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. 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 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 thirteen (13) 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 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. Except with approval, the relevant Owner shall not enter into any charter commitment for the Ship (except for the Ship’s Charter or Replacement Charter), which is:
(a) a bareboat or demise charter or passes possession and operational control of the Ship to another person;
(b) capable of lasting more than 12 calendar months;
(c) on terms as to payment or amount of hire which are materially less beneficial to it than the terms which at that time could reasonably be expected to be obtained on the open market for vessels of the same age and type as the Ship under charter commitments of a similar type and period; or (d) to an Affiliate.
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.
