ABSTRACT
Clause 19 of Shipsale 22 covers two separate breaches of the sale agreement by the seller:
failure to give Notice of Readiness in accordance with clause 11 on or before the Cancelling Date; and
failure to validly complete a legal transfer of the ship on or before the Cancelling Date.
A similar, but not identical approach is found at clause 14 of Saleform 2012 and clause 13 of SSF2011.
