Common use of Buyers’ representatives Clause in Contracts

Buyers’ representatives. After this Agreement has been signed by the Parties and the Deposit has been lodged, the Buyers have the right to place two (2) representatives on board the Vessel at their sole risk and expense. These representatives are on board for the purpose of familiarisation and in the capacity of observers only, and they shall not interfere in any respect with the operation of the Vessel. The Buyers and the Buyers' representatives shall sign the Sellers' P&L Club's standard letter of indemnity prior to their embarkation. Sellers and Buyers shall mutually and in good faith decide when and where the Buyers can place their representatives at the first opportunity and at a convenient port of embarkation on board the Vessel without disrupting the safety, operation and operation of the Vessel. Buyers' representatives to be allowed to use the Vessel's communication equipment.

Appears in 4 contracts

Samples: Memorandum of Agreement (Euronav NV), Memorandum of Agreement (Euronav NV), Memorandum of Agreement (Euronav NV)

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