Repair. The Ship shall be kept in a good, safe and efficient state of repair. The quality of workmanship and materials used to repair the Ship or replace any damaged, worn or lost parts or equipment shall be sufficient to ensure that the Ship’s value is not reduced.
Appears in 12 contracts
Sources: Facility Agreement (BW LPG LTD), Facility Agreement (Hoegh LNG Partners LP), Facilities Agreement (GasLog Partners LP)
Repair. The Ship shall be kept in a good, safe and efficient state of repair. The quality of workmanship and materials used to repair the Ship or replace any materially damaged, worn or lost parts or equipment shall be sufficient to ensure that the Ship’s value is not materially reduced.
Appears in 7 contracts
Sources: Facility Agreement (Navigator Holdings Ltd.), Loan Agreement (Navigator Holdings Ltd.), Supplemental Agreement (Navigator Holdings Ltd.)
Repair. The Ship shall be kept in a good, safe and efficient state of repair. The quality of workmanship and materials used to repair the Ship or replace any damaged, worn or lost parts or equipment shall be sufficient to ensure that the Ship’s 's value is not reduced.
Appears in 2 contracts
Sources: Facility Agreement (Globus Maritime LTD), Facility Agreement (DryShips Inc.)
Repair. The Ship shall be kept in a good, safe and efficient state of repair. The quality of workmanship and materials used to repair the Ship or replace any materially damaged, worn or lost parts or equipment shall be sufficient to ensure that the Ship’s 's value is not materially reduced.
Appears in 2 contracts
Sources: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.)
Repair. The Ship Vessel shall be kept in a good, safe and efficient state of repair. The quality of workmanship and materials used to repair the Ship Vessel or replace any damaged, worn or lost parts or equipment shall be sufficient to ensure that the ShipVessel’s value is not reducedreduced (fair wear and tear excepted) as a result of any repair or replacement.
Appears in 2 contracts
Sources: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)
Repair. The Each Ship shall be kept in a good, safe and efficient state of repair. The quality of workmanship and materials used to repair the a Ship or replace any damaged, worn or lost parts or equipment shall be sufficient to ensure that the that Ship’s value is not reduced.
Appears in 2 contracts
Sources: Facility Agreement (Cool Co Ltd.), Facility Agreement (Cool Co Ltd.)
Repair. The Ship shall be kept in a good, safe and efficient state of repairrepair consistent with first-class ship ownership and management practice. The quality of workmanship and materials used to repair the Ship or replace any damaged, worn or lost parts or equipment shall be sufficient to ensure that the Ship’s 's value is not materially reduced.
Appears in 2 contracts
Sources: Facility Agreement, Facility Agreement (Danaos Corp)
Repair. The Each Ship shall be kept in a good, safe and efficient state of repairrepair consistent with first class ownership and management practice. The quality of workmanship and materials used to repair the each Ship or replace any damaged, worn or lost parts or equipment in the reasonable estimation of the Approved Technical Manager shall be sufficient to ensure that the such Ship’s value is not reduced.
Appears in 1 contract
Sources: Loan Agreement (Dorian LPG Ltd.)
Repair. The Ship shall be kept in a good, safe and efficient state of repair. The quality of workmanship and materials used to repair the Ship or replace any materially damaged, worn wom or lost parts or equipment shall be sufficient to ensure that the Ship’s value is not materially reduced.
Appears in 1 contract
Repair. The Ship shall be kept in a good, safe and efficient state of repair. The quality of workmanship and materials used to repair the Ship or replace any damaged, worn or lost parts or equipment shall be sufficient to ensure that the Ship’s value is not materially reduced.
Appears in 1 contract
Sources: Facility Agreement
Repair. The Each Ship shall be kept in a good, safe and efficient state of repairrepair consistent with first class ownership and management practice. The quality of workmanship and materials used to repair the each Ship or replace any damaged, worn or lost parts or equipment in the reasonable estimation of the Approved Technical Manager shall be sufficient to ensure that the such Ship’s 's value is not reduced.
Appears in 1 contract
Sources: Loan Agreement (Dorian LPG Ltd.)
Repair. The Ship shall be kept in a good, safe and efficient state of repairrepair consistent with first-class ship ownership and management practice. The quality of workmanship and materials used to repair the Ship or replace any damaged, worn or lost parts or equipment shall be sufficient to ensure that the Ship’s value is not materially reduced.
Appears in 1 contract
Sources: Facility Agreement (Danaos Corp)
Repair. The Ship Vessel shall be kept in a good, safe and efficient state of repair. The quality of workmanship and materials used to repair the Ship Vessel or replace any damaged, worn or lost parts or equipment shall be sufficient to ensure that the ShipVessel’s value is not reduced.
Appears in 1 contract