Governmental Authorities and Classification Society. (a) Owner (i) represents and warrants that the Vessel shall be classed as provided in Schedule I at the Delivery Date; and (ii) undertakes to exercise due diligence thereafter throughout the Term to maintain such classification. (b) Owner (i) represents and warrants that the Vessel shall be constructed to the requirements of Governmental Authorities and the Vessel’s classification society for vessels carrying LNG in bulk (and operating as an LNGRV) in effect on the date of this Charter; and (ii) undertakes after the Delivery Date and throughout the Term to exercise due diligence to ensure that the Vessel shall meet all such requirements for vessels carrying LNG in bulk (and operating as an LNGRV) in effect from time to time.
Appears in 4 contracts
Samples: LNG Vessel Time Charter Party (Exmar Energy Partners LP), LNG Regassification Vessel Time Charter Party (Exmar Energy Partners LP), LNG Regassification Vessel Time Charter Party (Exmar Energy Partners LP)
