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.
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)