Common use of Redelivery Condition Clause in Contracts

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. 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 thereunder 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.