REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and shall remove the VESSEL from the SHIPYARD within three (3) days after delivery thereof is affected. If the BUYER shall not remove the VESSEL from the SHIPYARD within the foresaid three (3) days, the BUYER shall pay to the BUILDER the reasonable mooring charges of the VESSEL.
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Samples: Shipbuilding Contract (Quintana Maritime LTD), Shipbuilding Contract (Quintana Maritime LTD), Shipbuilding Contract (Quintana Maritime LTD)
REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and acceptance thereof, and shall remove the VESSEL from the mooring quay of the SHIPYARD or the place the VESSEL been delivered as soon as possible within three (3) days after delivery and acceptance thereof is affectedeffected. If the BUYER shall not remove the VESSEL from the mooring quay of the SHIPYARD within the foresaid aforesaid three (3) days, then, in such event, the BUYER shall pay to the BUILDER the reasonable mooring charges of the VESSEL.
Appears in 2 contracts
Samples: Shipbuilding Contract (Scorpio Bulkers Inc.), Shipbuilding Contract (Scorpio Bulkers Inc.)
REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and acceptance thereof, and shall remove the VESSEL from the mooring quay of the SHIPYARD as soon as possible within three (3) business days after delivery and acceptance thereof is affectedeffected. If the BUYER shall not remove the VESSEL from the mooring quay of the SHIPYARD within the foresaid aforesaid three (3) business days, then, in such event, the BUYER shall pay to the BUILDER the reasonable mooring charges of the VESSEL.
Appears in 2 contracts
Samples: Shipbuilding Contract (Safe Bulkers, Inc.), Shipbuilding Contract (Safe Bulkers, Inc.)
REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and acceptance thereof, and shall remove the VESSEL from the mooring quay of the SHIPYARD or the place the VESSEL been delivered as soon as possible within three (3) days after delivery and acceptance thereof is affectedeffected. If the BUYER shall not remove the VESSEL from the SHIPYARD mooring quay within the foresaid aforesaid three (3) days, then, in such event, the BUYER shall pay to the BUILDER the reasonable mooring charges of the VESSEL.
Appears in 2 contracts
Samples: Shipbuilding Contract (Globus Maritime LTD), Shipbuilding Contract (Globus Maritime LTD)
REMOVAL OF THE VESSEL. The BUYER Buyer shall take possession of the VESSEL immediately upon the delivery and the acceptance thereof and shall remove the VESSEL from the SHIPYARD premises of the Shipyard within three (3) business days after the delivery and the acceptance thereof is affectedin effect. If the BUYER Buyer shall not remove the VESSEL from the SHIPYARD premises of the Shipyard within the foresaid three (3) days, the BUYER shall pay to the BUILDER the reasonable mooring charges of the VESSEL.aforesaid three
Appears in 2 contracts
Samples: Sale and Purchase Agreement, Sale and Purchase Agreement
REMOVAL OF THE VESSEL. The BUYER Buyer shall take possession of the VESSEL Vessel immediately upon delivery and acceptance thereof and shall remove the VESSEL Vessel from the SHIPYARD Shipyard within three (3) days after delivery and acceptance thereof is affectedeffected. If the BUYER Buyer shall not remove the VESSEL Vessel from the SHIPYARD Shipyard within the foresaid aforesaid three (3) days, the BUYER then, in such event Buyer shall pay to the BUILDER the Builder reasonable mooring charges of in accordance with Builder’s published rates in effect at the VESSELtime.
Appears in 1 contract
Samples: Contract for the Construction and Sale of a Vessel (Trico Marine Services Inc)
REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery and acceptance thereof and shall remove the VESSEL from the SHIPYARD premises of the Shipyard within three five (35) days after delivery and acceptance thereof is affectedcompleted. If the BUYER shall not remove the VESSEL from the SHIPYARD premises of the Shipyard within the foresaid three aforesaid five (35) days, then, in such event the BUYER shall pay to the BUILDER the reasonable mooring charges of the VESSEL.
Appears in 1 contract
REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery and acceptance thereof and shall remove the VESSEL from the SHIPYARD premises of the Shipyard within three (3) days after delivery and acceptance thereof is affectedcompleted. If the BUYER shall not remove the VESSEL from the SHIPYARD premises of the Shipyard within the foresaid aforesaid three (3) days, then, in such event the BUYER shall pay to the BUILDER the reasonable mooring charges of the VESSEL.
Appears in 1 contract
