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 expenses upon arrival at a place to be agreed between the Buyers and the Sellers on or about provided however that the Sellers and the Buyers shall make respective arrangements so that the said representatives can board the Vessel at least two weeks, but not earlier than 3 weeks, before the Vessel is to be delivered to the Buyers under this Agreement unless the last loading port prior to delivery of the Vessel hereunder is at a place requiring more than 3 weeks’ steaming time to reach such place of delivery in which case the Sellers shall make arrangements so that the Buyers’ representatives are allowed to board the Vessel at such port. These representatives are on board for the purpose of familiarization and in the capacity of observers only and they shall not interfere in any respect with the operation of the Vessel. The Buyers’ representative shall sign the Sellers’ letter of indemnity prior to their embarkation.