Termination of Builder’s Obligation to Insure. Builder’s obligations to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to Buyer.
Appears in 7 contracts
Samples: Shipbuilding Contract (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.)
Termination of Builder’s Obligation to Insure. Builder’s obligations The BUILDER's obligation to insure the Vessel VESSEL hereunder shall cease and terminate forthwith upon delivery thereof to Buyerand acceptance by the BUYER.
Appears in 4 contracts
Samples: Construction Contract (Santa Fe International Corp/), Contract for the Construction and Sale of a Jack Up Drilling Unit (Santa Fe International Corp/), Contract for the Construction and Sale of a Semi Submersible Drilling Unit (Santa Fe International Corp/)
Termination of Builder’s Obligation to Insure. The Builder’s obligations 's obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery and acceptance thereof to by the Buyer.
Appears in 2 contracts
Samples: Contract for Construction and Sale of Hull No. S 656 (Royal Caribbean Cruises LTD), Contract for Construction and Sale (Royal Caribbean Cruises LTD)
Termination of Builder’s Obligation to Insure. Builder’s obligations obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to and acceptance by the Buyer.
Appears in 1 contract
Samples: Contract for the Construction and Sale of a Vessel (Trico Marine Services Inc)
Termination of Builder’s Obligation to Insure. Builder’s obligations 's obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to BuyerDelivery thereof.
Appears in 1 contract
Samples: Vessel Construction Agreement (Great Lakes Dredge & Dock CORP)
Termination of Builder’s Obligation to Insure. Builder’s obligations obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to BuyerFinal Delivery.
Appears in 1 contract
Termination of Builder’s Obligation to Insure. The Builder’s obligations obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to Buyerand acceptance by the Owner.
Appears in 1 contract
