Common use of Method of Acceptance or Rejection Clause in Contracts

Method of Acceptance or Rejection. (a) Upon completion of the sea trial and when the trial results are available, and if the Builder considers the results thereof demonstrates that the Vessel conforms with the Contract, the Builder shall immediately give the Buyer a written notice of completion stating when the Vessel is ready for delivery. The Buyer shall within 48 consecutive hours after receipt of this notice and the test results notify the Builder in writing of its acceptance or rejection of the Vessel.

Method of Acceptance or Rejection. (a) Upon completion of the sea trial and when trial, the BUILDER shall give the BUYER a notice by telefax of completion of the trial results are availablerun, as and if the Builder BUILDER considers that the results thereof demonstrates that of trial run indicate conformity of the Vessel conforms with DRILLSHIP to this Contract and the Contract, the Builder shall immediately give the Buyer a written notice of completion stating when the Vessel is ready for deliverySpecifications. The Buyer shall BUYER shall, within 48 consecutive hours Five (5) days after receipt of this such notice and from the test results BUILDER, notify the Builder in writing BUILDER by telefax of its acceptance or rejection of the VesselDRILLSHIP's conformity to this Contract and Specifications.

Method of Acceptance or Rejection. (a) Upon completion of the sea trial and when trial, the BUILDER shall give the BUYER a notice by telefax of completion of the trial results are availablerun, as and if the Builder BUILDER considers that the results thereof demonstrates that of trial run indicate conformity of the Vessel conforms with DRILLSHIP to this Contract and the Contract, the Builder shall immediately give the Buyer a written notice of completion stating when the Vessel is ready for deliverySpecifications. The Buyer shall BUYER shall, within 48 consecutive hours Five (5) days after receipt of this such notice and from the test results BUILDER, notify the Builder in writing BUILDER by telefax of its acceptance or rejection of the VesselDRILLSHIP’s conformity to this Contract and Specifications.