Method of Acceptance or Rejection. (a) Upon notification by the SELLER of the completion of the Trial Run of the VESSEL and submitting Trial Run results. The BUYER or the Supervisor shall within six (6) business days thereafter, notify the SELLER by telefax of its acceptance of the VESSEL or rejection of the VESSEL together with the reasons therefore.
Appears in 4 contracts
Samples: Shipbuilding Contract (Baltic Trading LTD), Shipbuilding Contract (Baltic Trading LTD), Shipbuilding Contract (Baltic Trading LTD)
Method of Acceptance or Rejection. (a) Upon notification by of the SELLER BUILDERS of the completion of the Trial Run of the VESSEL and submitting Trial Run results. The VESSEL, the BUYER or the BUYER’s Supervisor shall within six (6) business days Business Days thereafter, notify the SELLER BUILDERS by telefax and/or email of its acceptance of the VESSEL or of its rejection of the VESSEL together with the reasons therefore.
Appears in 1 contract
Method of Acceptance or Rejection. (a) Upon notification by of the SELLER BUILDER of the completion of the Trial Run of the VESSEL and submitting Trial Run results. The VESSEL, the BUYER or the BUYER’s Supervisor shall within six (6) business days thereafter, notify the SELLER by BUILDER in writing or telefax of its acceptance of the VESSEL or of its rejection of the VESSEL together with the reasons thereforetherefor.
Appears in 1 contract
Method of Acceptance or Rejection. (a) Upon notification by of the SELLER BUILDER of the completion of the Trial Run of the VESSEL and submitting Trial Run results. The VESSEL, the BUYER or the BUYER's Supervisor shall within six (6) business calendar days thereafter, notify the SELLER BUILDER by telefax e-mail of its acceptance of the VESSEL or of its rejection of the VESSEL together with the reasons thereforetherefor.
Appears in 1 contract
Method of Acceptance or Rejection. (a) Upon notification by of the SELLER BUILDER of the completion of the Trial Run of the VESSEL and submitting Trial Run results. The VESSEL, the BUYER or the Supervisor BUYER’s Supervisors shall within six four (64) business days in the Country of Construction thereafter, notify the SELLER BUILDER by telefax or email confirmed in writing of its acceptance of the VESSEL or of its rejection of the VESSEL together with the reasons thereforetherefor.
Appears in 1 contract
Samples: Shipbuilding (Scorpio Bulkers Inc.)