Common use of Redelivery Condition Clause in Contracts

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.

Appears in 4 contracts

Samples: VLCC Charter Party (Mobil Corp), VLCC Charter Party (Mobil Corp), VLCC Charter Party (Mobil Corp)

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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), and shall include all Modifications made hereunder, except those removed by Charterer to the extent permitted hereby.

Appears in 1 contract

Samples: Charter Party (Mobil Corp)

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Redelivery Condition. Charterer shall redeliver the Vessel in the same -------------------- 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), and shall include all Modifications made hereunder, except those removed by Charterer to the extent permitted hereby.

Appears in 1 contract

Samples: Charter Party (Mobil Corp)

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