Dry Docking. The Guarantor shall ensure that each Obligor shall meet all of that Obligor’s obligations with respect to the cost of scheduled dry docking in relation to the Collateral Vessel owned by such Obligor and that such costs are paid when due except those costs which are being disputed in good faith by appropriate proceedings (and for the payment of which adequate reserves have been provided or are and continue to be available).
Dry Docking. The Borrower shall procure that the Manager shall from time to time have sufficient liquid funds available to ensure that, on the date of the scheduled dry docking of a Vessel, the Manager shall have sufficient available liquid funds to meet all of its obligations under the Management Agreement including, but not limited to, the cost of such scheduled dry docking in relation to that Vessel.
Dry Docking. Dry docking to be carried out with prior approval of costs by the Owners, however the repair list to be at the discretion of the Managers
Dry Docking. Dry docking to be carried out with prior approval of costs by the Owners. The drydocking specification shall be prepared by the Managers and approved by the Owners.
Dry Docking. Owner shall be entitled to dry-dock the Vessel at intervals of approximately every thirty (30) months. During each sixty (60) month interval of the Term, Owner shall be entitled to an allowance of no more than ***** in the aggregate for regularly scheduled dry-dockings and any interim in-water surveys of the Vessel; provided that Owner’s allowance in such respect shall not exceed ***** during the initial thirty (30) months of such sixty (60) month interval. Any period of time the Vessel is in lay-up pursuant to Charterer’s orders under Article 10 shall not be included in measuring the dry-docking period. Subject to prior consultation between the parties and no less than ***** advance written notice to Charterer, Owner shall determine the dry-docking and interim in-water surveys schedule in due consideration of: prudent operating practices; the safety of the Vessel, her cargo, officers and crew; and Charterer’s shipping requirements and schedule under all relevant LNG Sale and Purchase Agreements. Subject to prior consultation with Charterer, dry-docking shall occur at a shipyard chosen by Owner that is located in reasonable geographic proximity to the trade of the Vessel at such time.
Dry Docking. To the extent not covered by insurance or Builder’s guarantee under the Building Contract, the amount payable to the shipyard and to other contractors during or in connection with the dry-docking of Vessel, including general services provided by the shipyard, services related to bottom cleaning, all painting included in the approved dry-dock specifications (including all paint), overhaul, hull repair, cargo system repair, ship’s equipment repair, equipment for crew/galley repair, main machinery repair, systems for main machinery repair and ship’s systems repair, replacement parts purchased for and consumed during the dry-docking, towage, pilotage and port charges at the dry-dock port and other costs incurred by Owner in accordance with this Charter in connection with such dry-docking.
Dry Docking. The Parties may agree on the dry-docking of the Ship. Nevertheless, in the event that there are unexpected underwater damages or defects on other ships lying in the Shipyard’s dock, wharf or berth, and if, in the opinion of the Shipyard, immediate and continuous repair is indispensable for the such ship’s safety, the Shipyard is entitled to adjust the schedule for the Ship’s dry-docking. In the meantime, the Shipyard is entitled to extend the Working Period accordingly provided that it had timely notified the Ship Owner that the Ship’s dry-docking schedule has to be adjusted. Under this circumstance, the Shipyard shall arrange the Ship’s repair in the dry-dock as soon as reasonably possible. In the event that the alterations or modifications in the Works are agreed by the Parties and thus the period for dry-docking has to be extended, the Shipyard is entitled to undock the Ship according to the Shipyard’s schedule upon the expiration of the initial dry-docking period and then re-dock the Ship at the earliest possible opportunity. The additional costs and expenses incurred for the docking and undocking shall be on the Ship Owner’s account. If the Works could only be conducted during the dry-docking period, such waiting time during the un-dock period of the Ship, which is caused by the aforementioned alterations or modifications, shall not be calculated into the Working Period.
Dry Docking. The Borrower shall procure that the Manager shall:
(a) from time to time have sufficient liquid funds available to ensure that, on the date of the scheduled dry docking of a Secured Vessel, the Manager shall have sufficient available liquid funds to meet all of its obligations under the Management Agreement including, but not limited to, the cost of such scheduled dry docking in relation to that Vessel; and
(b) provide to the Facility Agent a certificate signed by the chief executive officer of the Manager in the form of Schedule 9 on a semi-annual basis (the first such certificate to be provided six (6) months from the date of this Agreement).
Dry Docking. The Owners shall have the option to place the vessel in a dry-dock during the currency of this Charter Party, at a port or place to be nominated by Owners, for Class Surveys and/or repairs as required by Class. Payment of hire shall be suspended upon deviation from Charterers' service until vessel is again placed at Charterers' disposal at an equidist point not less favourable to the Charterers than when the hire was suspended. Charterers to credit Owners with any fuels/time saved, based on ship’s next employment (next loadport). Any such off-hire period may be added to the maximum CP period. For the installation of the ESD during the dry-dock a minimum of 6 months advance planning is required. As such Charterers to conclude to the ESD installation in cooperation with Owners’ well before the dry-dock date is decided. Owners and Charterers to mutually agree for dry-docking arrangements always subject to Charterers’ commercial schedule of the vessel but in any case Charterers' intended trip to be performed at any time. Charterers and Owners to co-operate and keep each other informed of vessel's itinerary and dry-dock schedule in order to optimize schedules for both parties. In any event owners to give at least 5 months prior notice of expected dry-dock, including the date and place. WAR RISK CLAUSE FOR TIME CHARTERS, 2004 CODE NAME: "CONWARTIME 2004"
Dry Docking. The relevant Target Group Company has dry-docked the Vessel and cleaned and painted her underwater parts in accordance with internationally accepted standards and in any event, as often as may be required to ensure that the Vessel maintained its classification.
