Notices, time and place of delivery. a) The Sellers shall keep the Buyers regularly posted with regards to the actual delivery date of the Vessel and and shall give the Buyers 30, 20, 10, and 5 days approximate notice of delivery and 1 days definite notice of delivery. When the Vessel is 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 of the Vessel. Sellers to keep Buyers informed about the Vessel’s building schedule and progress of all major construction stages, such as Steel Cutting, Reel Laying, Launching and delivery date, until the Vessel is complete. The Buyers hereby confirm that the delivery of the Vessel by Sellers under this agreement will take place simultaneously with delivery of the Vessel to the Sellers by the Builder. Sellers will deliver the Vessel unregistered.
Appears in 1 contract
Samples: Memorandum of Agreement (Genco Shipping & Trading LTD)
Notices, time and place of delivery. a) The Sellers shall keep the Buyers regularly posted with regards to the actual delivery date of the Vessel and and shall give the Buyers 30, 20, 10, and 5 days approximate notice of delivery and 1 days definite notice of delivery. When the Vessel is 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 of the Vessel. Sellers to keep Buyers informed about the Vessel’s building schedule and progress of all major construction stages, such as Steel Cutting, Reel Keel Laying, Launching and delivery date, until the Vessel is complete. The Buyers hereby confirm that the delivery of the Vessel by Sellers under this agreement will take place simultaneously with delivery of the Vessel to the Sellers by the Builder. Sellers will deliver the Vessel unregistered.
Appears in 1 contract
Notices, time and place of delivery. a) The Sellers shall keep the Buyers regularly posted with regards to the actual delivery date of the Vessel and and shall give the Buyers with 30, 20, 10, and 5 days approximate notice of delivery and 1 days definite notice of delivery. When the Vessel is 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 of the Vessel. Sellers to keep Buyers informed about the Vessel’s building schedule and progress of all major construction stages, such as Steel Cutting, Reel Keel Laying, Launching and delivery date, until the Vessel is complete. The Buyers hereby confirm that the delivery of the Vessel by Sellers under this agreement will take place simultaneously with delivery of the Vessel to the Sellers by the Builder. Sellers will deliver the Vessel unregistered.
Appears in 1 contract
Samples: Memorandum of Agreement (Genco Shipping & Trading LTD)
Notices, time and place of delivery. a) The Sellers shall keep the Buyers regularly posted with regards to the actual delivery date of the Vessel and and shall give the Buyers with 30, 20, 10, 10 and 5 days approximate notice of delivery and 1 days definite notice of delivery. When the Vessel is 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 of the Vessel. Sellers to keep Buyers informed about the Vessel’s building schedule and progress of all major construction stages, such as Steel Cutting, Reel Keel Laying, Launching and delivery date, until the Vessel is complete. The Buyers hereby confirm that the delivery of the Vessel by Sellers under this agreement will take place simultaneously with delivery of the Vessel to the Sellers by the Builder. Sellers will deliver the Vessel unregistered.
Appears in 1 contract
Samples: Memorandum of Agreement (Genco Shipping & Trading LTD)
Notices, time and place of delivery. a) The Sellers shall keep the Buyers Buyer’s regularly posted with regards to the actual delivery date of the Vessel and and shall give the Buyers 30, 20, 10, and 5 days approximate notice of delivery and 1 days definite notice of delivery. When the Vessel is 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 of the Vessel. Sellers to keep Buyers informed about the Vessel’s building schedule and progress of all major construction stages, such as Steel Cutting, Reel Keel Laying, Launching and delivery date, until the Vessel is complete. The Buyers hereby confirm that the delivery of the Vessel by Sellers under this agreement will take place simultaneously with delivery of the Vessel to the Sellers by the Builder. Sellers will deliver the Vessel unregistered.
Appears in 1 contract
Samples: Memorandum of Agreement (Genco Shipping & Trading LTD)