Condition of the Vessel. Without prejudice to Section 5, the Seller shall bear no liability, direct or indirect, for the condition of the Vessel. Without prejudice to Section 5, the Seller shall not be liable for any delays in the delivery of the Vessel to the Vessel Owning Subsidiary or any breach of the provisions of the Memorandum of Agreement by Heroic, including without limitation any direct or indirect damages caused by (a) the failure of Heroic to deliver the Vessel to the Vessel Owning Subsidiary or (b) delays in Universal’s delivery of the Vessel.
Appears in 2 contracts
Sources: Share Purchase Agreement (Crude Carriers Corp.), Share Purchase Agreement (Crude Carriers Corp.)