Buyers Rights and Duties. If Seller has taken back the Property, Seller may return this Contract to its former status and return the Property to Buyer. Seller will return this Contract if Buyer pays all past due installments, interest Buyer currently owes, plus any other
Buyers Rights and Duties. The parties acknowledge that following the Closing Date but prior to February 28, 1997, Buyer intends to remove the Assets from the Facility. In connection with Buyer's preparation, disassembly, packing, loading and transporting of the Assets from the Facility after the Closing Date (the "Removal"), Buyer shall use reasonable care and shall conduct the Removal in a reasonably orderly manner. Except as otherwise provided below, Buyer shall be solely responsible for all costs incurred in connection with the Removal, including, but not
Buyers Rights and Duties. Under the FOB contract, the buyer’s duty is identify to the port of shipment. If it is not clean in the contract of sale, three different alternatives can be choose: First, the seller can choose the port of shipment, second the buyer can choose it, and third the contract is left for ambiguously.2 The buyer has also provided a suitable ship for loading. He has to determine a shipping period, place and also must give notice to the buyer of readiness to the vessel. 3Nomination of vessel is a condition of the contract. When the seller failure to nominate vessel, the buyer can refuse the contract and claim damages. Unless otherwise agreed, the buyer can also make a second nomination within a shipment period, if the first one is insufficient.
Buyers Rights and Duties
