Drydocking, Repairs and Improvements Sample Clauses
The 'Drydocking, Repairs and Improvements' clause outlines the rights and responsibilities of the parties regarding the maintenance, repair, and enhancement of a vessel during the charter period. It typically specifies when and how the vessel may be taken out of service for drydocking, who bears the associated costs, and the procedures for notifying the other party. For example, it may require the charterer to allow the owner to drydock the vessel at certain intervals or stipulate that repairs necessary for seaworthiness must be carried out promptly. This clause ensures that the vessel remains in good operational condition while clearly allocating responsibilities and minimizing disputes over maintenance and downtime.
Drydocking, Repairs and Improvements. Subject to Section 9.2, the Manager shall arrange for and supervise the drydockings, repairs, alterations and maintenance of each Vessel to the standards required to ensure that such Vessel will comply, in all material respects, with the laws of the flag of such Vessel and of the jurisdictions where such Vessel trades and all requirements and recommendations of the applicable classification society. The Company shall directly pay the relevant third party providing drydocking , repair, alteration or maintenance services all fees and costs for the same.
Drydocking, Repairs and Improvements. Subject to Section 9.2, the Manager shall arrange and pay for and supervise the drydockings, repairs, alterations and maintenance of each Vessel to the standards required to ensure that such Vessel will comply, in all material respects, with the laws of the flag of such Vessel and of the jurisdictions where such Vessel trades and all requirements and recommendations of the applicable classification society. Notwithstanding the foregoing and subject to this Section 3.5, the Manager shall pay only for the costs and expenses associated with normally scheduled drydockings and general and routine repairs, maintenance and alterations of the Vessels. The Company shall make available to the Manager sufficient funds for such other drydockings, repairs, alterations and maintenance as described in Section 9.2.