Common use of Notices, time and place of delivery Clause in Contracts

Notices, time and place of delivery. a) The Sellers shall keep the Buyers well informed of the Vessel’s itinerary and shall provide the Buyers with 20, 10, 5 , and 3, 1 days approximate notice of the estimated time of arrival at the intended place of drydocking/ underwater inspection/delivery. When the Vessel is at the place of delivery and in every respect physically ready for delivery in accordance with this Agreement, the Sellers shall give the Buyers a written Notice of Readiness for delivery. b) The Vessel shall be delivered and taken over safely afloat at a safe and accessible berth or safe anchorage, safe port at /in Worldwide range in the Sellers’ option. Expected time of delivery: Between 1st May 2007 and 30th June 2007 in Sellers’ option

Notices, time and place of delivery. a) The Sellers shall keep the Buyers well informed of the Vessel’s itinerary and shall provide the Buyers with 30, 20, 1015, 10 7, 5 , approximate and 3, and 2, 1 definite days approximate notice of the estimated time of arrival at the intended place of drydocking/ drydocking/underwater inspection/delivery. When the Vessel is at the place of delivery and in every respect physically ready for delivery in accordance with this Agreement, the Sellers shall give the Buyers a written Notice of Readiness for delivery. b) The Vessel shall be delivered and taken over safely afloat at a safe and accessible berth or safe anchorage, safe port at /in anchorage at/in Worldwide range in the Sellers’ option. Expected time of delivery: Between May 1st May 2007 and 30th – June 30th, 2007 in Sellers’ optionSeller’s Option

Notices, time and place of delivery. a) The Sellers shall keep the Buyers well informed of the Vessel’s 's itinerary and shall provide the Buyers with 2030, 1015, 5 , and 7 days notice of the approximate and 3, 2 and 1 days approximate notice of the definite estimated time of arrival at the intended place of drydocking/ drydocking/underwater inspection/delivery. When the Vessel is at the place of delivery and in every respect physically ready for delivery in accordance with this Agreement, the Sellers shall give the Buyers a written Notice of Readiness for delivery. b) The Vessel shall be delivered and taken over safely afloat at a safe and accessible berth or safe anchorage, safe port anchorage at/in- worldwide range to be narrowed at /in Worldwide range time of the 30 day notice in the Sellers’ ' option. Expected time of delivery: Between 1st 15th May 2007 and - 30th June 2007 in Sellers’ option2007

Notices, time and place of delivery. a) The Sellers shall keep the Buyers well informed of the Vessel’s 's itinerary and shall provide the Buyers with 20approximately 21, 1014, 5 7, and 3, 1 3 days approximate notice prior of the estimated delivery date time of arrival at the intended place place, and 1 day definite notice of drydocking/ delivery date. of drydocking/underwater inspection/delivery. When the Vessel is at the place of delivery and in every respect physically ready for delivery in accordance with this Agreement, the Sellers shall give the Buyers a written Notice of Readiness for delivery. b) The Vessel shall be delivered and taken over safely afloat at a safe and accessible berth or safe anchorage, an Anchorage or buoy in one safe port at /in Worldwide in range of Worldwide, as per Charter party at/in in the Sellers’ ' option. Expected time of delivery: Between 1st May 2007 and 30th June 2007 10th- 29thDecember, 2006 in Sellers’ ' option.