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 Builder within five (5) days after the Delivery and Acceptance as aforesaid. If the Buyer does not remove the Vessel within the said period, the Buyer shall pay reasonable mooring charges for the Vessel for up to seven (7) days and shall thereafter compensate the Builder for all losses and expenses arising in addition to mooring charges.

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 Builder within five ten (510) days after the Delivery and Acceptance as aforesaid. If the Buyer does not remove the Vessel within the said period, the Buyer shall thereafter pay to the Builder reasonable mooring charges for the Vessel for up to seven (7) days and shall thereafter compensate the Builder for all losses and expenses arising in addition to mooring chargesVessel.

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 Builder Shipyard within five three (53) days after the Delivery delivery and Acceptance as aforesaidacceptance thereof is effected. If the Buyer does shall not remove the Vessel from the premises of the Shipyard within the said periodaforesaid three (3) days. then, the in such event Buyer shall pay to Builder reasonable mooring charges for the Vessel for up to seven (7) days and shall thereafter compensate the Builder for all losses and expenses arising in addition to mooring chargesVessel.