Common use of Extent of Builder’s Responsibility Clause in Contracts

Extent of Builder’s Responsibility. (a) The BUILDER shall have no responsibility or liability for any defects whatsoever in the VESSEL other than the defects specified in this Article. Nor shall the BUILDER in any circumstances be responsible or liable for any consequential or special losses, damages or expenses including, but not limited to, loss of time, loss of profit or earnings directly or indirectly occasioned to the BUYER due to the defects specified in this Article or due to repairs or other works done to the VESSEL to remedy such defects.

Appears in 3 contracts

Samples: Agreement (Santa Fe International Corp/), Performance Guarantee Agreement (Santa Fe International Corp/), Performance Guarantee Agreement (Santa Fe International Corp/)

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Extent of Builder’s Responsibility. (a) The BUILDER shall have no responsibility or liability for any defects other defect(s) whatsoever in the VESSEL other than the defects Defect(s) specified in Clause 1 of this Article. Nor The BUILDER shall the BUILDER not in any circumstances be responsible or liable for any consequential loss, damage or special losses, damages or expenses including, expense including but not limited to, to loss of time, loss of profit of earning or earnings demurrage directly or indirectly occasioned to the BUYER due to by reason of the defects specified Defect(s) in Clause 1 of this Article or due to repairs or other works done to the VESSEL to remedy such defectsArticle.

Appears in 1 contract

Samples: Danaos Corp

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Extent of Builder’s Responsibility. (a) The BUILDER shall have no responsibility or liability for any defects whatsoever in the VESSEL other than the defects specified in this Article. Nor shall the BUILDER in any circumstances be responsible or liable for any consequential or special losses, damages or expenses including, but not limited to, loss of time, loss of profit or earnings directly or indirectly occasioned to the BUYER due to the defects specified in this Article or due to repairs or other works done to the VESSEL to remedy such defects.indirectly

Appears in 1 contract

Samples: Santa Fe International Corp/

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