Common use of Responsibility of BUYER Clause in Contracts

Responsibility of BUYER. (a) Buyer shall, at its own risk, cost and expense, supply and deliver to Builder all of the items (including funnel xxxx, ship name and other information necessary for the timely construction of the Vessel) to be furnished by Buyer as set out in the specifications (“Buyer’s Supplies”) at warehouse or other storage of the Shipyard in good condition ready for installation or use in or on the Vessel, in accordance with the time schedule designated by Builder to meet the building schedule of the Vessel.

Appears in 6 contracts

Samples: Construction and Sale (Gener8 Maritime, Inc.), Shipbuilding Contract (Gener8 Maritime, Inc.), Construction and Sale (Gener8 Maritime, Inc.)

AutoNDA by SimpleDocs

Responsibility of BUYER. (a) The Buyer shall, at its own risk, cost and expense, supply and deliver to the Builder all of the items (including funnel xxxx, ship name and other information necessary for the timely construction of the Vessel) to be furnished by Buyer the Buyer, as set out specified in the specifications (“Buyer’s Supplies”) Specifications and as defined in Article I, at warehouse or other storage facility of the Shipyard Builder in good a proper condition ready for installation or use in or on the Vessel, in accordance with the time schedule designated and advised by the Builder to meet the building schedule of the VesselBuyer.

Appears in 4 contracts

Samples: Contract (Petroleum Geo Services Asa), Petroleum Geo Services Asa, Stolt Nielsen S A

Responsibility of BUYER. (a) The Buyer shall, at its own risk, cost and expense, supply and deliver to the Builder all of the items (including funnel xxxx, ship name and other information necessary for the timely construction of the Vessel) any item to be furnished by fitted on board the vessels. The Buyer as set out in the specifications (“Buyer’s Supplies”) shall arrange to deliver such material, at warehouse or other appropriated storage facility of the Shipyard Builder in good a proper condition ready for installation or use in or on the VesselVessels, in accordance with the time schedule designated and advised by the Builder to meet the building schedule of the VesselBuyer as agreed mutually.

Appears in 1 contract

Samples: Draft Contract

Responsibility of BUYER. (a) Buyer shall, at its own risk, cost and expense, supply and deliver to Builder all of the items (including including, funnel xxxx, ship name and other information necessary for the timely construction of the Vessel) to be furnished by Buyer as set out in the specifications (“Buyer’s Supplies”) at warehouse or other storage of the Shipyard in good condition ready for installation or use in or on the Vessel, in accordance with the time schedule designated by Builder to meet the building schedule of the Vessel.

Appears in 1 contract

Samples: Shipbuilding Contract (Gener8 Maritime, Inc.)

AutoNDA by SimpleDocs

Responsibility of BUYER. (a) Buyer shall, at its own risk, cost and expense, supply and deliver to Builder all of the items (including funnel xxxx, ship name and other information necessary for the timely construction of the Vessel) to be furnished by Buyer as set out specified in the specifications Specifications (herein called the “Buyer’s Supplies”) at warehouse or other storage of the Shipyard in good condition Shipyard, ready for installation or use in or on the Vessel, in accordance with the time schedule designated by Builder. Builder shall assist Buyer in obtaining export licenses, customs’ clearance, the payment of import duties and obtaining transportation from the port of import of Buyer’s Supplies to meet the building schedule of the VesselShipyard.

Appears in 1 contract

Samples: Shipbuilding Contract (Teekay LNG Finance Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.