Present Condition of Vessel Sample Clauses

Present Condition of Vessel. Mandarin undertakes to provide the Operator with copies of all relevant documentation in respect of the Vessel in the English language, including detailed drilling equipment lists. In accepting the Vessel, Operator makes no representation as to the fitness of the Vessel for work pursuant to charter agreements, seaworthiness, working order or that the Vessel is without defect as to title, condition, design, operation or fitness for a particular use. Mandarin represents that upon delivery of the Vessel to Operator, it shall be in seaworthy condition and fit for use, and any costs associated with preparing the Vessel for work, seaworthiness, ensuring that the Vessel in working order or curing a defect will be the financial responsibility of Mandarin.
Sample 1
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Present Condition of Vessel. The parties acknowledge as at the date of signing of this Agreement that the Vessel is to be constructed. Petrodrill undertakes to provide the Manager with copies of all relevant documentation in respect of the Vessel in the English language, including detailed drilling equipment lists.
Sample 1

Related to Present Condition of Vessel

  • Payment Conditions All payments due hereunder are payable in United States dollars. No transfer, exchange, collection or other charges, including any wire transfer fees, shall be deducted from such payments. For sales of Licensed Products in currencies other than the United States, LICENSEE shall use exchange rates published in The Wall Street Journal on the last business day of the calendar quarter for which such payment is due.

  • Employment Conditions By accepting the Award, the Participant acknowledges and agrees that:

  • GUARANTEE CONDITIONS 5.1 All guaranteed performance data are based on the International Standard Atmosphere (ISA) and specified variations therefrom; altitudes are pressure altitudes.

  • Employment Condition The Participant must be employed by the Employer on the last day of the Plan Year, irrespective of whether he satisfies any Hours of Service condition under Option (d), with the following exceptions: (Choose (1) or at least one of (2) through (5))

  • Changes in Condition Since the date of the most recent financial -------------------- statements forming part of the Financial Statements, except to the extent specifically described in Section 3.3 of the Disclosure Schedule, there has been no Adverse Change in the Company or the Company and its Subsidiaries taken as a whole. There is no Event known to the Company which Adversely Affects, or in the future might (so far as the Company or the Principal Stockholder can now reasonably foresee) Adversely Affect, the Company or the Company and its Subsidiaries taken as a whole, or the ability of the Company to perform any of the obligations set forth in this Agreement or any Collateral Document executed or required to be executed pursuant hereto or thereto except for changes in general economic conditions and to the extent set forth in Section 3.3 of the Disclosure Schedule.

  • ELIGIBILITY CONDITIONS The eligibility conditions specified in Adoption Agreement Section 2.01 are effective for Plan Years beginning after _______________________.

  • Condition of Aircraft The Aircraft at the time of its return to Lessor shall have been maintained and repaired in accordance with the Approved Maintenance Program and this Lease with the same care and consideration for the technical condition of the Aircraft as if it were to have been kept in continued regular service by the Lessee, and shall meet the following requirements:

  • Frustration of Conditions Notwithstanding anything contained herein to the contrary, no Party may rely on the failure of any condition set forth in this Article VI to be satisfied if such failure was caused by the failure of such Party or its Affiliates (or with respect to the Company, any Target Company or Company Stockholder) failure to comply with or perform any of its covenants or obligations set forth in this Agreement.

  • Merger of Conditions The conditions set out in sections 5.1 and 5.2 shall be conclusively deemed to have been satisfied, waived or released on the Effective Date.

  • Minimum Condition Section 1.1(a).........................................2

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