SECURITY FOR PAYMENT OF INSTALMENTS BEFORE DELIVERY. The BUYER shall, upon effectiveness of this Contract, deliver to the SELLER a Performance Guarantee in the form annexed hereto as Exhibit “A” in favour of the SELI ;ER issued by AEGEAN BUNKERING SERVICES INC. (hereinafter called the “Guarantor”). This guarantee shall secure all the Buyer’s obligations under the Contract.
Appears in 2 contracts
Samples: Shipbuilding Contract (Aegean Marine Petroleum Network Inc.), Shipbuilding Contract (Aegean Marine Petroleum Network Inc.)
SECURITY FOR PAYMENT OF INSTALMENTS BEFORE DELIVERY. The BUYER shall, upon effectiveness of this Contract, deliver to the SELLER a Performance Guarantee in the form annexed hereto as Exhibit “A” in favour of the SELI ;ER SELLER issued by AEGEAN BUNKERING SERVICES INC. (hereinafter called the “Guarantor”). This guarantee shall secure all the Buyer’s obligations under the Contract.
Appears in 1 contract
Samples: Shipbuilding Contract (Aegean Marine Petroleum Network Inc.)
SECURITY FOR PAYMENT OF INSTALMENTS BEFORE DELIVERY. The BUYER shall, upon effectiveness of this Contract, deliver to the SELLER a Performance Guarantee in the form annexed hereto as Exhibit “A” in favour of the SELI ;ER SELLER issued by AEGEAN BUNKERING SERVICES INC. SHIPPING MANAGEMENT S.A. (hereinafter called the “Guarantor”). This guarantee shall secure all the Buyer’s obligations under the Contract.
Appears in 1 contract
Samples: Shipbuilding Contract (Aegean Marine Petroleum Network Inc.)
