Common use of Spares and Replacement Parts Clause in Contracts

Spares and Replacement Parts. Subject to Article 13 below, during ---------------------------- the Charter Period, Charterer shall, at its expense and on its time, provide such additional equipment, outfit, tools, spare and replacement parts, crockery and linen as may be required for Charterer's operation of the Vessel. Spare and replacement parts ordered for, but not delivered to, the Vessel by or for Owner on or before the Delivery Date, or the same or the substantial equivalent of such spare and replacement parts ordered by or for Charterer on or before the Redelivery Date shall be taken over and paid for, respectively, by Charterer or Owner, as the case may be, when delivered to the Vessel; and such equipment shall remain the property of, respectively, the Charterer or Owner as the case may be. The foregoing shall not apply to spare and replacement parts ordered for the pumps, gear and equipment described in Article 13(b).

Appears in 4 contracts

Samples: Agreement (Mobil Corp), Agreement (Mobil Corp), Agreement (Mobil Corp)

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Spares and Replacement Parts. Subject to Article 13 below, during the ---------------------------- the Charter Period, Charterer shall, at its expense and on its time, shall provide such additional equipment, outfit, tools, spare and replacement parts, crockery and linen as may be required for Charterer's operation of the Vessel. Spare and replacement parts ordered for, but not delivered to, the Vessel by or for Owner on or before the Delivery Date, or the same or the substantial equivalent of such spare and replacement parts ordered by or for Charterer on or before the Redelivery Date shall be taken over and paid for, respectively, by Charterer or Owner, as the case may be, when delivered to the Vessel; and such equipment shall remain the property of, respectively, the Charterer or Owner as the case may be. The foregoing shall not apply to spare and replacement parts ordered for the pumps, gear and equipment described in Article 13(b).

Appears in 2 contracts

Samples: Agreement (Mobil Corp), Charter (Mobil Corp)

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