NATIONALITY OF THE VESSEL. The Vessel shall be registered by the Buyer at its own cost and expense under the laws of its home port of Xxxxxxxx Islands at the time of its delivery and acceptance hereunder. The Buyer retains the right to change the nationality of the vessel within one (1) month after signing of this Contract. Such a change shall not affect the classification of the Vessel nor adversely impact the Builders production schedule. The Buyer shall bear related costs, if any. (End of Article)
Appears in 4 contracts
Samples: Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp)
