Redelivery Condition. The Lessee shall ensure that on any redelivery of the Ship to the Lessor in accordance with clause 15.1.3 above and on any deemed redelivery to the Lessor in accordance with clause 15.1.2 above where the purchaser of the Ship so requires:
15.2.1 the Ship shall be in class free of conditions not complied with in accordance with their terms and overdue recommendations affecting the Ship’s class;
15.2.2 the Ship shall be in no worse structure, state and condition as at Delivery (fair wear and tear alone excepted) and have installed the machinery and equipment installed thereon at Delivery or replacements or substitutions therefor made in accordance with the terms of this Agreement;
15.2.3 the last consignment of containers carried on board the Ship shall have been unloaded;
15.2.4 the Ship shall be free of Security Interests other than any Lessor’s Security Interest; and
15.2.5 the Ship shall be free of any charter or other contract of employment or affreightment other than the Time Charter in circumstances where the Time Charterer’s rights under the QEL are subsisting. The Lessee shall further ensure that, prior to re-delivery, all arrears of wages of the Master and crew of the Ship are fully paid.
Redelivery Condition. Charterer shall redeliver the Vessel in the -------------------- same class (except for changes in class resulting from the age of the Vessel), free of recommendations affecting class (with class and trading certificates and continuous machinery and survey cycle up to date and unextended) and in the same good order and condition as existed at the time of delivery to Charterer, normal wear and tear not affecting class excepted. Charterer agrees that at the time of such redelivery, the Vessel Interest shall be charter free and free and clear of all Liens, (except any Permitted Liens, it being understood that Charterer will promptly and diligently cause any such Permitted Liens other than Owner's Liens and Owner Participant's Liens to be discharged), shall include all Modifications made hereunder, except those removed by Charterer to the extent permitted hereby.
Redelivery Condition. On the last day of the Charter -------------------------------- Term, unless (i) an Event of Loss has occurred, or (ii) use of the Vessel has been requisitioned as described in Section 13 hereof and such requisition is continuing or (iii) the Charterer has exercised any purchase option granted herein or (iv) the Charterer has terminated the Charter in accordance with the provisions of Section 12 and the Shipowner has elected to retain the Vessel, at the Charterer's cost and expense, and upon not fewer than 180 days' prior written notice to the Shipowner, the Charterer shall be deemed to have redelivered the Vessel or caused the Vessel to be redelivered to the Shipowner by making the Vessel available to the Shipowner at a U.S. port designated by the Shipowner; provided that such port shall be on the coast of the United States -------- designated by the Charterer and shall be a safe port, which is a port that is physically able to accommodate the Vessel and that is safe for the Vessel to reach, remain at and leave. Thereafter, the Charterer shall have no further liability or obligation with respect to the Vessel, and the Shipowner shall be responsible for all Vessel-related Claims arising after the redelivery of the Vessel. The Charterer agrees that at the time of such redelivery, the Vessel will be in the good order, condition and repair required by all of the terms of Section 6(a) hereof, ordinary wear and tear excepted, and no additional repair to the Vessel shall be required to permit the Vessel to be fully operational and fit for use as a product tanker in U.S. coastwise trade; provided, however, that -------- ------- the Charterer shall not be required to redeliver the Vessel fully operational and fit for use as a product tanker in U.S. coastwise trade if this Charter is terminated for economic obsolescence in accordance with the terms of Section 12(a) hereof as a result of a change in law or a Governmental Rule that makes the Vessel ineligible for U.S. coastwise trade ("Redelivery Condition"). Notwithstanding anything herein to the contrary, in the event this Charter is terminated by reason of economic obsolescence in accordance with the terms of Section 12(a) hereof, the Charterer shall not be obligated to make any repair, change or Modification if such repair, change or Modification is a basis for the Charterer's decision to terminate this Charter in accordance with the terms of such Section 12(a). The Charterer will redeliver the Vessel free and cl...
Redelivery Condition. Upon the expiration of the Term, Lessee will return the Aircraft to Lessor in as good condition as when delivered, ordinary wear and tear excepted, and clean and ready for flight and with the same equipment, components and systems as at the commencement of this Agreement, subject to the modification or addition, removal or replacement of such equipment, components and systems to maintain the Aircraft in a fully functional and operating manner in accordance with commercially reasonable standards of the airline industry (as further set forth in Section 4.3 below) and any changes to current guidelines established by the relevant manufacturers and/or the FAA, subject to Lessee’s right to terminate this Lease pursuant to Section 4.3(ii) or (iii) below and not bear the expenses in excess of the 110% expense amount pursuant to Section 4.3(ii) below.
Redelivery Condition. 15 5.4 Storage.........................................................15 5.5 Timely Redelivery, Deemed Purchase Option.......................16 5.6
Redelivery Condition. Charterer shall use all reasonable efforts to ensure that the Vessel shall be redelivered to Owner in accordance with the applicable international practice for similar vessels and in accordance with the instructions notified by the Owner to the Charterer in writing at the time of redelivery. Owner shall pay to Charterer any cost incurred for complying with its instructions.
Redelivery Condition. The Lessee will at the Lessee's expense redeliver the Engine in a condition so as to demonstrate that the Lessee has in all respects complied with its obligations under Clause 12.13 and 12.14 as to maintenance, repair and general upkeep of the Engine and in particular:
Redelivery Condition. Upon Redelivery, the Aircraft will be in a condition (the Redelivery Condition) that demonstrates that:
(a) the Lessee has in all respects complied with its obligations under this Agreement as to maintenance, repair and general upkeep;
(b) it is in the condition referred to in Schedule 9 (Redelivery Condition);
(c) it is free and clear of all Security (other than Lessor’s Security);
(d) the Engines that were installed on it at Delivery are installed on it at Redelivery (subject to Clause 15.4 (Permanent replacement of Engines and Parts);
(e) it is in substantially the same configuration as it was in upon Delivery (subject to paragraph (a) of Clause 15.1 (General requirements) and Clause 15.5 (Permitted Modifications)); and
(f) the Owner has the benefit of all Supplier Warranties in accordance with Clause 17.1 (Benefit of warranties) which are surviving on the Expiry Date.
Redelivery Condition. In addition to the requirements set forth in Clause 18 (Return of the Aircraft) of this Agreement, on or before the Expiry Date, or earlier termination of this Agreement (except upon a Total Loss of the Aircraft or Airframe), the Lessee, at the Lessee’s expense, shall return the Aircraft to the Lessor at the Redelivery Location in compliance with all of the following provisions:
Redelivery Condition p Where the Data sheet indicated a requirement for either the lessee or lessor to make adjustment payments on redelivery, based on maintenance condition, we noted that the Lease Agreement for the aircraft with the same manufacturer’s serial number provided for adjustment payments on redelivery, based on maintenance condition.
