the actual delivery date, if applicable.

Appears in 2 contracts

Samples: Agreement (Santa Fe International Corp/), Santa Fe International Corp/

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Actual Delivery Date. The actual delivery date shall mean the date on which the BUILDER shall have actually delivered the VESSEL to the BUYER. However, the date on which the BUILDER shall have duly tendered the VESSEL for delivery in case of the BUYER's default as provided in Paragraph 1 (c1(c) of Article XIII, shall be substituted for the actual delivery date, if applicable.

Appears in 2 contracts

Samples: Performance Guarantee Agreement (Santa Fe International Corp/), Performance Guarantee Agreement (Santa Fe International Corp/)

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Actual Delivery Date. The actual delivery date Actual Delivery Date shall mean the date on which the BUILDER Builder shall have actually delivered the VESSEL Vessel to the BUYER. However, the date on which the BUILDER shall have duly tendered the VESSEL for delivery in case of the BUYER's default as provided in Paragraph 1 (c) of Article XIII, shall be substituted for the actual delivery date, if applicableBuyer.

Appears in 1 contract

Samples: Shipbuilding Contract (Scorpio Bulkers Inc.)

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