Common use of Effect of Acceptance Clause in Contracts

Effect of Acceptance. The BUYER’s acceptance of the VESSEL in writing or by telefax notification sent to the SELLER, in accordance with the provisions set out above, shall be final and binding so far as conformity of the VESSEL to this Contract and the Specifications is concerned, and shall preclude the BUYER from refusing formal delivery by the SELLER of the VESSEL, as hereinafter provided, if the SELLER complies with all other procedures and requirements for delivery as hereinafter set forth.

Appears in 4 contracts

Samples: Form of Shipbuilding Contract (Aegean Marine Petroleum Network Inc.), Shipbuilding Contract (Aegean Marine Petroleum Network Inc.), Aegean Marine Petroleum Network Inc.

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Effect of Acceptance. The BUYER’s 's acceptance of the VESSEL in writing or by telefax written and xxxxfax notification sent to the SELLER, in accordance with the provisions set out above, shall be final and binding so far as conformity of the VESSEL to this Contract and the Specifications is concerned, and shall preclude the BUYER from refusing formal delivery by the SELLER of the VESSEL, as hereinafter provided, if the SELLER complies with all other procedures and procedural requirements for delivery as hereinafter set forth.

Appears in 3 contracts

Samples: Contract (TBS International LTD), Contract (TBS International LTD), Contract (TBS International LTD)

Effect of Acceptance. The BUYER’s 's acceptance of the VESSEL in writing or by telefax written and telxxxx notification sent to the SELLER, in accordance with the provisions set out above, shall be final and binding so far as conformity of the VESSEL to this Contract and the Specifications is concerned, and shall preclude the BUYER from refusing formal delivery by the SELLER of the VESSEL, as hereinafter provided, if the SELLER complies with all other procedures and procedural requirements for delivery as hereinafter set forth.

Appears in 2 contracts

Samples: Contract (TBS International LTD), Contract (TBS International LTD)

Effect of Acceptance. The BUYER’s 's acceptance of the VESSEL in writing or by written and telefax notification sent to the SELLER, in accordance with the provisions set out above, shall be final and binding so far as conformity of the VESSEL to this Contract and the Specifications is concerned, and shall preclude the BUYER from refusing formal delivery by the SELLER of the VESSEL, as hereinafter provided, if the SELLER complies with all other procedures and procedural requirements for delivery as hereinafter set forth.

Appears in 1 contract

Samples: Shipbuilding Contract (TBS International PLC)

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Effect of Acceptance. The BUYER’s acceptance of the VESSEL in writing or by telefax notification sent to the SELLER, in accordance with the provisions set out above, shall be final and binding so far as conformity of the VESSEL to this Contract and the Specifications is concerned, and shall preclude the BUYER from refusing formal delivery by the SELLER of the VESSEL, as hereinafter provided, if the SELLER complies with all other procedures and procedural requirements for delivery as hereinafter set forth. Shipbuilding Contract Hull No.

Appears in 1 contract

Samples: Shipbuilding Contract (Scorpio Bulkers Inc.)

Effect of Acceptance. The BUYER’s 's acceptance of the VESSEL in writing or by telefax written and txxxxxx notification sent to the SELLER, in accordance with the provisions set out above, shall be final and binding so far as conformity of the VESSEL to this Contract and the Specifications is concerned, and shall preclude the BUYER from refusing formal delivery by the SELLER of the VESSEL, as hereinafter provided, if the SELLER complies with all other procedures and procedural requirements for delivery as hereinafter set forth.

Appears in 1 contract

Samples: Contract (TBS International LTD)

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