Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 7 contracts
Sources: Memorandum of Agreement (Mc Shipping Inc), Memorandum of Agreement for Sale and Purchase of Ships (StealthGas Inc.), Memorandum of Agreement (Top Tankers Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement Agreement: she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 4 contracts
Sources: Memorandum of Agreement (Box Ships Inc.), Memorandum of Agreement (Box Ships Inc.), Memorandum of Agreement (Box Ships Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 4 contracts
Sources: Memorandum of Agreement for Sale and Purchase of Ships (StealthGas Inc.), Memorandum of Agreement for Sale and Purchase of Ships (StealthGas Inc.), Memorandum of Agreement for Sale and Purchase of Ships (StealthGas Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* for six months by Class or the relevant authorities at the time of delivery.
Appears in 4 contracts
Sources: Memorandum of Agreement (Mc Shipping Inc), Memorandum of Agreement (Mc Shipping Inc), Memorandum of Agreement (Mc Shipping Inc)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 3 contracts
Sources: Memorandum of Agreement (StealthGas Inc.), Memorandum of Agreement (StealthGas Inc.), Memorandum of Agreement for Sale and Purchase of Ships (StealthGas Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* recommendation by Class or the relevant authorities at the time of delivery.
Appears in 3 contracts
Sources: Memorandum of Agreement for Sale and Purchase of Ships (General Maritime Corp / MI), Memorandum of Agreement for Sale and Purchase of Ships (General Maritime Corp / MI), Memorandum of Agreement for Sale and Purchase of Ships (General Maritime Corp / MI)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/condition/ recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/condition/ recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 3 contracts
Sources: Head Agreement (Oceanfreight Inc.), Sale and Purchase Agreement (Oceanfreight Inc.), Memorandum of Agreement for Sale and Purchase of Ships (Oceanfreight Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered free of cargo and free of stowaways with her class Class maintained without condition/condition/ recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/condition/ recommendation* by Class the Classification Society or the relevant authorities at the time of delivery.
Appears in 2 contracts
Sources: Memorandum of Agreement (Hemen Holding LTD), Memorandum of Agreement (Hemen Holding LTD)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' Seller’s risk and expense until she is delivered to the BuyersBuyer, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered free of cargo and free of stowaways with her class Class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* recommendation by Class the Classification Society or the relevant authorities at the time of delivery.
Appears in 2 contracts
Sources: Master Agreement (Pingtan Marine Enterprise Ltd.), Master Agreement (Pingtan Marine Enterprise Ltd.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* ' by Class or the relevant authorities at the time of delivery.
Appears in 2 contracts
Sources: Memorandum of Agreement (Top Tankers Inc.), Memorandum of Agreement (Top Tankers Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement contract, she shall be delivered and taken over "as is where she was is" at the time of inspection, delivery, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification clarification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/with condition / recommendation* by Class or the relevant authorities at the time of delivery.. "
Appears in 1 contract
Sources: Memorandum of Agreement (Seanergy Maritime Holdings Corp.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was is at the time of inspectioninspection delivery., fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Sources: Purchase Option Agreement (Exmar Energy Partners LP)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspectionthis Agreement, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, this Agreement valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement (General Maritime Ship Holdings LTD)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* ' by Class or the relevant authorities at the time of delivery.. "
Appears in 1 contract
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, class and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.. "
Appears in 1 contract
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and International/national certificatescertificates and surveys, as well as all other certificates the Vessel had at the time of agreement inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the for a minimum of 1 month from atthe time of delivery.
Appears in 1 contract
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she Agreement: She shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered free of cargo and free of stowaways with her class Class maintained without condition/condition/ recommendation*, free of average damage affecting the Vessel's vessel’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/condition/ recommendation* by Class the Classification Society or the relevant authorities at the time of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement (Seanergy Maritime Holdings Corp.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel is required to have at the time of delivery had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement Agreement: she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates certificate the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and International/national certificatescertificates and surveys, as well as all other certificates the Vessel had at the time of agreement inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities for a minimum of 1 month from at the time of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement for Sale and Purchase of Ships (Star Bulk Carriers Corp.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with all her classification certificates and national national/international certificates, as well as all other certificates the Vessel had at the time of inspection, clean, valid and unextended at the time of delivery of the vessels, with all continuos survey items completely up to date without extensions and without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement (Genco Shipping & Trading LTD)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers., but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national National/international certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* for a period of at least six (6) months by Class or the relevant authorities at the time of delivery.. “
Appears in 1 contract
Sources: Memorandum of Agreement (Teekay Offshore Partners L.P.)
Condition on delivery. The Vessel Each of the Vessels with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel Vessels shall be delivered with her class maintained without condition/recommendation*recommendationo, free of average damage affecting the Vessel's class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.. "
Appears in 1 contract
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificatesnational, statutory and international trading certificates under present flag, as well as all other certificates the Vessel had at the time of inspectioninspection clean, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement (Omega Navigation Enterprises, Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendationcondition of class /recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates certificates, International and national certificates, as well as all other certificates the Vessel had at the time of inspectioninspection clear, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery. Buyers acknowledges vessel is due IS/DD June 2007.
Appears in 1 contract
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her GL class fully maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.. All continuous survey cycles to be fully
Appears in 1 contract
Sources: Memorandum of Agreement for Sale and Purchase of Ships (Danaos Corp)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her GL class fully maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* ” by Class or the relevant authorities at the time of delivery.. All continuous survey cycles to be fully up to date at
Appears in 1 contract
Sources: Memorandum of Agreement for Sale and Purchase of Ships (Danaos Corp)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement for Sale and Purchase of Ships (StealthGas Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class fully maintained without condition/recommendation*, free of recommendations and average damage affecting the Vessel's clean class, and with her classification certificates and national National/International class certificates, as well as all other statutory certificates the Vessel had at the time of inspection, to be clean, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery. The Vessel to be delivered with all her continous survey cycles hull and machinery up to date on the date of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement (Excel Maritime Carriers LTD)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation** , free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel is required to have at the time of delivery had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement for Sale and Purchase of Ships (Cambridge Holdco, Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the BuyersBuyer, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspectiondelivery, fair wear and tear excepted. However, the Vessel shall be delivered free of cargo and free of stowaways with her class Class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspectiondelivery, valid and unextended without condition/recommendation* by Class the Classification Society or the relevant authorities at the time of delivery.
Appears in 1 contract
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered free of cargo and free of stowaways with her class Class maintained without condition/condition/ recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/condition/ recommendation* by Class the Classification Society or the relevant authorities at the time of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement (Seanergy Maritime Holdings Corp.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*”, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificatesnational, statutory and international trading certificates under present flag, as well as all other certificates the Vessel had at the time of inspectioninspection clean, valid and unextended without condition/recommendation* recommendation by Class or the relevant authorities at the time of delivery.
Appears in 1 contract
Sources: Sale Agreement (Omega Navigation Enterprises, Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's Vessels class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at for a period of 3 (three) months from the time of delivery.
Appears in 1 contract
Sources: Memorandum of Agreement for Sale and Purchase of Ships (Oceanfreight Inc.)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended unexpended without condition/recommendation* by Class or the relevant authorities for a minimum period of 6 months after at the time of delivery.
Appears in 1 contract
Sources: Charterparty (Gulfmark Offshore Inc)
Condition on delivery. The Vessel with everything belonging to her shall be at the Sellers' ’ risk and expense until she is delivered to the Buyers, but subject to the terms and conditions of this Agreement she shall be delivered and taken over as she was at the time of inspection, fair wear and tear excepted. However, the Vessel shall be delivered with her class maintained without condition/recommendation*, free of average damage affecting the Vessel's ’s class, and with her classification certificates and national certificates, as well as all other certificates the Vessel had at the time of inspection, valid and unextended without condition/recommendation* by Class or the relevant authorities at the time of delivery.. “
Appears in 1 contract
Sources: Memorandum of Agreement for Sale and Purchase of Ships (Navios Maritime Holdings Inc.)