Common use of Termination of Builder’s Obligation to Insure Clause in Contracts

Termination of Builder’s Obligation to Insure. The BUILDER shall be under no obligation to insure the VESSEL hereunder after delivery and acceptance of the VESSEL. (End of Article)

Appears in 11 contracts

Samples: Construction and Sale (Danaos Corp), Shipbuilding Contract (Danaos Corp), Shipbuilding Contract (Danaos Corp)

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Termination of Builder’s Obligation to Insure. The BUILDER shall be under no obligation to insure the VESSEL hereunder after delivery and acceptance of the VESSEL. (End of Article)

Appears in 4 contracts

Samples: Stolt Nielsen S A, Stolt Nielsen S A, R&b Falcon Corp

Termination of Builder’s Obligation to Insure. The BUILDER Builder shall be under no obligation to insure the VESSEL Vessel hereunder after physical delivery to and acceptance by the Buyer of the VESSELVessel. (End of Article)

Appears in 4 contracts

Samples: Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp), Shipbuilding Contract (Ardmore Shipping Corp)

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Termination of Builder’s Obligation to Insure. The BUILDER shall be under no obligation to insure the VESSEL hereunder after delivery and acceptance of the VESSEL. (End of Article)) 51

Appears in 1 contract

Samples: www.dieselduck.info

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