Termination of Builder’s Obligation to Insure. The BUILDER’s obligation to insure the VESSEL hereunder shall cease and terminate forthwith upon delivery thereof and acceptance by the BUYER. (End of Article)
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Termination of Builder’s Obligation to Insure. The BUILDER’s obligation to insure the VESSEL hereunder shall cease and terminate forthwith upon delivery thereof and acceptance by the BUYER. (End of Article).
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Samples: Shipbuilding Contract (Tsakos Energy Navigation LTD)
Termination of Builder’s Obligation to Insure. 40 44 The BUILDER’s 's obligation to insure the VESSEL hereunder shall cease and terminate forthwith upon delivery thereof and acceptance by the BUYER. (End of Article).
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Samples: Santa Fe International Corp/
