Common use of Damage Claims Clause in Contracts

Damage Claims. In the event of repairable damage to the Ship, the Lessor shall, subject to clause 2.2.1 of the Proceeds Deed, pay any insurance moneys received by it to the Lessee or, during the Sub-Lease Period, the Sub-Lessee upon the Lessee or, during the Sub-Lease Period, the Sub-Lessee furnishing evidence satisfactory to the Lessor that such damage has been properly made good or repaired and that all repair accounts and other liabilities whatsoever in connection with the damage have been paid in full and discharged by the Lessee or, during the Sub-Lease Period, the Sub-Lessee, provided always that if a Relevant Event has occurred and is continuing, the Lessor shall be entitled to apply such insurance moneys in or towards settlement of any amounts due and owing by the Lessee to the Lessor under this Lease or any of the other Lease Documents. If the insurers with whom the fire and marine risks insurances are effected are prepared to make payment on account of repairs in the course of being effected then such payment may only be requested by the Lessee or, during the Sub-Lease Period, the Sub-Lessee if no Relevant Event has occurred and is continuing and if, in the case of a claim in excess of the Casualty Amount, the Lessor has first consented in writing (such consent not to be unreasonably withheld or unreasonably delayed).