Shipbuilding Contract definition

Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;

Shipbuilding Contract shall have the meaning ascribed to such term in Section 3.1(pp).

Shipbuilding Contract means each of the Vessel A Shipbuilding Contract and the Vessel B Shipbuilding Contract and in the plural means both of them;

Examples of Shipbuilding Contract in a sentence

• In any circumstances, the BUILDER shall be entitled to proceed with the construction of the VESSEL even if there 21 / 82 Shipbuilding Contract Hull No. H2855 exists a discrepancy in the opinion between the BUYER and the SELLER, without however prejudice to the SELLER’s obligations under this CONTRACT or prejudice to the BUYER’s right for submitting the issue for determination by the Classification Society or arbitration in accordance with the provisions hereof.

• Shipbuilding Contract Hull No. H2855 The BUYER shall supply lubricating oil and hydraulic oil for the purpose of the Trial Run or re-Trial Run(s) at its own expenses and the SELLER will reimburse for the amount of lubricating oil and hydraulic oil actually consumed for the said Trial Run or re-Trial Run(s) at the original purchase price incurred by the BUYER and payment by the SELLER shall be effected as provided in Article II 3(f) and 4(f) of this CONTRACT.

• The 22 / 82 Shipbuilding Contract Hull No. H2855 BUILDER shall notify the Supervisor reasonably in advance of the date and place of all tests and inspections of or relating to the VESSEL, its machinery and equipment.

• The 22 / 82 Shipbuilding Contract Hull No. H2854 BUILDER shall notify the Supervisor reasonably in advance of the date and place of all tests and inspections of or relating to the VESSEL, its machinery and equipment.

More Definitions of Shipbuilding Contract

Shipbuilding Contract means each of the Vessel A Shipbuilding Contract, the Vessel B Shipbuilding Contract, the Vessel C Shipbuilding Contract, the Vessel D Shipbuilding Contract, the Vessel E Shipbuilding Contract and the Vessel F Shipbuilding Contract and in the plural means all of them;

Shipbuilding Contract means the turn key building contract between the Builder and the Owner dated as of 24 January 2008 (as may further be amended or supplemented from time to time) pursuant to which the Builder agreed to build and deliver the Vessel to the Owner.

Shipbuilding Contract has the meaning given in Recital (A);

Shipbuilding Contract means the shipbuilding contract dated 7 April 2006 as amended and supplemented by a side letter and a supplemental agreement no. 1 each dated 7 April 2006, each entered into between the Borrower and the Builder in relation to the Ship;

Shipbuilding Contract means the Shipbuilding Contract dated 9th May 2007 in respect of the Vessel, being attached hereto as Appendix I. ‘Specifications’ means the Specifications as described in the Shipbuilding Contract.

Shipbuilding Contract means the shipbuilding contract made between the Builder and Kambara Kisen Co., Ltd. (“Kambara”) as transferred by means of a nomination to Chijin Shipping S.A. of 53rd Street, Urbanizacion Obarrio, Torre Bancosur, Panama City, Republic of Panama (the “Intermediate Seller”) in relation to the construction of the Vessel by the Builder for delivery and sale to the Intermediate Seller.

Shipbuilding Contract means, in relation to Ship A, the shipbuilding contract dated 24 February 2007 made between the Seller and Borrower A in respect of such Ship, in relation to Ship B, the shipbuilding contract dated 24 February 2007 made between the Seller and Borrower B in respect of such Ship, in relation to Ship C, the shipbuilding contract dated 24 February 2007 made between the Seller and Borrower C in respect of such Ship, in relation to Ship D, the shipbuilding contract dated 24 February 2007 made between the Seller and Borrower D in respect of such Ship, in relation to Ship E, the shipbuilding contract dated 24 February 2007 made between the Seller and Borrower E in respect of such Ship, in relation to Ship F, the shipbuilding contract dated 24 February 2007 made between the Seller and Borrower F in respect of such Ship and, in each case, as supplemented by the Overall Agreement;