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: Aegean Marine Petroleum Network Inc., 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: Form of 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.)
