MAINTENANCE AND OPERATION OF VESSEL Sample Clauses

The Maintenance and Operation of Vessel clause sets out the responsibilities of a party, typically the vessel owner or operator, to keep the vessel in good working order and to operate it safely and efficiently. This clause often requires regular inspections, repairs, and adherence to applicable safety and regulatory standards, ensuring that the vessel remains seaworthy and fit for its intended use throughout the contract period. Its core function is to allocate responsibility for the vessel’s condition and performance, thereby minimizing risks related to breakdowns, accidents, or regulatory non-compliance during the term of the agreement.
MAINTENANCE AND OPERATION OF VESSEL. (a) The Vessel is tight, staunch, strong and well and sufficiently tackled, appareled, victualed, fitted, manned, furnished, and equipped, and in every respect seaworthy and in good running condition and repair and in all respects fit for service. At all times, at its own cost and expense, the Mortgagor will exercise due diligence to maintain and preserve the Vessel in as good condition, working order and repair as at the time of the execution of this First Preferred Ship Mortgage, ordinary wear and tear and depreciation excepted, and will maintain the Vessel in accordance with good marine maintenance practice and procedures and applicable legal or regulatory requirements for the service in which it then is or will be engaged, and in such condition as will enable her to pass such inspection as may be required by marine underwriters as a condition of their writing such insurance and in such amounts as is required under this First Preferred Ship Mortgage. Furthermore, if the vessel is not temporarily laid-up, the Mortgagor will cause the Vessel to be periodically inspected, drydocked and recoated (hull paint), and its machinery overhauled in accordance with normal marine practices or as may be required by the United States Coast Guard or applicable Classification Society. (b) The Mortgagor shall afford the Mortgagee or its authorized representatives, at their own risk and expense, full and complete access to the Vessel for the purpose of inspecting the same and her cargoes and papers. (c) Mortgagor shall certify as often as required by Mortgagee that all wage and other claims which give rise to liens have been paid, but in the absence of a default or a potential default, no more often than once a quarter. (d) The Mortgagor will keep the Vessel duly documented as a vessel of the United States, under the flag of the United States, and will not suffer or permit it to be operated in any manner prohibited by the laws or regulations applicable to the Vessel under its certificate of documentation or its classification, and will duly comply with all laws and governmental regulations and contracts applicable to the Vessel and its operation. Mortgagor will never operate the Vessel outside the navigational limits of the insurance carried pursuant to Article 4. (e) If applicable, Mortgagor shall keep the Vessel in such condition as will entitle her to the highest classification and rating for a Vessel of the same age, trade and type in the American Bureau of Shipping (N...
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MAINTENANCE AND OPERATION OF VESSEL. Shipowner covenants and agrees to:
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Related to MAINTENANCE AND OPERATION OF VESSEL

  • Maintenance and Operation Member-Generator agrees to maintain their system and facilities in accordance with applicable manufacturer's recommended maintenance schedule and standard prudent engineering practices. Member-Generator covenants and agrees to operate their system, facilities and equipment so as to minimize the likelihood for a malfunction or other disturbance, damaging or otherwise affecting or impairing Cooperative’s electrical system. Member-Generator shall comply with all applicable laws, regulations, zoning, building codes, safety rules and other environmental regulations or restrictions applicable to the design, installation, operation and maintenance of the Member-Generator's System.

  • Use and Operation 3.1 Permitted Use ......................................................................................................

  • General Maintenance Borrower shall maintain the Project Site and all improvements thereon, including lighting and signage, in good condition, free of debris, waste and graffiti, and in compliance with the applicable provisions of the Anaheim Municipal Code. Borrower shall maintain the improvements and landscaping on the Project Site in accordance with the Maintenance Standards (as hereinafter defined). Such Maintenance Standards shall apply to all buildings, signage, lighting, landscaping, irrigation of landscaping, architectural elements identifying the Project Site and any and all other improvements on the Project Site. To accomplish the maintenance, Borrower shall either staff or contract with and hire licensed and qualified personnel to perform the maintenance work, including the provision of labor, equipment, materials, support facilities, and any and all other items necessary to comply with the requirements of this Agreement. Borrower and its maintenance staff, contractors or subcontractors shall comply with the following standards (collectively, “Maintenance Standards”): (i) The Project Site shall be maintained in conformance and in compliance with reasonable maintenance standards for comparable first quality affordable housing projects, including but not limited to painting and cleaning of all exterior surfaces and other exterior facades comprising all private improvements and public improvements to the curbline. The Project Site shall be maintained in good condition and in accordance with the custom and practice generally applicable to comparable first quality affordable apartment complexes in the County of Orange (the “County”). (ii) Landscape maintenance shall include, but not be limited to: watering/irrigation; fertilization; mowing; edging; trimming of grass; tree and shrub pruning; trimming and shaping of trees and shrubs to maintain a healthy, natural appearance and safe road conditions and visibility, and irrigation coverage; replacement, as needed, of all plant materials; control of weeds in all planters, shrubs, lawns, ground covers, or other planted areas; and staking for support of trees. (iii) Clean-up maintenance shall include, but not be limited to: maintenance of all sidewalks, paths and other paved areas in clean and weed-free condition; maintenance of all such areas clear of dirt, mud, trash, debris or other matter which is unsafe or unsightly; removal of all trash, litter and other debris from improvements and landscaping prior to mowing; clearance and cleaning of all areas maintained prior to the end of the day on which the maintenance operations are performed to ensure that all cuttings, weeds, leaves and other debris are properly disposed of by maintenance workers. Governmental Lender agrees to notify Borrower in writing if the condition of the Project Site does not meet with the Maintenance Standards and to specify the deficiencies and the actions required to be taken by Borrower to cure the deficiencies. Upon notification of any maintenance deficiency, Borrower shall have commenced to cure such deficiency within thirty (30) days and shall diligently act to correct, remedy or cure such deficiency within no more than sixty (60) days. If the written notification states the problem is urgent relating to the public health and safety of the City of Anaheim or Governmental Lender, then Borrower shall have forty-eight (48) hours to rectify the problem. In the event Borrower does not maintain the Project Site in the manner set forth herein and in accordance with the Maintenance Standards, Governmental Lender shall have, in addition to any other rights and remedies hereunder, the right to maintain the Project Site, or to contract for the correction of such deficiencies, after written notice to Borrower, and Borrower shall be responsible for the payment of all such costs incurred by Governmental Lender.

  • Application and Operation of Agreement Table Of Contents

  • Application and Operation 5 PART 2 - DISPUTE RESOLUTION AND CONSULTATION 12