Common use of Condition on delivery Clause in Contracts

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national/international certificates and surveys, as well as all other certificates the Vessel had at the time of agreement, valid and unextended without condition/recommendation by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 8 contracts

Samples: Memorandum of Agreement (Star Maritime Acquisition Corp.), Memorandum of Agreement (Star Maritime Acquisition Corp.), Memorandum of Agreement (Star Maritime Acquisition Corp.)

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Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national/national and international certificates and surveyscertificates, as well as all other certificates the Vessel had at the time of agreementsigning this Agreement, valid and unextended for at least 4 months from the date of delivery without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 8 contracts

Samples: Baltic Trading LTD, Genco Shipping & Trading LTD, Baltic Trading LTD

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 7 contracts

Samples: Memorandum of Agreement (Mc Shipping Inc), StealthGas Inc., Memorandum of Agreement (Top Tankers Inc.)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 4 contracts

Samples: Memorandum of Agreement (StealthGas Inc.), StealthGas Inc., StealthGas Inc.

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* for six months by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 4 contracts

Samples: Memorandum of Agreement (Mc Shipping Inc), Memorandum of Agreement (Mc Shipping Inc), Memorandum of Agreement (Mc Shipping Inc)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 3 contracts

Samples: StealthGas Inc., StealthGas Inc., StealthGas Inc.

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 3 contracts

Samples: Memorandum of Agreement (General Maritime Corp / MI), Memorandum of Agreement (General Maritime Corp / MI), Memorandum of Agreement (General Maritime Corp / MI)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/condition/ recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation condition/ recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 3 contracts

Samples: Head Agreement (Oceanfreight Inc.), Memorandum of Agreement (Oceanfreight Inc.), Memorandum of Agreement (Oceanfreight Inc.)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered free of cargo and free of stowaways with her class Class maintained without condition/condition/ recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation condition/ recommendation* by Class the Classification Society or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 2 contracts

Samples: Loan Agreement (Hemen Holding LTD), Loan Agreement (Hemen Holding LTD)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation' by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 2 contracts

Samples: Memorandum of Agreement (Top Tankers Inc.), Memorandum of Agreement (Top Tankers Inc.)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.. “

Appears in 1 contract

Samples: Navios Maritime Holdings Inc.

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and nationalInternational/international national certificates and surveys, as well as all other certificates the Vessel had at the time of agreementagreement inspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (Star Bulk Carriers Corp.)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and nationalInternational/international national certificates and surveys, as well as all other certificates the Vessel had at the time of agreementagreement inspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the atthe time of delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (Star Bulk Carriers Corp.)

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Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendationcondition of class /recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates certificates, International and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection clear, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery. Buyers acknowledges vessel is due IS/DD June 2007.

Appears in 1 contract

Samples: Memorandum of Agreement (Britannia Bulk PLC)

Condition on delivery. The Vessel Each of the Vessels with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel Vessels shall be delivered with her class maintained without condition/recommendation*recommendationo, free of average damage affecting the Vessel's class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.. "

Appears in 1 contract

Samples: Rand Logistics, Inc.

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's Vessels class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum period of 1 month 3 (three) months from at the time of delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (Oceanfreight Inc.)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended unexpended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum period of 1 month from 6 months after at the time of delivery.

Appears in 1 contract

Samples: Form of Agreement (Gulfmark Offshore Inc)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 1 contract

Samples: StealthGas Inc.

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was is at the time of inspectioninspection delivery., fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 1 contract

Samples: Purchase Option Agreement (Exmar Energy Partners LP)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspectionthis Agreement, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national/international certificates and surveysnational certificates, as well as all other certificates the Vessel had at the time of agreement, this Agreement valid and unextended without condition/recommendation recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (General Maritime Ship Holdings LTD)

Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers., but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and nationalNational/international certificates and surveyscertificates, as well as all other certificates the Vessel had at the time of agreementinspection, valid and unextended without condition/recommendation recommendation* for a period of at least six (6) months by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.. “

Appears in 1 contract

Samples: Memorandum of Agreement (Teekay Offshore Partners L.P.)

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