Common use of Makers List Clause in Contracts

Makers List. The parties agree that the Maker(s) selected for this Vessel shall be as listed in the maker’s list, except if the Maker(s) is not able to meet the delivery schedule or not available in the market. In such case, the SELLER shall be entitled to select alternative makers with prior consent of the Buyer, which consent shall not be unreasonably withheld. Date: 13th November, 2013 ARTICLE II ORIGINAL CONTRACT PRICE, CONTRACT PRICE & TERMS OF PAYMENT 1. ORIGINAL CONTRACT PRICE, CONTRACT PRICE The contract price of the VESSEL payable by the BUYER under this Contract is United States Dollars Twenty Eight Million Only (USD28,000,000.00 only), the price includes fees, costs and brokerage, other than the BUYER's Supplies as provided in ARTICLE V hereof and other specified expenses herein, (hereinafter referred to as the “Original Contract Price”), and shall be subject to upward or downward adjustment, if any, only as hereinafter set forth in this Contract. Such Original Contract Price together with all adjustment under the Contract, if any, shall be deemed to be the Contract Price. Remitting bank’s charges for transfer of funds to the SELLER in respect of payments under this ARTICLE II shall be for the account of the BUYER.