Common use of Buyers’ representatives Clause in Contracts

Buyers’ representatives. After the lodge of deposit amount in the joint account the Buyers have the right to place two representatives on board the Vessel at their sole risk and expense for the purpose of familiarization only, and they shall not interfere in any respect with the operation of the crew and/or Vessel until time of the delivery of the Vessel to the Buyers. Buyers have the right to change their actual representatives from time to time but always to be in keeping with the above. The Buyers’ representatives shall sign the Sellers’ letter of indemnity in the form of the Sellers P + I club wording prior to their embarkation.

Buyers’ representatives. After the lodge of deposit amount in the joint account the Buyers have the right to place two representatives on board the Vessel Vessel, at their sole risk and expense for the purpose of familiarization only, and they shall not interfere in any respect with the operation of the crew and/or Vessel until time of the delivery of the Vessel to the Buyers. Buyers have the right to change their actual representatives from time to time but always to be in keeping with the above. The Buyers’ representatives shall sign the Sellers’ letter of indemnity in the form of the Sellers P + I club wording prior to their embarkation.