Common use of Condition on delivery Clause in Contracts

Condition on delivery. The Vessel, with everything belonging to her, shall be at the Seller’s risk and expense until she is delivered to the Buyer on the Delivery Date. Subject to the terms of this contract, she shall be delivered and taken over as she is at the time of inspection, fair wear and tear excepted. The Vessel shall be delivered with her present class maintained, free of recommendations, and the Vessel’s continuous survey cycles of machinery are to be clean and up-to-date. All trading, national/international certificates shall be valid and unextended on the Delivery

Appears in 8 contracts

Samples: Memorandum of Agreement (Double Hull Tankers, Inc.), Memorandum of Agreement (Double Hull Tankers, Inc.), Memorandum of Agreement (Double Hull Tankers, Inc.)

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Condition on delivery. The Vessel, Vessel with everything belonging to her, her shall be at the Seller’s Sellers’ risk and expense until she is delivered to the Buyer on the Delivery Date. Subject Buyers, but subject to the terms and conditions of this contract, Agreement she shall be delivered and taken over as she is at was the time of inspection, fair wear and tear excepted. The However, the Vessel shall be delivered as is where lies with her present class maintained, maintained and free of recommendations, and average damage affecting the Vessel’s continuous survey cycles class, and with her classification certificates and National/International trading certificates as on board at the time of machinery are to be clean and up-to-date. All trading, national/international certificates shall be valid and unextended on the Deliverydelivery.

Appears in 1 contract

Samples: Memorandum of Agreement for Sale and Purchase of Ships (FreeSeas Inc.)

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Condition on delivery. The Vessel, Vessel with everything belonging to her, her shall be in good working condition at the Seller’s Sellers' risk and expense until she is delivered to the Buyer on the Delivery Date. Subject Buyers, but subject to the terms and conditions of this contract, Agreement she shall be delivered and taken over as she is at the time of inspection, fair wear and tear exceptedwhere is. The Vessel shall will be delivered with her present class maintainedClass maintained without condition/recommendation and with her classification, free national and international certificates, as well as all other certificates the Vessel has the time of recommendationsdelivery, and the Vessel’s continuous survey cycles of machinery are to be clean and up-to-date. All trading, national/international certificates shall be valid and unextended without condition/recommendation by Class or the relevant authorities as on the Deliveryboard.

Appears in 1 contract

Samples: Memorandum of Agreement for Sale and Purchase of Ships (DryShips Inc.)

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