Vessel Modifications Clause Samples
Vessel Modifications. Notwithstanding anything herein to the contrary, Seller hereby agrees to pay any amounts payable in connection with any modification required to be made to the Vessel by the Charterer on or prior to the Acceptance Date (“Modification Payables”).
Vessel Modifications. The Government may, at its option, modify the vessel to meet new or changing mission requirements. The Government will either task the vessel to perform or to subcontract for the modifications as a reimbursable item, or undertake the modifications itself. Any and all equipment put aboard as a result of the modifications will be Government Furnished Equipment (GFE). All GFE will be removed prior to the vessel’s re-delivery at the expense of the Government, unless otherwise agreed to. The owner may not modify the vessel without approval of the Contracting Officer. Any approved modifications will be fully tested and verified by the appropriate Government authority. Mission related unforeseen structural modifications affecting class or the vessel’s certifications may be required. The costs of Government directed modifications, and the costs to restore the vessel to its original class or certification at award, as required by this contract, shall be borne by the Government.