Redelivery Condition Sample Clauses

Redelivery Condition. The Lessee shall ensure that on any redelivery of the Ship to the Lessor in accordance with clause 15.1.3 above and on any deemed redelivery to the Lessor in accordance with clause 15.1.2 above where the purchaser of the Ship so requires:
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Redelivery Condition. Charterer shall redeliver the Vessel in the -------------------- same class (except for changes in class resulting from the age of the Vessel), free of recommendations affecting class (with class and trading certificates and continuous machinery and survey cycle up to date and unextended) and in the same good order and condition as existed at the time of delivery to Charterer, normal wear and tear not affecting class excepted. Charterer agrees that at the time of such redelivery, the Vessel Interest shall be charter free and free and clear of all Liens, (except any Permitted Liens, it being understood that Charterer will promptly and diligently cause any such Permitted Liens other than Owner's Liens and Owner Participant's Liens to be discharged), shall include all Modifications made hereunder, except those removed by Charterer to the extent permitted hereby.
Redelivery Condition. The Charterer agrees that at the time of such redelivery, the Vessel shall be charter free and free and clear of all liens, security interests, charges and encumbrances (except any Owner Encumbrances and Permitted Encumbrances, it being understood that the Charterer will promptly and diligently cause any such Permitted Encumbrances to be discharged and, at the Owner Trustee’s request, the Charterer shall bond or provide such other form of security for payment and discharge of such Encumbrances as the Owner Trustee may reasonably request), shall include all Improvements made hereunder, except those removed by the Charterer to the extent permitted hereby, and shall have the highest classification and rating of the Regulatory Agency for vessels of the same size, age and type, with no outstanding requirements or recommendations of the Regulatory Agency unfulfilled, and all required national and international trading certificates, including, but not limited to, Marine Inspection Certificates of the Coast Guard, Public Health Commission and Federal Communication Commission, shall be clean and valid on the date of redelivery and for six (6) months thereafter. The Charterer shall notify the Regulatory Agency of any matters coming to its knowledge after the redelivery survey and prior to redelivery which upon being reported to the Regulatory Agency would lead to the withdrawal of the Vessel’s class or to the imposition of a recommendation relating to her class. The Vessel shall be returned within 4 years of the last special survey for the Classification Society or the Charterer shall pay the expenses of performing a current special survey. In addition to the foregoing, (i) at the time of redelivery the Vessel (x) shall be ready to sail and in the same good order and condition as required by Section 5, ordinary wear and tear consistent with the age of the Vessel at the time of redelivery excepted, and (y) shall comply with all applicable requirements of the Regulatory Agency necessary for the Vessel’s certification at the time of redelivery and (ii) on or before redelivery of the Vessel the Charterer will, at its expense, remove any stack insignia or stack colors of the Charterer and make all corrections and repairs necessary to cause the Vessel to comply with all of the terms of this Section 2(e) and of Section 5. The Charterer shall, at all reasonable times, permit access to the Vessel to the Owner Trustee and the Owner Participant and to Persons designated by the...
Redelivery Condition. Upon the expiration of the Term, Lessee will return the Aircraft to Lessor in as good condition as when delivered, ordinary wear and tear excepted, and clean and ready for flight and with the same equipment, components and systems as at the commencement of this Agreement, subject to the modification or addition, removal or replacement of such equipment, components and systems to maintain the Aircraft in a fully functional and operating manner in accordance with commercially reasonable standards of the airline industry (as further set forth in Section 4.3 below) and any changes to current guidelines established by the relevant manufacturers and/or the FAA, subject to Lessee’s right to terminate this Lease pursuant to Section 4.3(ii) or (iii) below and not bear the expenses in excess of the 110% expense amount pursuant to Section 4.3(ii) below.
Redelivery Condition. 15 5.4 Storage.........................................................15 5.5 Timely Redelivery, Deemed Purchase Option.......................16 5.6
Redelivery Condition. The Lessee will at the Lessee's expense redeliver the Engine in a condition so as to demonstrate that the Lessee has in all respects complied with its obligations under Clause 12.13 and 12.14 as to maintenance, repair and general upkeep of the Engine and in particular:
Redelivery Condition. At the time of such return to Head Lessor, each Head Lessor Compressor (and each part or component thereof) shall:
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Redelivery Condition. Charterer shall use all reasonable efforts to ensure that the Vessel shall be redelivered to Owner in accordance with the applicable international practice for similar vessels and in accordance with the instructions notified by the Owner to the Charterer in writing at the time of redelivery. Owner shall pay to Charterer any cost incurred for complying with its instructions.
Redelivery Condition. Upon Redelivery, the Aircraft will be in a condition (the Redelivery Condition) that demonstrates that:
Redelivery Condition. In addition to the requirements set forth in Clause 18 (Return of the Aircraft) of this Agreement, on or before the Expiry Date, or earlier termination of this Agreement (except upon a Total Loss of the Aircraft or Airframe), the Lessee, at the Lessee’s expense, shall return the Aircraft to the Lessor at the Redelivery Location in compliance with all of the following provisions:
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