Common use of ADJUSTMENT OF CONTRACT PRICE Clause in Contracts

ADJUSTMENT OF CONTRACT PRICE. Adjustment of the Contract Price, if any, in accordance with provisions of this Contract shall be made by way of addition to or subtraction from the Contract Price upon payment of the fifth instalment in the manner as hereinafter provided.

Appears in 2 contracts

Sources: Shipbuilding Contract (Scorpio Bulkers Inc.), Shipbuilding Contract (Scorpio Bulkers Inc.)

ADJUSTMENT OF CONTRACT PRICE. Adjustment of the Contract Price, if any, in accordance with provisions of this Contract shall be made by way of addition to or subtraction from the Contract Price final instalment due and payable upon payment delivery of the fifth instalment VESSEL in the manner as hereinafter provided.

Appears in 2 contracts

Sources: Shipbuilding Contract (Globus Maritime LTD), Shipbuilding Contract (Globus Maritime LTD)

ADJUSTMENT OF CONTRACT PRICE. Adjustment of the Contract Price, if any, in accordance with the provisions of this Contract shall be made by way of addition to or subtraction from the Contract Price instalment due and payable upon payment delivery of the fifth instalment Vessel in the manner as hereinafter provided.

Appears in 2 contracts

Sources: Ship Sales Contract (Safe Bulkers, Inc.), Ship Sales Contract (Safe Bulkers, Inc.)