Common use of No Improvements Clause in Contracts

No Improvements. At the commencement of the Demise Charter and on the Closing Date, no improvements, modifications or additions to the Vessels are required in order to render the Vessels complete for the intended use by the Charterer as an integrated blue-water dry-bulk tug-barge unit in the case of the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and the ▇▇▇▇▇ ▇▇▇▇▇▇▇, and blue-water dry-bulk barges in the case of the ▇▇▇▇▇ ▇▇▇▇▇▇ and the ▇▇▇▇ ▇▇▇▇▇▇.