Additional War Zone Expenses Clause Samples
Additional War Zone Expenses. Notwithstanding any other provisions of this Schedule IV, and subject as provided in Clause 28 of the Agreement, all extra expenses incurred by Contractor (in relation to Insurances) if the Vessel is required to trade in areas where there is war or, as determined by the insurers of the Vessel, a warlike situation (de facto or de jure) shall be reimbursed by Customer to Contractor, provided that, if practicable, Customer shall be given an opportunity of signifying its approval before such expenses are incurred.
Additional War Zone Expenses. Notwithstanding anything contained elsewhere in this Schedule IV and subject to the provisions of Clause 37 of the Charter, all extra expenses incurred by Owner (in relation to insurances) if Vessel is required to trade in areas where there is war or, as determined by the insurers of Vessel, a warlike situation (de facto or de jure) shall be reimbursed by Charterer to Owner; provided, however, that, if practicable, Charterer shall be given an opportunity of signifying its approval before such expenses are incurred. Charterer shall reimburse Owner for such expenses upon presentation of reasonable documentation evidencing such expenses. SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****).
Additional War Zone Expenses. Notwithstanding anything contained elsewhere in this Schedule IV and subject to the provisions of Clause 37 of the Charter, all extra expenses incurred by Owner (in relation to insurances) if Vessel is required to trade in areas where there is war or, as determined by the Execution version re Hull 1689 SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****). insurers of Vessel, a warlike situation (de facto or de jure) shall be reimbursed by Charterer to Owner; provided, however, that, if practicable, Charterer shall be given an opportunity of signifying its approval before such expenses are incurred. Charterer shall reimburse Owner for such expenses upon presentation of reasonable documentation evidencing such expenses.