Common use of REMOVAL OF THE VESSEL Clause in Contracts

REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and shall remove the VESSEL from the SHIPYARD within three (3) days after delivery thereof is effected. Port dues and other charges levied by the Korean Government Authorities after delivery of the VESSEL and any other costs related to the removal of the VESSEL shall be borne by the BUYER. (End of Article)

Appears in 11 contracts

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

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REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and shall remove the VESSEL from the SHIPYARD within three (3) days after delivery thereof is effected. Port dues and other charges levied by the Korean Government Authorities after delivery of the VESSEL and any other costs related to the removal of the VESSEL shall be borne by the BUYER. (End of Article).

Appears in 4 contracts

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

REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and shall remove the VESSEL from the SHIPYARD within three four (34) days after delivery and acceptance thereof is effected. Port dues and other charges levied by the Korean Government Authorities after delivery of the VESSEL and any other costs related to the removal of the VESSEL shall be borne by the BUYER. (End of Article)

Appears in 2 contracts

Samples: Shipbuilding Contract (Alma Maritime LTD), Shipbuilding Contract (Alma Maritime LTD)

REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and shall remove the VESSEL from the SHIPYARD within three (3) days after delivery thereof is effected. Port dues and other charges levied by the Korean Government Authorities after delivery of the VESSEL and any other costs related to the removal of the VESSEL shall be borne by the BUYER. (End of Article)) Hull 2749

Appears in 2 contracts

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

REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and shall remove the VESSEL from the SHIPYARD within three (3) days after delivery thereof is effected. Port dues and other charges levied by the Korean Government Authorities after delivery of the VESSEL and any other costs related to the removal of the VESSEL shall be borne by the BUYER, unless prevented from doing so by any circumstances beyond BUYER's reasonable control, then, in such event, the BUYER shall pay to the BUILDER the reasonable moving and mooring charges of the VESSEL. (End of Article)

Appears in 2 contracts

Samples: Capital Maritime & Trading Corp., Capital Maritime & Trading Corp.

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REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and shall remove the VESSEL from the SHIPYARD within three (3) days after delivery thereof is effected. Port dues and other charges levied by the Korean Government Authorities after delivery of the VESSEL and any other costs related to the removal of the VESSEL shall be borne by the BUYER. (End of Article)) Hull 2748

Appears in 2 contracts

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

REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and shall remove the VESSEL from the SHIPYARD within three (3) days after delivery thereof is effected. Port dues and other charges levied by the Korean Government Authorities after delivery of the VESSEL and any other costs related to the removal of the VESSEL shall be borne by the BUYER. (End of Article) ARTICLE VIII - DELAYS AND EXTENSIONS OF TIME (FORCE MAJEURE)

Appears in 1 contract

Samples: Shipbuilding Contract (Knightsbridge Tankers LTD)

REMOVAL OF THE VESSEL. The BUYER shall take possession of the VESSEL immediately upon delivery thereof and shall remove the VESSEL from the SHIPYARD within three Three (3) days after delivery thereof is effected. Port dues and other charges levied by the Korean Government Authorities authorities after delivery of the VESSEL and any other costs related to the removal of the VESSEL shall be borne by the BUYER. (End of Article)

Appears in 1 contract

Samples: Shipbuilding Contract (Excelerate Energy, Inc.)

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