Examples of Protocol of Delivery and Acceptance in a sentence
At the time of delivery the Buyers and Sellers shall sign and deliver to each other a Protocol of Delivery and Acceptance confirming the date and time of delivery of the Vessel from the Sellers to the Buyers.
Certified Copy of the Protocol of Delivery and Acceptance, duly executed by the Builder and the Borrower.
The place of closing: London In exchange for payment of the Purchase Price the Sellers shall furnish the Buyers with delivery documents, namely: See Clause 20 At the time of delivery the Buyers and Sellers shall sign and deliver to each other a Protocol of Delivery and Acceptance confirming the date and time of delivery of the Vessel from the Sellers to the Buyers.
The Purchase Price will be released by the Buyers or their financiers on delivery of the Vessel and upon signing of the Protocol of Delivery and Acceptance in relation thereto, but not later that 3 Banking days after the Vessel is in every respect physically ready for delivery in accordance with the terms and conditions of this Agreement and Notice of Readiness has been given in accordance with Clause 5.
The Final Installment shall be deposited with the Builder’s Bank by telegraphic transfer remittance at least three (3) Business Days prior to the scheduled Delivery of the Vessel notified by the Builder, with instructions that the said installment is payable to the Builder against presentation by the Builder to the Builder’s Bank of a duplicate original copy of the Protocol of Delivery and Acceptance of the Vessel signed by the Builder and the Buyer.