Common use of RESPONSIBILITY  AFTER  DELIVERY Clause in Contracts

RESPONSIBILITY  AFTER  DELIVERY. On delivery of the Ship to ATL, every responsibility for the safety and for the use of the Ship is transferred to ATL, remaining on FINC only the guarantee obligations set forth in Article 24. hereof.

Appears in 4 contracts

Samples: Shipbuilding Contract (Iii to I Maritime Partners Cayman I Lp), Shipbuilding Contract (Iii to I Maritime Partners Cayman I Lp), Shipbuilding Contract (Iii to I Maritime Partners Cayman I Lp)

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RESPONSIBILITY  AFTER  DELIVERY. On delivery of the Ship to ATL-BALT, every responsibility for the safety and for the use of the Ship is transferred to ATL-BALT, remaining on FINC only the guarantee obligations set forth in Article 24. hereof.

Appears in 2 contracts

Samples: Shipbuilding Contract (Iii to I Maritime Partners Cayman I Lp), Shipbuilding Contract (Iii to I Maritime Partners Cayman I Lp)

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RESPONSIBILITY  AFTER  DELIVERY. On delivery of the Ship to ATL-XXXXX, every responsibility for the safety and for the use of the Ship is transferred to ATL-XXXXX, remaining on FINC only the guarantee obligations set forth in Article 24. hereof.

Appears in 2 contracts

Samples: Shipbuilding Contract (Iii to I Maritime Partners Cayman I Lp), Shipbuilding Contract (Iii to I Maritime Partners Cayman I Lp)

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