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

DEFINITION OF BUYER’S DEFAULT. The Buyer shall be deemed to be in default under this Contract in the following cases:

Appears in 4 contracts

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

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DEFINITION OF BUYER’S DEFAULT. The Buyer BUYER shall be deemed to be in default of its obligation under this the Contract in if any of the following casesevents occurs:

Appears in 3 contracts

Samples: Shipbuilding Contract (Paragon Shipping Inc.), Shipbuilding Contract (Paragon Shipping Inc.), Shipbuilding Contract (Paragon Shipping Inc.)

DEFINITION OF BUYER’S DEFAULT. The Buyer shall be deemed to be in default of performance of its obligations under this Contract in the following cases:

Appears in 2 contracts

Samples: Royal Caribbean Cruises LTD, Royal Caribbean Cruises LTD

DEFINITION OF BUYER’S DEFAULT. The Buyer BUYER shall be deemed to be in default of performance of its obligations under this Contract in the following cases:

Appears in 1 contract

Samples: Construction and Sale (Scorpio Bulkers Inc.)

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DEFINITION OF BUYER’S DEFAULT. (a) The Buyer BUYER shall be deemed to be in default under this Contract CONTRACT in any of the following cases:

Appears in 1 contract

Samples: Shipbuilding Contract (Scorpio Bulkers Inc.)

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