Common use of Notice of Payment before Delivery Clause in Contracts

Notice of Payment before Delivery. With the exception of the first installment, the BUILDER shall give the BUYER Ten (10) banking days prior notice in writing or telefax or telex of the anticipated due date and amount of each installment payable on or before delivery of the DRILLSHIP.

Appears in 5 contracts

Samples: Construction Contract (DryShips Inc.), Construction Contract (DryShips Inc.), Construction Contract (DryShips Inc.)

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Notice of Payment before Delivery. With the exception of the first installment, the BUILDER shall give the BUYER OWNER Ten (10) banking days prior notice in writing or telex or telefax or telex confirmed in writing by registered mail of the anticipated due date and amount of each installment payable on or before delivery of the DRILLSHIPVESSEL.

Appears in 2 contracts

Samples: Contract for Construction and Sale of Vessel (R&b Falcon Corp), Construction Contract (R&b Falcon Corp)

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Notice of Payment before Delivery. With the exception of the first installment, the BUILDER shall give the BUYER Ten (10) banking days prior notice in writing or telefax or telex confirmed in writing by registered mail of the anticipated due date and amount of each installment payable on or before delivery of the DRILLSHIP.

Appears in 1 contract

Samples: Contract for Construction and Sale of a Drilling Ship (R&b Falcon Corp)

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