Discharge of Obligations. Upon such refund by the BUILDER to the BUYER, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End of Article)
Appears in 6 contracts
Samples: Construction Contract (Danaos Corp), Construction Contract (Danaos Corp), Construction Contract (Danaos Corp)
Discharge of Obligations. Upon such refund by the BUILDER to the BUYER, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End of Article).
Appears in 5 contracts
Samples: Shipbuilding Contract (Scorpio Bulkers Inc.), Shipbuilding Contract (Tsakos Energy Navigation LTD), Shipbuilding and Construction Agreement (Stolt Nielsen S A)
Discharge of Obligations. Upon such refund by the BUILDER SELLER to the BUYER, and upon compliance with the provisions of Clause 4 of this ARTICLE X, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End end of Article)
Appears in 4 contracts
Samples: Ship Building Contract (Seaspan CORP), Ship Building Contract (Seaspan CORP), Ship Building Contract (Seaspan CORP)
Discharge of Obligations. Upon such refund by the BUILDER to the BUYER, and upon compliance with the provisions of Paragraph 2.(d) of this Article, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract CONTRACT shall be forthwith completely discharged. (End of Article).
Appears in 4 contracts
Samples: Shipbuilding Contract (Seaspan CORP), Shipbuilding Contract (Seaspan CORP), Shipbuilding Contract (Seaspan CORP)
Discharge of Obligations. Upon such refund refundment by the BUILDER to the BUYER, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract CONTRACT shall be forthwith completely discharged. (End of Article).
Appears in 4 contracts
Samples: Construction Contract (Atwood Oceanics Inc), Construction Contract (Atwood Oceanics Inc), Construction Contract (Atwood Oceanics Inc)
Discharge of Obligations. Upon such refund by the BUILDER SELLERS to the BUYER, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End of Article).
Appears in 3 contracts
Samples: Ship Sale Contract (Globus Maritime LTD), Ship Sale Contract (Globus Maritime LTD), Ship Sale Contract (Globus Maritime LTD)
Discharge of Obligations. Upon such refund by the BUILDER Seller to the BUYERBuyer, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End of Article).
Appears in 2 contracts
Samples: Ship Sales Contract (International Shipholding Corp), Ship Sales Contract (International Shipholding Corp)
Discharge of Obligations. Upon such refund pursuant to paragraph 2 hereof by the BUILDER Seller to the BUYERBuyer, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End of Article).
Appears in 2 contracts
Samples: Ship Sales Contract (Safe Bulkers, Inc.), Ship Sales Contract (Safe Bulkers, Inc.)
Discharge of Obligations. Upon such refund by the BUILDER SELLER to the BUYER, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract CONTRACT shall be forthwith completely discharged. (End of Article).
Appears in 1 contract
Discharge of Obligations. Upon such refund by the BUILDER to the BUYER, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End of Article)) 40
Appears in 1 contract
Samples: Construction Contract
Discharge of Obligations. Upon such refund refundment, together with interest thereon as provided in Clause 11.3, by the BUILDER Builder to the BUYERBuyer, all obligations, duties and liabilities of each of the parties hereto Parties to the other under this Contract or at law shall be forthwith completely discharged. (End of Article).
Appears in 1 contract
Discharge of Obligations. Upon such refund by the BUILDER SELLER to the BUYER, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End of Article).
Appears in 1 contract
Discharge of Obligations. Upon such refund by the BUILDER to the BUYER, and upon compliance with the provisions of Clause 4 of this Article, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End of Article).
Appears in 1 contract
Samples: Ship Building Contract (Danaos Corp)
Discharge of Obligations. Upon such refund by the BUILDER to the BUYER, all obligations, duties and liabilities of each of the parties hereto to the other under this Contract shall be forthwith completely discharged. (End of Article).
ARTICLE XI - BUYER’s DEFAULT
Appears in 1 contract
Samples: Shipbuilding and Construction Agreement (Stolt Nielsen S A)
