Common use of Supervision during construction Clause in Contracts

Supervision during construction. Attendance at sea trials. In order to secure delivery of the Vessel in accordance with the Shipbuilding Contract, the Sellers shall perform all normal shipbuilding supervision functions (including but not limited to review and approval of schedule, plans and drawings, and inspection throughout the entire period of construction) as required under the Shipbuilding Contract. The Sellers shall perform the shipbuilding supervision functions as if the Sellers were going to be the ultimate owner of the Vessel. The Buyers have the right to have one representative at its own risk and expense included in the inspection team on site. The Buyers have the right to attend sea trials for familiarisation purposes and for acknowledging the sea trial results. The Sellers shall give the Buyers due notice of the trials.

Appears in 5 contracts

Samples: www.sec.gov, Memorandum of Agreement (Nordic American Offshore Ltd.), Memorandum of Agreement (Nordic American Offshore Ltd.)

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