Common use of Chartering Clause in Contracts

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.