DRYDOCKING. The Borrower shall procure that the Vessel is drydocked as often as may be required to ensure that the Vessel maintains its Classification with its relevant Classification Society and otherwise in accordance with good commercial practice. If the Borrower fails to comply with the requirements of the relevant Classification Society, the Agent may inspect the Vessel in accordance with clause 9.6.12. If requested by the Agent, the Borrower shall give the Agent reasonable prior written notice of any intended drydocking of the Vessel.
Appears in 4 contracts
Samples: Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.)
DRYDOCKING. The Borrower shall procure that the Vessel is drydocked as often as may be required to ensure that the Vessel maintains its Classification classification with its relevant Pre-Approved Classification Society and otherwise in accordance with good commercial practice. If the Borrower fails to comply with the requirements of the relevant Pre-Approved Classification Society, the Agent may shall have the right to inspect the Vessel in accordance with clause 9.6.129.4.14. If requested by the Agent, the Borrower shall give the Agent reasonable prior written notice of any intended drydocking of the Vessel.
Appears in 1 contract
Samples: Agreement (Teekay LNG Partners L.P.)
