Bareboat Charter Sample Clauses
Bareboat Charter. The Sellers (as charterers) and the Buyers (as owners) have agreed to enter into a Bareboat Charterparty (the "Bareboat Charter") in respect of the Vessel in the form of the draft attached hereto. The parties agree that payment for and acceptance of the Vessel by the Buyers under this Agreement is subject to the simultaneous delivery to and acceptance of the Vessel by the Sellers as charterers under the Bareboat Charter.
Bareboat Charter. LYC agrees and hereby does charter the Vessel to Charterer “bareboat”. Charterer shall, at his/her own expense, crew, maintain, navigate, operate, provision, and supply the Vessel and shall have full control over the Vessel within the terms and conditions of this Charter.
Bareboat Charter. In consideration of the rental fees and strict adherence to this Rental Agreement, LESSEE shall be permitted to utilize the watercraft and equipment on a “bareboat charter” basis. LESSEE is free to designate or hire, at LESSEE’s own expense and direction, a captain and/or crew of their own choosing. However, any captain and/or crew hired or designated by LESSEE must be identified and included as a LESSEE on this Rental Agreement, and shall be physically and mentally fit and legally allowed to operate the rented watercraft consistent with this Rental Agreement. Such captain and/or crew shall not be considered employees or under the direction of LESSOR.
Bareboat Charter. This charter is and at all times shall be construed as a BAREBOAT CHARTER and the Charterer assumes all the responsibilities as an owner pro hac vice of the Vessels, subject to the provisions herein. Xxxxxxxxx further agrees to indemnify, defend and hold the Owner harmless from and against any claims, liens, or suits that arise out of or are related to this Agreement, save and except as otherwise provided for in this Agreement, including Paragraph 3 above.
Bareboat Charter. Owner agrees to let, and the Charterer agrees to bareboat charter the Vessels from 0800 hours on Friday June 16, 2023 until 1800 hours on Sunday June 18, 2023, plus any Owner-designated practice times (the “Charter Period”) for use by Xxxxxxxxx to participate in the 2023 Lipton Cup event (the “Event”). The total sum for this bareboat charter is Five Hundred dollars ($500.00) and other valuable consideration due and payable prior to the commencement of the Charter Period (the “Charter Hire”).
Bareboat Charter not without the prior written consent of the Security Trustee and, if such consent (which consent not to be unreasonably withheld or delayed) is given only subject to the conditions as specified in clause 8.2.8 of the Loan Agreement, to let the Ship under any Bareboat Charter.
Bareboat Charter. Purchaser has received the Bareboat Charter duly executed by Wxxxxxxx in substantially the form of Exhibit A;
Bareboat Charter. If the Bareboat Charter is terminated, cancelled or repudiated or is not in force at any time during the period of its duration or if the Bareboat Charterer defaults in the performance of any of its material obligations under or pursuant to the Bareboat Charter.
Bareboat Charter the Agent shall have received a copy, certified by an officer of each of the Borrower and the Operating Entity, of the Bareboat Charter between the Borrower and the Operating Entity;
Bareboat Charter. Evidence satisfactory to the Agents that the Head Charterer has accepted delivery of the Rig on the Charter Date of Acceptance under the Bareboat Charter and that the Bareboat Charter is in full force and effect.