Protocol of Delivery and Acceptance definition

Protocol of Delivery and Acceptance means the protocol of delivery and acceptance of the Vessel to be signed by the Borrower and the Builder in accordance with article 7, clause 1.3(i) of the Building Contract.

Protocol of Delivery and Acceptance means the Protocol to be executed by the Builder and the Owner on delivery of the Vessel as referred to in Article 3 and 7.

Protocol of Delivery and Acceptance means, in relation to any Additional Ship, the protocol of delivery and acceptance to be signed by or on behalf of the relevant Seller and the relevant Owner as buyer of such Ship evidencing the delivery and acceptance of such Ship pursuant to the relevant Contract, such protocol to be in a form satisfactory to the Bank;

Examples of Protocol of Delivery and Acceptance in a sentence

• Unless otherwise agreed by the Sellers and the Buyers, on delivery date, the [Protocol of Delivery and Acceptance] evidencing the delivery under this Agreement shall be executed by the Sellers and the Buyers.

• A true copy of the [Protocol of Delivery and Acceptance], signed by the Buyers and the Sellers on delivery, shall be provided by the Sellers and presented to the Escrow Agent who shall release the balance of the Purchase Price and all other sums payable upon such receipt within three (3) Banking Days together with the Deposit to the Sellers’ Account.

• Performance of the job shall be confirmed in a respective Protocol of Delivery and Acceptance signed by representatives of both Parties.

• A Protocol of Delivery and Acceptance shall include all possible reservations of the Buyer, faults and defects as well as an expected deadline for removal thereof by the Supplier.

• China therefore proposed an arrangement under which the North Ocean and West Ocean should be removed from the CP-IUU Vessel List within 10 working days once China informed the Commission via a Commission Circular that the vessels had been sold to the Insung Corporation of Korea and provided copies of the Bill of Sale, Commercial Invoice and the Protocol of Delivery and Acceptance.

More Definitions of Protocol of Delivery and Acceptance

Protocol of Delivery and Acceptance means the protocol of delivery and acceptance of the Ship to be signed by the Borrower and the Builder in accordance with Article 8 of the Shipbuilding Contract.

Protocol of Delivery and Acceptance has the meaning given to such term in the Shipbuilding Contract.

Protocol of Delivery and Acceptance means a protocol of ----------------------------------- delivery and acceptance to be executed by Charterer on the Delivery Date.

Protocol of Delivery and Acceptance means the protocol of delivery and acceptance in relation to the Vessel in form and substance acceptable to the Owners, the Charterers and the Mortgagee;

Protocol of Delivery and Acceptance means the protocol of delivery and acceptance to be signed by the Sellers and the Buyers substantially in the form and substance set out in “Appendix A”;

Protocol of Delivery and Acceptance has the meaning set forth in Section 10.6.

Protocol of Delivery and Acceptance means the protocol of delivery and acceptance in relation to the Ship in the form of Schedule 3;