Common use of Repair Clause in Contracts

Repair. to keep the Ship in a good and efficient state of repair and procure that all repairs to or replacement of any damaged, worn or lost parts or equipment are effected in such manner (both as regards workmanship and quality of materials) as not to diminish the value of the Ship;

Appears in 29 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (DryShips Inc.), Credit Agreement (DryShips Inc.)

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Repair. to keep the Ship in a good and efficient state of repair and to procure that all repairs to or replacement of any damaged, worn or lost parts or equipment are effected in such manner (both as regards workmanship and quality of materials) as not to diminish the value of the Ship;

Appears in 9 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Paragon Shipping Inc.)

Repair. to keep the Ship in a good and efficient state of repair and procure that all repairs the quality of workmanship and materials used to repair the Ship or replacement of replace any damaged, worn or lost parts or equipment are effected in such manner (both as regards workmanship and quality of materials) as not shall be sufficient to diminish the value of ensure that the Ship’s value is not reduced;

Appears in 2 contracts

Samples: DryShips Inc., DryShips Inc.

Repair. to keep the Ship in a good and efficient state of repair and procure that all repairs the quality of workmanship and materials used to repair the Ship or replacement of replace any damaged, worn or lost parts or equipment are effected in such manner (both as regards workmanship and quality of materials) as not shall be sufficient to diminish the value of ensure that the Ship's value is not reduced;

Appears in 1 contract

Samples: DryShips Inc.

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Repair. to keep the Ship in a good and efficient state of repair and procure that all repairs to or replacement of any damaged, worn or lost parts or equipment are effected in such manner (both as regards workmanship and quality of materials) as not to materially diminish the value of the Ship;

Appears in 1 contract

Samples: Agreement (B Plus H Ocean Carriers LTD)

Repair. to The Owner shall keep the Ship in a good and efficient state of repair and procure that all repairs to or replacement of any damaged, worn or lost parts or equipment are effected in such manner (both as regards workmanship and quality of materials) as not to diminish materially reduce the value of the Ship;.

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

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