Definition of Default. The BUYER shall be deemed to be in default under this CONTRACT in the following cases:
Appears in 24 contracts
Samples: Shipbuilding Contract (Excelerate Energy, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.)
Definition of Default. The BUYER shall be deemed to be in default of performance of its obligations under this CONTRACT Contract in the following cases:
Appears in 15 contracts
Samples: Shipsale Contract (Globus Maritime LTD), Shipsale Contract (Globus Maritime LTD), Shipsale Contract (Globus Maritime LTD)
Definition of Default. The BUYER Buyer shall be deemed to be in default under this CONTRACT Contract in any of the following casesevents:
Appears in 7 contracts
Samples: Shipbuilding Contract (Gener8 Maritime, Inc.), Construction and Sale (Gener8 Maritime, Inc.), Construction and Sale (Gener8 Maritime, Inc.)
Definition of Default. The BUYER shall be deemed to be in default of its performance of obligations under this CONTRACT Contract in the following casescases :
Appears in 7 contracts
Samples: www.dieselduck.info, Construction and Sale (Danaos Corp), Construction and Sale (Danaos Corp)
Definition of Default. The BUYER shall be deemed to be in default of its performance of obligations under this CONTRACT Contract in the following cases:
Appears in 6 contracts
Samples: Construction and Sale (DryShips Inc.), Construction and Sale (DryShips Inc.), Contract (DryShips Inc.)
Definition of Default. The BUYER shall be deemed to be in default under this CONTRACT in the following cases:
Appears in 4 contracts
Samples: The Construction and Sale (Atwood Oceanics Inc), Construction and Sale (Atwood Oceanics Inc), Contract (Atwood Oceanics Inc)
Definition of Default. The BUYER Buyer shall be deemed to be in default of performance of its obligations under this CONTRACT Contract in the following cases:
Appears in 4 contracts
Samples: Sale and Purchase, Sale and Purchase, International Shipholding Corp
Definition of Default. The BUYER Buyer shall be deemed to be in default of its obligations under this CONTRACT Contract in the following cases:
Appears in 2 contracts
Samples: Shipsales Contract (Safe Bulkers, Inc.), Construction and Sale (Safe Bulkers, Inc.)