Common use of Builder’s and Buyer’s obligations Clause in Contracts

Builder’s and Buyer’s obligations. It is mutually agreed between the Builder and the Buyer that: a) the Builder shall design, construct, test and survey, launch, equip, complete, sell and deliver the Vessel to the Buyer all in accordance with good international shipbuilding and marine engineering practice; and b) the Buyer shall purchase, take delivery of and pay for the Vessel.

Appears in 8 contracts

Samples: Shipbuilding Contract (Cadeler a/S), Shipbuilding Contract (Cadeler a/S), Shipbuilding Contract (Cadeler a/S)

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