Common use of REMEDY OF DEFECTS Clause in Contracts

REMEDY OF DEFECTS. (a) The BUILDER shall remedy, at its expense, any DEFECT against which the VESSEL or any part of the machinery or equipment thereof is guaranteed under this Article IX, by making all necessary repairs or replacements at the SHIPYARD or elsewhere as provided for in (b) hereinbelow.

Appears in 6 contracts

Samples: Gener8 Maritime, Inc., Gener8 Maritime, Inc., Gener8 Maritime, Inc.

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REMEDY OF DEFECTS. (a) The BUILDER shall remedy, at its expense, any DEFECT defects, against which the VESSEL or any part of the machinery or equipment thereof is guaranteed under this Article IXArticle, by making all necessary and reasonably practicable repairs or replacements at the SHIPYARD or elsewhere as provided for in (b) hereinbelow.. In such case, the VESSEL shall be taken at the BUYER’s cost and responsibility to the place selected, ready in all respects for such repairs or replacements and in any event, the BUILDER shall not be responsible for towage

Appears in 5 contracts

Samples: Shipbuilding Contract (Danaos Corp), Shipbuilding Contract (Danaos Corp), Shipbuilding Contract (Danaos Corp)

REMEDY OF DEFECTS. (a) The BUILDER shall remedy, at its expense, any DEFECT against which the VESSEL or any part of the machinery or equipment thereof is guaranteed under this Article IXArticle, by making all necessary repairs or replacements at the SHIPYARD or elsewhere as provided for in (b) hereinbelow.

Appears in 3 contracts

Samples: Shipbuilding Contract (International Shipholding Corp), Shipbuilding Contract (International Shipholding Corp), Shipbuilding Contract (International Shipholding Corp)

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REMEDY OF DEFECTS. (a) The BUILDER shall remedy, at its expense, any DEFECT defects, against which the VESSEL or any part of the machinery or equipment thereof is guaranteed under this Article IXArticle, by making all necessary repairs or replacements at the SHIPYARD or elsewhere as provided for in (b) hereinbelowSHIPYARD.

Appears in 2 contracts

Samples: Construction and Sale (Scorpio Bulkers Inc.), Tsakos Energy Navigation LTD

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