Extension Dry Drydocking Sample Clauses

Extension Dry Drydocking. (a) If the Lease Period is extended under Clause 3.2 or Clause 3.3, Owner may after the ***** anniversary of the Delivery Date ***** only drydock the FSRU: (i) in accordance with the requirements of Good Industry Practice, Class, the Registry, and Law; and (ii) such that the period from notice of cessation of service on the FSRU leaving the Mooring until notice of resumption of service under Clause 3.5(b) does not exceed a period to be agreed or, failing agreement, determined by an Expert as the period reasonably required to complete the drydocking, return to the Mooring and issue a notice of resumption of service in accordance with Good Industry Practice such that no further drydocking would be required during the Lease Period (the period so agreed or determined, the “Maximum Drydocking Period”). (b) Owner shall give Company a notice (“Drydocking Notice”) specifying: (i) the estimated period when the FSRU will not be in service for the purposes of scheduled drydocking (the “Drydocking Period”), which shall not start before the ***** day after Company receives the Drydocking Notice; and (ii) the shipyard where drydocking will occur. (c) Company shall ensure that the FSRU is placed at Owner’s disposal for drydocking under this Clause 3.5, free of cargo, before the Drydocking Period starts. (d) Company shall provide and pay for all LNG required in accordance with Good Industry Practice for gassing up and cooling of the FSRU at the Mooring following drydocking under this Clause 3.5. (e) Owner shall not be liable to Company for Warranty Compensation and the FSRU shall be On-Hire during the period from when the Owner notifies Company it is ceasing service to undertake drydocking under this Clause until the earlier of (i) the completion of the drydocking and (ii) the Maximum Drydocking Period. (f) Owner may invoice Company, and Company shall pay Owner in accordance with Clause 13 after receiving an invoice therefor, all costs that Owner reasonably incurs to undertake drydocking under this Clause 3.5. SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****).