Common use of Removal of Vessel Clause in Contracts

Removal of Vessel. The 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 the BUYER shall not remove the VESSEL from the premises of the Shipyard within the aforesaid Three (3) days, in such event, the BUYER shall pay to the BUILDER the reasonable mooring charges of the VESSEL. (End of Article)

Appears in 6 contracts

Samples: Construction and Sale (Danaos Corp), Construction and Sale (Danaos Corp), Construction and Sale (Danaos Corp)

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

Appears in 6 contracts

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

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

Appears in 4 contracts

Samples: Contract (Petroleum Geo Services Asa), Stolt Nielsen S A, Petroleum Geo Services Asa

Removal of Vessel. The BUYER Buyer shall take possession of the VESSEL Vessel immediately upon delivery Delivery and acceptance thereof Acceptance thereof, and shall remove the VESSEL 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 Buyer does not remove the VESSEL from the premises of the Shipyard Vessel within the aforesaid Three (3) days, in such eventsaid period, the BUYER Buyer shall pay to the BUILDER the reasonable mooring charges of for the VESSEL. Vessel for up to seven (End of Article)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.), Option Agreement (Lindblad Expeditions Holdings, Inc.), Option Agreement (Lindblad Expeditions Holdings, Inc.)

Removal of Vessel. The BUYER OWNER 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 Seven (37) days after delivery and acceptance thereof is effected. If the BUYER OWNER shall not remove the VESSEL from the premises of the Shipyard within the aforesaid Three Seven (37) days, in such event, the BUYER OWNER shall pay to the BUILDER the reasonable mooring charges of the VESSEL. (End of Article)

Appears in 2 contracts

Samples: R&b Falcon Corp, R&b Falcon Corp

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

Appears in 2 contracts

Samples: Stolt Nielsen S A, Stolt Nielsen S A

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Removal of Vessel. The BUYER Buyer shall take possession of the VESSEL Vessel immediately upon delivery Delivery and acceptance thereof Acceptance thereof, and shall remove the VESSEL 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 Buyer does not remove the VESSEL from the premises of the Shipyard Vessel within the aforesaid Three (3) days, in such eventsaid period, the BUYER Buyer shall thereafter pay to the BUILDER the Builder reasonable mooring charges of for the VESSEL. (End of Article)Vessel.

Appears in 1 contract

Samples: Draft Contract

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

Appears in 1 contract

Samples: Construction and Sale (Scorpio Bulkers Inc.)

Removal of Vessel. The 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 the BUYER shall not remove the VESSEL from the premises of the Shipyard within the aforesaid Three (3) days, in such event, the BUYER shall pay to the BUILDER the reasonable mooring charges of the VESSEL. (End of Article)) 31

Appears in 1 contract

Samples: www.dieselduck.info

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