Common use of Removal of Vessel Clause in Contracts

Removal of Vessel. Buyer shall take possession of the Vessel immediately upon delivery and acceptance thereof and shall remove the Vessel from the premises of the Shipyard within three (3) days after delivery and acceptance thereof is effected. If Buyer shall not remove the Vessel from the premises of the Shipyard within the aforesaid three (3) days, then, in such event Buyer shall pay to Builder reasonable mooring charges for the Vessel.

Appears in 6 contracts

Samples: Shipbuilding Contract (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.)

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Removal of Vessel. Buyer The BUYER shall take possession of the Vessel VESSEL immediately upon delivery and acceptance thereof and shall remove the Vessel VESSEL from the premises of the Shipyard within three Three (3) days after delivery and acceptance thereof is effected. If Buyer the BUYER shall not remove the Vessel VESSEL from the premises of the Shipyard within the aforesaid three Three (3) days, then, in such event Buyer event, the BUYER shall pay to Builder the BUILDER the reasonable mooring charges for of the Vessel.VESSEL. (End of Article)

Appears in 6 contracts

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

Removal of Vessel. The Buyer shall take possession of the Vessel immediately upon delivery Delivery and acceptance thereof Acceptance thereof, and shall remove the Vessel from the premises of the Shipyard Builder within three (3) days after delivery the Delivery and acceptance thereof is effectedAcceptance as aforesaid. If the Buyer shall does not remove the Vessel from the premises of the Shipyard within the aforesaid three (3) dayssaid period, then, in such event the Buyer shall thereafter pay to the Builder reasonable mooring charges for the Vessel.

Appears in 4 contracts

Samples: Shipbuilding Contract (Petroleum Geo Services Asa), Shipbuilding and Construction Agreement (Stolt Nielsen S A), Shipbuilding Contract (Petroleum Geo Services Asa)

Removal of Vessel. Buyer The BUYER shall take possession of the Vessel VESSEL immediately upon delivery and acceptance thereof and shall remove the Vessel VESSEL from the premises of the Shipyard within three ten (310) days after delivery and acceptance thereof is effected. If Buyer the BUYER shall not remove the Vessel VESSEL from the premises of the Shipyard within the aforesaid three ten (310) days, then, in such event Buyer event, the BUYER shall pay to Builder the SELLER the reasonable mooring charges for of the VesselVESSEL.

Appears in 4 contracts

Samples: Ship Building Contract (Seaspan CORP), Ship Building Contract (Seaspan CORP), Ship Building Contract (Seaspan CORP)

Removal of Vessel. The Buyer shall take possession of the Vessel immediately upon delivery Delivery and acceptance thereof Acceptance thereof, and shall remove the Vessel from the premises of the Shipyard Builder within three five (35) days after delivery the Delivery and acceptance thereof is effectedAcceptance as aforesaid. If the Buyer shall does not remove the Vessel from the premises of the Shipyard within the aforesaid three (3) dayssaid period, then, in such event the Buyer shall pay to Builder reasonable mooring charges for the VesselVessel for up to seven (7) days and shall thereafter compensate the Builder for all losses and expenses arising in addition to mooring charges.

Appears in 3 contracts

Samples: Shipbuilding Contract (Lindblad Expeditions Holdings, Inc.), Shipbuilding Contract (Lindblad Expeditions Holdings, Inc.), Shipbuilding Contract (Lindblad Expeditions Holdings, Inc.)

Removal of Vessel. Buyer The BUYER shall take possession of the Vessel VESSEL immediately upon delivery and acceptance thereof and shall remove the Vessel VESSEL from the premises of the Shipyard within three (3) days after delivery and acceptance thereof is effected. If Buyer the BUYER shall not remove the Vessel VESSEL from the premises of the Shipyard within the aforesaid three (3) days, then, in such event Buyer the BUYER shall pay to Builder the SELLERS the reasonable mooring charges for of the VesselVESSEL. But the BUYER shall be obliged to remove the VESSEL from the Shipyard within ten (10) days after the delivery and acceptance thereof.

Appears in 3 contracts

Samples: Ship Sale Contract (Globus Maritime LTD), Ship Sale Contract (Globus Maritime LTD), Ship Sale Contract (Globus Maritime LTD)

Removal of Vessel. Buyer The OWNER shall take possession of the Vessel VESSEL immediately upon delivery and acceptance thereof and shall remove the Vessel VESSEL from the premises of the Shipyard within three Seven (37) days after delivery and acceptance thereof is effected. If Buyer the OWNER shall not remove the Vessel VESSEL from the premises of the Shipyard within the aforesaid three Seven (37) days, then, in such event Buyer event, the OWNER shall pay to Builder the BUILDER the reasonable mooring charges for of the Vessel.VESSEL. (End of Article)

Appears in 2 contracts

Samples: Contract for Construction and Sale of Vessel (R&b Falcon Corp), Construction Contract (R&b Falcon Corp)

Removal of Vessel. Buyer The BUYER shall take possession of the Vessel VESSEL immediately upon delivery and acceptance thereof and shall remove the Vessel VESSEL from the premises of the Shipyard within three (3Three(3) days after delivery and acceptance thereof is effected. If Buyer the BUYER shall not remove the Vessel VESSEL from the premises of the Shipyard within the aforesaid three (3Three(3) days, then, in such event Buyer event, the BUYER shall pay to Builder the BUILDER the reasonable mooring charges for of the VesselVESSEL.

Appears in 2 contracts

Samples: Shipbuilding and Construction Agreement (Stolt Nielsen S A), Shipbuilding and Construction Agreement (Stolt Nielsen S A)

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Removal of Vessel. Buyer shall take possession of the Vessel immediately upon delivery and acceptance thereof and shall remove the Vessel from the premises of the Shipyard within three (3) days after delivery and acceptance thereof is effected. If Buyer shall not remove the Vessel from the premises of the Shipyard within the aforesaid three (3) days, . then, in such event Buyer shall pay to Builder reasonable mooring charges for the Vessel.

Appears in 1 contract

Samples: Shipbuilding Contract (Scorpio Bulkers Inc.)

Removal of Vessel. Buyer The BUYER shall take possession of the Vessel VESSEL immediately upon delivery and acceptance thereof and shall remove the Vessel VESSEL from the premises of the Shipyard within three (3) days after delivery and acceptance thereof is effected. If Buyer the BUYER shall not remove the Vessel VESSEL from the premises of the Shipyard within the aforesaid three (3) days, then, in such event Buyer the BUYER shall pay to Builder the SELLER or the BUILDER the reasonable mooring charges for of the VesselVESSEL. But the BUYER shall be obliged to remove the VESSEL from the Shipyard within ten (10) days after the delivery and acceptance thereof.

Appears in 1 contract

Samples: Ship Sales Contract (Scorpio Bulkers Inc.)

Removal of Vessel. The Buyer shall take possession of the Vessel immediately upon delivery Delivery and acceptance thereof Acceptance thereof, and shall remove the Vessel from the premises of the Shipyard Builder within three ten (310) days after delivery the Delivery and acceptance thereof is effectedAcceptance as aforesaid. If the Buyer shall does not remove the Vessel from the premises of the Shipyard within the aforesaid three (3) dayssaid period, then, in such event the Buyer shall thereafter pay to the Builder reasonable mooring charges for the Vessel.

Appears in 1 contract

Samples: Shipbuilding Contract

Removal of Vessel. Buyer The BUYER shall take possession of the Vessel VESSEL immediately upon delivery and acceptance thereof and shall remove the Vessel VESSEL from the premises of the Shipyard within three Three (3) days after delivery and acceptance thereof is effected. If Buyer the BUYER shall not remove the Vessel VESSEL from the premises of the Shipyard within the aforesaid three Three (3) days, then, in such event Buyer event, the BUYER shall pay to Builder the BUILDER the reasonable mooring charges for of the Vessel.VESSEL. (End of Article) 31

Appears in 1 contract

Samples: Construction Contract

Removal of Vessel. Buyer The BUYER shall take possession of the Vessel VESSEL immediately upon delivery and acceptance thereof and shall shall, at its own risk, cost and expense, remove the Vessel VESSEL from the premises of the Shipyard SHIPYARD within three (3) days BUSINESS DAYS after delivery and acceptance thereof is effected. If Buyer the BUYER shall not remove the Vessel VESSEL from the premises of the Shipyard SHIPYARD within the aforesaid three (3) daysBUSINESS DAYS, then, in such event Buyer the BUYER shall pay to Builder the SELLER the reasonable mooring charges for of the VesselVESSEL.

Appears in 1 contract

Samples: Ship Sales Contract (Scorpio Bulkers Inc.)

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