Total Loss. However, in the event that the VESSEL is determined to be an actual or constructive total loss, the BUILDER shall by the mutual agreement between the parties hereto, either:
Appears in 11 contracts
Samples: Shipbuilding Contract (Globus Maritime LTD), Shipbuilding Contract (Globus Maritime LTD), Shipbuilding Contract (Scorpio Bulkers Inc.)
Total Loss. However, in If the event that the VESSEL Vessel is determined to be an actual actual, constructive, arranged or constructive compromised total loss, the BUILDER Builder shall by the mutual agreement between the parties hereto, either:
Appears in 7 contracts
Samples: Shipbuilding Contract (Gener8 Maritime, Inc.), Construction and Sale (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.)
Total Loss. However, in the event that the VESSEL is determined to be an actual or constructive total loss, the BUILDER SELLERS shall by the mutual agreement between the parties hereto, either:
Appears in 3 contracts
Samples: Shipsale Contract (Globus Maritime LTD), Shipsale Contract (Globus Maritime LTD), Shipsale Contract (Globus Maritime LTD)
Total Loss. However, in the event that the VESSEL is determined to be an actual or constructive total loss, the BUILDER shall by the mutual agreement between the parties hereto, Parties hereto either:
Appears in 2 contracts
Samples: Shipbuilding Contract (Safe Bulkers, Inc.), Shipbuilding Contract (Safe Bulkers, Inc.)
Total Loss. However, However in the event that the VESSEL is shall be determined to be an actual or constructive total loss, the BUILDER Seller shall by the mutual agreement between the parties hereto, either:
Appears in 2 contracts
Samples: Sale and Purchase, Sale and Purchase
Total Loss. However, in In the event that the VESSEL Vessel is determined to be an actual or constructive total loss, the BUILDER Seller shall by the mutual agreement between the parties heretoparties, either:
Appears in 2 contracts
Samples: Vessel Purchase and Sale Agreement, Vessel Purchase and Sale Agreement
Total Loss. However, in the event that the VESSEL Vessel is determined to be an actual or constructive total loss, the BUILDER Builder shall by the mutual agreement between the parties hereto, either:
Appears in 1 contract
Total Loss. However, in the event that the VESSEL Vessel is determined to be an actual or constructive total loss, the BUILDER shall Builder shall, by the mutual agreement between the parties hereto, either:
Appears in 1 contract
Samples: Contract (Trico Marine Services Inc)
Total Loss. However, in the event that the VESSEL is determined to be an actual or constructive total loss, the BUILDER shall by shall, subject to the mutual agreement between the parties hereto, either:
Appears in 1 contract
Total Loss. However, in the event that the VESSEL Vessel is determined to be an actual or constructive total loss, the BUILDER Builder shall by the mutual agreement between the parties Parties hereto, either:
Appears in 1 contract
Total Loss. However, in the event that the VESSEL is determined to be an actual or constructive total loss, the SELLER shall cause the BUILDER shall by the mutual agreement between the parties hereto, either:
Appears in 1 contract
Total Loss. However, in In the event that the VESSEL is determined to be an actual or constructive total loss, the BUILDER shall by BUILDER, shall, at the mutual agreement between by the parties hereto, either:
Appears in 1 contract
Samples: Master Shipbuilding Contract (American Classic Voyages Co)
