Common use of DEFINITION OF BUILDER’S DEFAULT Clause in Contracts

DEFINITION OF BUILDER’S DEFAULT. The BUILDER shall be deemed to be in default of its obligations under this CONTRACT in the event of:

Appears in 6 contracts

Samples: Gener8 Maritime, Inc., Gener8 Maritime, Inc., Gener8 Maritime, Inc.

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DEFINITION OF BUILDER’S DEFAULT. The BUILDER Builder shall be deemed to be in default of its obligations under this CONTRACT in the event of:Contract if:-

Appears in 4 contracts

Samples: Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp)

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