Common use of Buyers’ representatives Clause in Contracts

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place two representatives on board the Vessel at their sole risk and expense. upon arrival at on or about These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ representatives shall sign the Sellers’ letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 2 contracts

Samples: Memorandum of Agreement (Diana Containerships Inc.), Memorandum of Agreement (Diana Containerships Inc.)

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Buyers’ representatives. After this Agreement has come into effect been signed by both parties and the deposit has been lodged, the Buyers have the right at any time within the period of one month prior to the expected delivery date to place two representatives on board the Vessel at their sole risk and expense. upon arrival at on or about These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ representatives shall sign the Sellers’ letter xxxxxx of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: Purchase Option Agreement (Exmar Energy Partners LP)

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place two representatives on board the Vessel at their sole risk and expense. upon arrival at on or about expense not earlier than 2 months prior to delivery These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ representatives shall sign the Sellers’ letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (DryShips Inc.)

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place two representatives on board the Vessel at their sole risk and expense. upon arrival at on or about about. These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ representatives shall sign the Sellers’ letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (Diana Containerships Inc.)

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place maximum two representatives on board the Vessel up to 30 days prior to delivery who may remain on board the Vessel at their sole risk and expenseexpense until delivery. upon arrival at on or about These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the Sellers’ operation of the Vessel/the Sellers’ work. The Buyers’ representatives shall sign the Sellers’ usual P&l letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (Genco Shipping & Trading LTD)

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place up to and including the time of delivery two representatives on board the Vessel at their sole risk and expense. expenses upon arrival at ___on or about ___. These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ and their representatives shall sign the Sellers’ letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: FreeSeas Inc.

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place two representatives on board the Vessel at their sole risk and expense. expense upon arrival at suitable place, however not earlier than 30 days prior to the expected delivery date. on or about These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ representatives shall sign the Sellers’ letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (Oceanfreight Inc.)

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place up to and including the time of delivery two representatives on board the Vessel at their sole risk and expense. expense upon arrival at ___on or about ___. These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ and their representatives shall sign the Sellers’ letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (FreeSeas Inc.)

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Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place two representatives on board the Vessel at their sole risk and expense, not earlier than 4 weeks prior to the estimated date of delivery. upon arrival at on or about These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ representatives shall sign the Sellers’ letter of indemnity prior to their embarkation. In any event the Buyers representatives are only Sellers officers and crews to board the Vessel earliest 30 days prior to expected deliverycooperate and demonstrate / explain operation of Vessel’s equipment.

Appears in 1 contract

Samples: Memorandum of Agreement (Omega Navigation Enterprises, Inc.)

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place maximum two representatives on board the Vessel up to thirty (30) days prior to delivery who may remain on board the Vessel at their sole risk and expenseexpense until delivery. upon arrival at on or about These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the Sellers’ operation of the Vessel/the Sellers’ work. The Buyers’ representatives shall sign the Sellers’ usual P&l letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: Genco Shipping & Trading LTD

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the The Buyers have the right to place two representatives on board the Vessel at their sole risk and expenseexpense up to 30 days prior to delivery. upon arrival at on or about These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ representatives shall sign the Sellers’ letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: Form of Agreement (Gulfmark Offshore Inc)

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right to place two representatives on board the Vessel at their sole risk and expense. expense upon arrival at on or about four (4) weeks prior to the intended date of delivery, at the Vessel's last loading port before delivery at the latest in any case. These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers' representatives shall sign the Sellers' letter of indemnity prior to their embarkation. In any event the Buyers representatives are only to board the Vessel earliest 30 days prior to expected delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (Oceanfreight Inc.)

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