Common use of Limitation of Lessor's Liability Clause in Contracts

Limitation of Lessor's Liability. The Lessee expressly agrees and acknowledges that, save only as provided in clause 6.1, no condition, warranty or representation of any kind is or has been given by or shall be deemed to be or to have been given by or on behalf of the Lessor in respect of the Ship, and accordingly the Lessee confirms that it has not, in entering into this Lease, relied on any condition, warranty, representation or covenant by or deemed to have been made by the Lessor or any person on the Lessor's behalf (whether authorised or not), express or implied, whether arising by law, statute or otherwise in relation to the Ship, including, without limitation, warranties or representations as to the description, seaworthiness, quality, construction, suitability, merchantability, satisfactory quality, fitness for any purpose, value, state, condition, appearance, finish, safety, durability, design or operation of any kind or nature of the Ship, and the benefit of any such condition, warranty or representation by the Lessor is hereby irrevocably and unconditionally waived by the Lessee. To the extent permissible under applicable law, the Lessee also waives any rights which it may have in tort or otherwise (including, without limitation, negligence) in respect of any of the matters referred to above and irrevocably agrees that the Lessor shall have no greater liability in tort or otherwise (including, without limitation, negligence) in respect of any such matter than it would have in contract after taking account of all the foregoing exclusions. No third party making any representation or warranty relating to the Ship or any part of the Ship is the agent of the Lessor nor has any such third party authority to bind the Lessor thereby.