Common use of EFFECT OF THE BUYER’S DEFAULT ON OR BEFORE THE DELIVERY OF THE VESSEL Clause in Contracts

EFFECT OF THE BUYER’S DEFAULT ON OR BEFORE THE DELIVERY OF THE VESSEL. If the BUYER shall be in default as provided in Paragraph 1 above of its obligations under this CONTRACT, then;

Appears in 22 contracts

Samples: Shipbuilding Contract (DHT Holdings, Inc.), Shipbuilding Contract (DHT Holdings, Inc.), Shipbuilding Contract (DHT Holdings, Inc.)

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EFFECT OF THE BUYER’S DEFAULT ON OR BEFORE THE DELIVERY OF THE VESSEL. If the BUYER shall be in default as provided in Paragraph 1 above of its obligations under this CONTRACT, then;:

Appears in 7 contracts

Samples: Shipbuilding Contract (Quintana Maritime LTD), Shipbuilding Contract (Tsakos Energy Navigation LTD), Shipbuilding Contract (Quintana Maritime LTD)

EFFECT OF THE BUYER’S DEFAULT ON OR BEFORE THE DELIVERY OF THE VESSEL. If the BUYER shall be in default as provided in Paragraph 1 1.(a) above of its obligations under this CONTRACT, then;

Appears in 4 contracts

Samples: Shipbuilding Contract (Seaspan CORP), Shipbuilding Contract (Seaspan CORP), Shipbuilding Contract (Seaspan CORP)

EFFECT OF THE BUYER’S DEFAULT ON OR BEFORE THE DELIVERY OF THE VESSEL. If the BUYER shall be in default as provided in Paragraph 1 above of its obligations under this CONTRACTabove, then;:

Appears in 1 contract

Samples: Shipbuilding Contract (Scorpio Bulkers Inc.)

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EFFECT OF THE BUYER’S DEFAULT ON OR BEFORE THE DELIVERY OF THE VESSEL. If the BUYER shall be in default as provided in Paragraph 1 above of its obligations under this CONTRACT, then;

Appears in 1 contract

Samples: Shipbuilding Contract (DHT Holdings, Inc.)

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