Common use of Redelivery procedure and condition Clause in Contracts

Redelivery procedure and condition. Except in the event of a Total Loss of the Ship and subject to the provisions of clause 24.6, the Lessee shall at the end of the Lease Period in relation to the Ship redeliver the Ship to the Lessor free of all Encumbrances (other than Permitted Encumbrances, but excluding for this purpose Permitted Liens), and the Lessor shall accept such redelivery, and save where different arrangements are agreed in connection with any sale of the Ship pursuant to clause 3.6, at a safe port to be mutually agreed between the parties or, in the absence of such agreement, at such nearby safe port as the Lessor may designate acting reasonably and having regard to the location of the Ship at the time of any required redelivery. Subject to the provisions of clause 24.5, the Lessee shall at its expense before such redelivery make all such repairs and do all such work as may be necessary so that the Ship at the date of redelivery shall have installed the machinery and other equipment installed on the Ship at Delivery or replacements for the same made in accordance with the provisions of this Lease, shall maintain the Classification unexpired, shall otherwise be in compliance with any applicable rules of the Classification Society and shall be in as good structure, state and condition as at Delivery, fair wear and tear and changes and alterations properly made by the Lessee as permitted under this Lease excepted and shall be with all required trading and operating (and if trading, appropriate trading related) certificates belonging to the Ship in full force and effect for a minimum period of six (6) months from the date of redelivery.