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), Contract (TBS International LTD), Contract (TBS International 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: Aegean Marine Petroleum Network Inc., 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 BUYER.Buyer thereof. (End of Article)
Appears in 2 contracts
Samples: Sale and Purchase, Sale and Purchase
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 2 contracts
Samples: Form of 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
