The Buyers shall inspect the Vessel without opening up and without cost to the Sellers. 40 During the inspection,the Vessel's deck and engine log books shall be made available for 41 examination by the Buyers.If the Vessel is accepted after such inspection,the sale shall 42 become outright and definite,subject only to the terms and conditions of this Agreement. 43 provided the Sellers receive written notice of acceptance from the Buyers within 72 hours 4 after completion of such inspection. 4 Should notice of acceptance of the Vessel's classification records and of the Vessel not be 4 received by the Sellers as aforesaid,the deposit together with interest earned shall be released immediately to the Buyers,whereafter this Agreement shall be null and void. 48 4a)and 4b)are alternatives;delete whichever is not applicable.In the absence of deletions 49 alternative 4a)to apply. 0 5. Notices,time and place of delivery 51 a)The Sellers shall keep the Buyers well informed of the Vessel's itinerary and shall 52 provide the Buyers with and days notice of the estimated time of arrival at the intended place of drydocking/underwater inspection/delivery.When the Vessel is at the place of delivery and in every respect physically ready for delivery.in accordance g with this Agreement,the Sellers shall give the Buyers a written Notice of Readiness for delivery. b)The Vessel shall be delivered and taken over safely afloat at a safe and accessible berth or 57 anchorage at/in 58 in the Sellers'option. 59 Expected time of delivery: 60 Date of cancelling (see Clauses 5 c),6 b)(iii)and 14): 61 c)If the Sellers anticipate that,notwithstanding the exercise of due diligence by them,the 62 Vessel will not be ready for delivery by the cancelling date they may notify the Buyers in 63 writing stating the date when they anticipate that the Vessel will be ready for delivery and 64 propose a new cancelling date.Upon receipt of such notification the Buyers shall have the option of either cancelling this Agreement in accordance with Clause 14 within 7 running 66 days of receipt of the notice or of accepting the new date as the new cancelling date.If the 6 Buyers have not declared their option within 7 running days of receipt of the Sellers' 68 notification or if the Buyers accept the new date.the date proposed in the Sellers'notification 69 shall be deemed to be the new cancelling date and shall be substituted for the cancelling 70 date stipulated in line 61 1 If this Agreement is maintained with the new cancelling date all other terms and conditions 72 hereof including those contained in Clauses 5 a)and 5 c)shall remain unaltered and in full 73 force and effect.Cancellation or failure to cancel shall be entirely without prejudice to any 74 claim for damages the Buyers may have under Clause 14 for the Vessel not being ready by 75 the original cancelling date. 7 d)Should the Vessel become an actual,constructive or compromised total loss before delivery 77 the deposit together with interest earned shall be released immediately to the Buyers 78 whereafter this Agreement shall be null and void. 79 6. Drydocking/Divers Inspection 80 a)**The Sellers shall place the Vessel in drydock at the port of delivery for inspection by the 81 Classification Society of the Vessel's underwater parts below the deepest load line,the 82 extent of the inspection being in accordance with the Classification Society's rules.If the 83 rudder,propeller, bottom or other underwater parts below the deepest load line are found 84 broken.damaged or defective so as to affect the Vessel's class.such defects shall be made 85 good at the Sellers'expense to the satisfaction of the Classification Society without 86 condition/recommendation* b)**(i)The Vessel is to be delivered without drydocking.However,the Buyers shall 88 have the right at their expense to arrange for an underwater inspection by a diver approved 9 by the Classification Society prior to the delivery of the Vessel.The Sellers shall at their % cost make the Vessel available for such inspection.The extent of the inspection and the 91 conditions under which it is performed shall be to the satisfaction of the Classification 9The Buyers shall inspect the Vessel without opening up and without cost to the Sellers. 40 During the inspection, the Vessel's deck and engine log books shall be made available for 41 examination by the Buyers. If the Vessel is accepted after such inspection, the sale shall 42 become outright and definite, subject only to the terms and conditions of this Agreement, 43 provided the Sellers receive written notice of acceptance from the Buyers within 72 hours 44 after completion of such inspection. 45 Should notice of acceptance of the Vessel's classification records and of the Vessel not be 46 received by the Sellers as aforesaid, the deposit together with interest earned shall be 47 released immediately to the Buyers, whereafter this Agreement shall be null and void. 48 * 4a) and 4b) are alternatives; delete whichever is not applicable. In the absence of deletions, 49 alternative 4a) to apply. 50 5. Notices, time and place of delivery 51 a) The Sellers shall keep the Buyers well informed of the Vessel's itinerary and shall 52 provide the Buyers with , , and days notice of the estimated time of arrival at the 53 intended place of drydocking/underwater inspection/delivery. When the Vessel is at the place 54 of delivery and in every respect physically ready for delivery in accordance with this 55 Agreement, the Sellers shall give the Buyers a written Notice of Readiness for delivery. 56 b) The Vessel shall be delivered and taken over safely afloat at a safe and accessible berth or 57 anchorage at/in 58 in the Sellers' option. 59 Expected time of delivery: 60 Date of cancelling (see Clauses 5 c), 6 b) (iii) and 14): 61 c) If the Sellers anticipate that, notwithstanding the exercise of due diligence by them, the 62 Vessel will not be ready for delivery by the cancelling date they may notify the Buyers in 63 writing stating the date when they anticipate that the Vessel will be ready for delivery and 64 propose a new cancelling date. Upon receipt of such notification the Buyers shall have the 65 option of either cancelling this Agreement in accordance with Clause 14 within 7 running 66 days of receipt of the notice or of accepting the new date as the new cancelling date. If the 67 Buyers have not declared their option within 7 running days of receipt of the Sellers' 68 notification or if the Buyers accept the new date, the date proposed in the Sellers' notification 69 shall be deemed to be the new cancelling date and shall be substituted for the cancelling 70 date stipulated in line 61. 71 If this Agreement is maintained with the new cancelling date all other terms and conditions 72 hereof including those contained in Clauses 5 a) and 5 c) shall remain unaltered and in full 73 force and effect. Cancellation or failure to cancel shall be entirely without prejudice to any 74 claim for damages the Buyers may have under Clause 14 for the Vessel not being ready by 75 the original cancelling date. 76 d) Should the Vessel become an actual, constructive or compromised total loss before delivery 77 the deposit together with interest earned shall be released immediately to the Buyers 78 whereafter this Agreement shall be null and void. 79 6. Drydocking/Divers Inspection 80 a)** The Sellers shall place the Vessel in drydock at the port of delivery for inspection by the 81 Classification Society of the Vessel's underwater parts below the deepest load line, the 82 extent of the inspection being in accordance with the Classification Society's rules. If the 83 rudder, propeller, bottom or other underwater parts below the deepest load line are found 84 broken, damaged or defective so as to affect the Vessel's class, such defects shall be made 85 good at the Sellers' expense to the satisfaction of the Classification Society without 86 condition/recommendation*. 87 b)** (i) The Vessel is to be delivered without drydocking. However, the Buyers shall 88 have the right at their expense to arrange for an underwater inspection by a diver approved 89 by the Classification Society prior to the delivery of the Vessel. The Sellers shall at their 90 cost make the Vessel available for such inspection. The extent of the inspection and the 91 conditions under which it is performed shall be to the satisfaction of the Classification 92