Common use of Buyers’ representatives Clause in Contracts

Buyers’ representatives. After this Agreement has been signed by the Parties and the Deposit has been lodged the Buyers have the right to place two (2) representatives on board the Vessel at their sole risk and Expense for a maximum of ten (10) 14 days and will pay USD 25 each for every day onboard. 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 the Buyers’ representatives shall sign the Sellers’ P&I Club’s standard letter of Indemnity prior to their embarkation.

Buyers’ representatives. After this Agreement has been signed by the Parties and the Deposit has been lodged lodged, the Buyers have the right to place two (2) representatives on board the Vessel at their sole risk and Expense for a maximum of ten (10) 14 days and will pay USD 25 each for every day onboard. 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 the Buyers’ representatives shall sign the Sellers’ P&I P&l Club’s standard letter of Indemnity indemnity prior to their embarkation.