Upon Delivery of the Vessel by the Owner to the Contractor Sample Clauses

Upon Delivery of the Vessel by the Owner to the Contractor the Owner shall execute a declaration that ownership of the Vessel vests in the Owner or the Original Owner and the Vessel is free and clear of all mortgages, liens, charges, encumbrances and other claims whatsoever, and shall undertake, at its cost and expense, to maintain such status of the Vessel until Vessel Leaving The Yard (other than a mortgage (or security interest) in favour of the Owner’s credit providers to be duly notified to the Contractor).
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Upon Delivery of the Vessel by the Owner to the Contractor the Owner shall execute a declaration that the Vessel is free and clear of all mortgages, liens, charges, encumbrances and other claims whatsoever (other than those in favour of the Contractor), and shall undertake, at its cost and expense, to maintain such status of the Vessel until Vessel Leaving The Yard.
Sample 1

Related to Upon Delivery of the Vessel by the Owner to the Contractor

  • Delivery by the Company At the Closing, the Company shall register the Shares in the name of the Employee. Certificates relating to the Shares shall be held by the Secretary of the Company or his designee on behalf of the Employee.

  • Deliveries by the Purchaser At the Closing, the Purchaser shall deliver, or cause to be delivered, to the Company the following:

  • Deliveries by the Seller At the Closing, the Seller shall deliver, or cause to be delivered, to the Buyer the following:

  • Deliveries by the Sellers At the Closing, the Sellers will deliver the following to the Buyer:

  • Deliveries by the Buyer At the Closing, the Buyer shall deliver, or cause to be delivered, to the Seller the following:

  • Deliveries by the Company At the Closing, the Company shall deliver to the Buyer the following:

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