Chartering Sample Clauses

Chartering save for any charter disclosed by the Charterer to the Mortgagee in writing and agreed by the Mortgagee in writing, in either case prior to the date of this Deed, not without the prior written consent of the Mortgagee (which the Mortgagee shall have full liberty to withhold) and, if such consent is given, only subject to such conditions as the Mortgagee may impose, to let the Ship: (a) on demise charter for any period; (b) by any time or consecutive voyage charter for a term which exceeds or which by virtue of any optional extensions therein contained might exceed twelve (12) months' duration; (c) on terms whereby more than two (2) months' hire (or the equivalent) is payable in advance; or (d) below the market rate prevailing at the time when the Ship is fixed or other than on arms' length terms;

Chartering save for any Time Charter, not without the prior written consent of the Mortgagee (which the Mortgagee shall have full liberty to withhold) and, if such consent is given, only subject to such conditions as the Mortgagee may impose, to let the Ship: (a) on demise charter for any period; (b) by any time or consecutive voyage charter for a term which exceeds or which by virtue of any optional extensions therein contained might exceed twelve (12) months' duration; (c) on terms whereby more than two (2) months' hire (or the equivalent) is payable in advance; or (d) below the market rate prevailing at the time when the Ship is fixed or other than on arms' length terms;

Chartering. Except with approval, the relevant Owner shall not enter into any charter commitment for the Ship, which is: (a) a bareboat or demise charter or passes possession and operational control of the Ship to another person; or (b) a Charter, unless the relevant Owner executes a Charter Assignment in respect of such Charter prior to delivery of the relevant Ship under such Charter to the extent that such a Charter Assignment can be obtained by the Borrower using its commercially reasonable efforts to do so.

Chartering. Notwithstanding the provisions of clause 10.12 of the Loan Agreement, the Guarantor shall not (and will procure that no company in the NCLC Group shall), charter (in or out) any vessel, except that the following shall be permitted:

Chartering. One and a quarter per cent (1.25%) of all monies earned by the Vessel. Such fee will be payable in USD. For the avoidance of any doubt, chartering commissions shall survive the termination of this agreement under all circumstances until the termination of the charter party in force at the time or termination of any other employment arranged previous to the termination date.

Chartering not without the prior written consent of the Mortgagee (which the Mortgagee shall have full liberty to withhold) and, if such consent is given, only subject to such conditions as the Mortgagee may impose, to let the Ship: (a) on demise charter for any period; (b) by any time or consecutive voyage charter for a term which exceeds or which by virtue of any optional extensions therein contained may exceed eighteen (18) months' duration; (c) on terms whereby more than two (2) months' hire (or the equivalent) is payable in advance; (d) below the market rate prevailing at the time when the Ship is fixed or other than on arms' length terms;

Chartering. The Borrowers shall not, without the prior written consent of the Agent (acting on the instructions of all Lenders): (a) let any of the Vessels on bareboat charter for any period; (b) enter into any other agreement related to the chartering and operation of a Vessel exceeding twelve (12) months or any pooling arrangements related to the Earnings of the Vessels; (c) terminate, cancel, amend or supplement any Charterparty with a duration exceeding twelve (12) months, nor assign such Charterparty or other contract of employment to any other person.

Chartering. The Borrower will not let the Ship other than under the Charter or a Replacement Charter provided that the Borrower may let the Ship on a voyage or short-term time charter with the consent of the Agent (such consent not to be unreasonably withheld or delayed).

Chartering. Notwithstanding the provisions of clause 6.1.16 of the deeds of covenants collateral to the first priority statutory Bahamian ship mortgages over the Vessels dated 28 November 2006 and 1 October 2007 respectively (as amended and restated), the Borrower shall not (and will procure that no company in the NCLC Group shall), charter (in or out) any vessel, except that the following shall be permitted: 10.25.1 the cha’rtering out of m.v. “NORWEGIAN JADE” by Pride of Hawaii, Inc. to the Manager and any other intra-NCLC Group chartering of any vessel, which complies with clause 6.1.16 and clause 6.1.17(c) of the said deeds of covenants; 10.25.2 any extra-NCLC Group chartering out of a vessel that would be permissible under clause 6.1.16 and clause 6.1.17(c) of the said deeds of covenants, except that no such extra-NCLC Group charter may be made: (a) other than in the usual course of business of the vessel’s owner or other NCLC Group Operator; (b) directly or indirectly to another cruise line; (c) for a period longer than two (2) months; and (d) other than at or about market rate at the time the charter is fixed; 10.25.3 the sale and initial lease-back of any vessel in the NCLC Fleet subject to compliance with Clause 10.24 and Clause 10.8 and in accordance with clause 6.1.16(a) and (c) and clause 6.1.17(c) of the said deeds of covenants; and 10.25.4 any charter of a vessel in existence at the date of the Third Supplemental Deed to or from a person that is not a company in the NCLC Group at the Second Restatement Date PROVIDED THAT any extension or renewal of such a charter shall only be permitted if either it is not materially adverse to the NCLC Group or the Group-Wide Lenders, in the opinion of the Majority Group-Wide Lenders, or the extension or renewal is solely at the option of that person which is not a company in the NCLC Group.

Chartering without prejudice to clause 12 not and will procure that the Sub-Lessee will not, in either case, without the prior written consent of the Lessor (a request for which shall be promptly responded to but which consent the Lessor shall have full liberty to withhold) let the Ship on time or voyage charter except to: (a) a member of the Lessee Group on terms whereby the relevant member undertakes that its rights and interests in respect of the Ship are subordinated to the rights and interests of the Lessor; or (b) a Rated Time Charterer; or (c) any other person, as long as the chartering of the Ship to any of the persons specified in (a), (b) and (c) shall not be illegal or result in a breach by the Lessor and/or the Lessee and/or the Sub-Lessee of any regulation in any Relevant Jurisdiction and, where applicable, in the case of sub-paragraphs (a) and (c) above, the provisions of clause 25.6 have been satisfied in full.