OTHER CONTRACTUAL TERMS. If the Buyer exercises the option in writing within the time limits set out in clause 5 below, the Buyer and the Builder shall within seven (7) Working Days thereafter, enter into an effective and binding shipbuilding contract for the Optional Vessel(s). With the exception of the contract price and the delivery date, as per clause 1 and 2 above as well as other logical amendments, the terms and conditions of the shipbuilding contract for the Optional Vessel shall be identical to this Contract.
Appears in 2 contracts
Sources: Shipbuilding Contract (Lindblad Expeditions Holdings, Inc.), Shipbuilding Contract (Lindblad Expeditions Holdings, Inc.)