Common use of Responsibility of BUILDER Clause in Contracts

Responsibility of BUILDER. The BUILDER shall be responsible for storing and handling with reasonable care of the BUYER’s Supplies after delivery thereof at the Shipyard, and shall, at its own cost and expense, install them in or on the DRILLSHIP, unless otherwise provided herein or agreed by the parties hereto, provided, always, that the BUILDER shall not be responsible for quality, efficiency and/or performance of any of the BUYER’s Supplies. It will be the BUILDER’s responsibility to the BUYER to: (i) if applicable, assemble the BUYER’s Supplies; (ii) test the BUYER’s Supplies as necessary or appropriate; (iii) install the BUYER’s Supplies on the DRILLSHIP, in modules, as required, or otherwise as required, and to integrate the BUYER’s Supplies into the overall designed system of the DRILLSHIP. In no event will BUILDER charge any additional cost for any of the above. The BUILDER will perform above works under guidance of BUYER and the Vendors representative when required. Any rework involved due to no fault of the BUILDER shall be to BUYER’s cost and responsibility.

Appears in 2 contracts

Samples: Construction and Sale (DryShips Inc.), Construction and Sale (DryShips Inc.)

AutoNDA by SimpleDocs

Responsibility of BUILDER. The BUILDER shall be responsible for storing and handling with reasonable care of the BUYER’s 'S Supplies after delivery thereof at the Shipyard, and shall, at its own cost and expense, install them in or on the DRILLSHIP, unless otherwise provided herein or agreed by the parties hereto, provided, always, that the BUILDER shall not be responsible for quality, efficiency and/or performance of any of the BUYER’s 'S Supplies. It will be the BUILDER’s 'S responsibility to the BUYER to: (i) if applicable, assemble the BUYER’s 'S Supplies; (ii) test the BUYER’s 'S Supplies as necessary or appropriate; (iii) install the BUYER’s 'S Supplies on the DRILLSHIP, in modules, as required, or otherwise as required, and to integrate the BUYER’s 'S Supplies into the overall designed system of the DRILLSHIP. In no event will BUILDER charge any additional cost for any of the above. The BUILDER will perform above works under guidance of BUYER and the Vendors representative when required. Any rework involved due to no fault of the BUILDER shall be to BUYER’s 'S cost and responsibility.

Appears in 2 contracts

Samples: Construction and Sale (DryShips Inc.), Construction and Sale (DryShips Inc.)

AutoNDA by SimpleDocs

Responsibility of BUILDER. The BUILDER shall be responsible for storing and handling with reasonable care of the BUYER’s 's Supplies after delivery thereof at the Shipyard, and shall, at its own cost and expense, install them in or on the DRILLSHIP, unless otherwise provided herein or agreed by the parties hereto, provided, always, that the BUILDER shall not be responsible for quality, efficiency and/or performance of any of the BUYER’s 's Supplies. It will be the BUILDER’s 's responsibility to the BUYER to: (i) if applicable, assemble the BUYER’s 's Supplies; (ii) test the BUYER’s 's Supplies as necessary or appropriate; (iii) install the BUYER’s 's Supplies on the DRILLSHIP, in modules, as required, or otherwise as required, and to integrate the BUYER’s 's Supplies into the overall designed system of the DRILLSHIP. In no event will BUILDER charge any additional cost for any of the above. The BUILDER will perform above works under guidance of BUYER and the Vendors representative when required. Any rework involved due to no fault of the BUILDER shall be to BUYER’s 's cost and responsibility.

Appears in 1 contract

Samples: Contract (DryShips Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!