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 60 days prior to the expected date of delivery to place up to 2 (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. The Buyers’ representatives are to be allowed to remain on board up to and during the time of delivery, always at Buyers’ sole risk and expense.

Appears in 2 contracts

Samples: Memorandum of Agreement for Sale and Purchase of Ships (Danaos Corp), Memorandum of Agreement for Sale and Purchase of Ships (Danaos Corp)

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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 60 days prior to the expected date of delivery to place up to 2 (two) representatives on board the Vessel at their sole risk and expense upon arrival atat ……..….. 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. The Buyers’ representatives are to be allowed to remain on board up to and during the time of delivery, always at Buyers’ sole risk and expense.

Appears in 1 contract

Samples: Memorandum of Agreement for Sale and Purchase of Ships (Danaos Corp)

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right 60 days prior to the expected date of delivery to place up to 2 (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. The Buyers’ representatives are to be allowed to remain on board up to and during the time of delivery, always at Buyers’ sole risk and expense.

Appears in 1 contract

Samples: Memorandum of Agreement for Sale and Purchase of Ships (Danaos Corp)

Buyers’ representatives. After this Agreement has been signed by both parties and the deposit has been lodged, the Buyers have the right 60 days prior to the expected date of delivery to place up to 2 (two) representatives on board the Vessel at their sole risk and expense upon arrival atat …..…… 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. The Buyers’ representatives are to be allowed to remain on board up to and during the time of delivery, always at Buyers’ sole risk and expense. Once Sellers have tended NOR, Buyers are entitled to have another 8 representatives onboard for familiarization purpose only.

Appears in 1 contract

Samples: Memorandum of Agreement for Sale and Purchase of Ships (Danaos Corp)

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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 60 days prior to the expected date of delivery to place up to 2 (two) representatives on board the Vessel at their sole risk and expense upon arrival atat ……..... 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. The Buyers’ representatives are to be allowed to remain on board up to and during the time of delivery, always at Buyers’ sole risk and expense.

Appears in 1 contract

Samples: Memorandum of Agreement for Sale and Purchase of Ships (Danaos Corp)

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