Common use of Conditions precedent on Delivery Clause in Contracts

Conditions precedent on Delivery. 4.3 The Ship Commitment in respect of a Ship shall only be released to the Builder and the Borrower or their order if the Agent, or its duly authorised representative, has received all of the documents and evidence listed in Part 3 of Schedule 3 (Conditions precedent on Delivery) on the Delivery Date in relation to such Ship or the Owner in form and substance satisfactory to the Agent. Conditions precedent for each Ship Scrubber Commitment

Conditions precedent on Delivery. 4.3 The Ship Commitment in respect of a Ship shall may only be released to drawn down under this Agreement if, on or before the Builder and Utilisation of the Borrower or their order if relevant Advance for that Ship, the Agent, or its duly authorised representative, has received all of the documents and evidence listed in Part 3 2 of Schedule 3 (Conditions precedent on Delivery) on the Delivery Date in relation to such Ship or the Owner in form and substance satisfactory to the Agent. Conditions precedent for each Ship Scrubber Commitment.

Conditions precedent on Delivery. 4.3 The Ship Commitment in respect of a Ship shall only be released to the Builder and the Borrower or their order become available for borrowing under this Agreement if the Agent, or its duly authorised representative, has received all of the documents and evidence listed in Part 3 2 of Schedule 3 (Conditions precedent on DeliveryDelivery of Ships) on the Delivery Date in relation to such Ship or the Owner in form and substance satisfactory to the Agent. Conditions precedent for each Ship Scrubber Commitment.