Termination of Builder’s Obligation to Insure. Builder’s obligations to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to Buyer.
Appears in 7 contracts
Samples: Shipbuilding Contract (Gener8 Maritime, Inc.), Construction and Sale (Gener8 Maritime, Inc.), Construction and Sale (Gener8 Maritime, Inc.)
Termination of Builder’s Obligation to Insure. Builder’s obligations The BUILDER's obligation to insure the Vessel VESSEL hereunder shall cease and terminate forthwith upon delivery thereof to Buyerand acceptance by the BUYER.
Appears in 3 contracts
Samples: Agreement (Santa Fe International Corp/), Performance Guarantee Agreement (Santa Fe International Corp/), Performance Guarantee Agreement (Santa Fe International Corp/)
Termination of Builder’s Obligation to Insure. The Builder’s obligations 's obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery and acceptance thereof to by the Buyer.
Appears in 2 contracts
Samples: Royal Caribbean Cruises LTD, Royal Caribbean Cruises LTD
Termination of Builder’s Obligation to Insure. Builder’s obligations obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to Buyer.Final Delivery. (End of Clause)
Appears in 1 contract
Termination of Builder’s Obligation to Insure. Builder’s obligations 's obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to BuyerDelivery thereof.
Appears in 1 contract
Samples: Vessel Construction Agreement (Great Lakes Dredge & Dock CORP)
Termination of Builder’s Obligation to Insure. The Builder’s obligations obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to Buyerand acceptance by the Owner.
Appears in 1 contract
Termination of Builder’s Obligation to Insure. Builder’s obligations obligation to insure the Vessel hereunder shall cease and terminate forthwith upon delivery thereof to and acceptance by the Buyer.
Appears in 1 contract
Samples: Contract (Trico Marine Services Inc)