TERMINATION OF THE SELLER’S OBLIGATION TO INSURE. The SELLER's obligation to insure the VESSEL hereunder shall cease and terminate forthwith upon delivery thereof to, and acceptance by, the BUYER.
Appears in 7 contracts
Samples: Shipbuilding Contract (TBS International PLC), Shipbuilding Contract (TBS International LTD), Shipbuilding Contract (TBS International LTD)
TERMINATION OF THE SELLER’S OBLIGATION TO INSURE. The SELLER's ’s obligation to insure the VESSEL hereunder shall cease and terminate forthwith upon delivery thereof to, to and acceptance by, by the BUYER.
Appears in 3 contracts
Samples: Shipbuilding Contract (Scorpio Bulkers Inc.), Shipbuilding Contract (Aegean Marine Petroleum Network Inc.), Shipbuilding Contract (Aegean Marine Petroleum Network Inc.)
TERMINATION OF THE SELLER’S OBLIGATION TO INSURE. The SELLER's Seller’s obligation to insure the VESSEL hereunder shall cease and terminate forthwith upon the delivery thereof to, and the acceptance by, by the BUYERBuyer thereof.
Appears in 2 contracts
Samples: Sale and Purchase Agreement, Sale and Purchase Agreement
TERMINATION OF THE SELLER’S OBLIGATION TO INSURE. The SELLER's obligation to insure the VESSEL hereunder shall cease and terminate forthwith upon delivery thereof to, to and acceptance by, by the BUYER.. Date: 13th November, 2013
Appears in 2 contracts
Samples: Shipbuilding Contract (Baltic Trading LTD), Shipbuilding Contract (Baltic Trading LTD)
TERMINATION OF THE SELLER’S OBLIGATION TO INSURE. The SELLER's ’S obligation to insure the VESSEL VESSEL, hereunder shall cease and terminate forthwith upon delivery thereof to, to and acceptance by, by the BUYER.
Appears in 2 contracts
Samples: Shipbuilding Contract (Aegean Marine Petroleum Network Inc.), Shipbuilding Contract (Aegean Marine Petroleum Network Inc.)
TERMINATION OF THE SELLER’S OBLIGATION TO INSURE. The SELLER's obligation to insure the VESSEL hereunder shall cease and terminate forthwith upon delivery thereof to, to and acceptance by, by the BUYER.
Appears in 1 contract