Common use of TERMINATION OF THE SELLER’S OBLIGATION TO INSURE Clause in Contracts

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)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs

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

Samples: Shipbuilding Contract (Performance Shipping Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!