Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel’s class, and with her classification certificates and national and international certificates, as well as all other certificates the Vessel had at the time of signing this Agreement, valid and unextended for at least 4 months from the date of delivery without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 8 contracts
Samples: Baltic Trading LTD, Baltic Trading LTD, Genco Shipping & Trading LTD
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers’ ' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel’s 's class, and with her classification certificates and national national/international certificates and international certificatessurveys, as well as all other certificates the Vessel had at the time of signing this Agreementagreement, valid and unextended for at least 4 months from the date of delivery without condition/recommendation* recommendation by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.
Appears in 8 contracts
Samples: Memorandum of Agreement (Star Maritime Acquisition Corp.), Memorandum of Agreement (Star Maritime Acquisition Corp.), Memorandum of Agreement (Star Maritime Acquisition Corp.)