Common use of Effective Date and Charter Period Clause in Contracts

Effective Date and Charter Period. Owner agrees to let and demise and Charterer agrees to hire all of Owner's right, title and interest in the Vessel upon the terms and conditions set forth in this Agreement for the Charter Period. As of the Charter Termination Date, the Vessel shall, except as otherwise expressly provided herein, be redelivered to Owner or its designee pursuant to the terms of Article

Effective Date and Charter Period. Owner agrees to let and demise and Charterer agrees to hire all of Owner's right, title and interest in the Vessel upon the terms and conditions set forth in this Agreement for the Charter Period. As of the Charter Party Termination Date, the Vessel shall, except as otherwise expressly provided herein, be redelivered to Owner or its designee pursuant to the terms of Article