Common use of EFFECTIVENESS AND DURATION Clause in Contracts

EFFECTIVENESS AND DURATION. This Agreement shall be come effective as to any trade upon the later of (i) the date of the execution of this Agreement by all initial parties hereto and (ii) the date of completion of all legal requirements of each country having jurisdiction over the trade. The Agreement shall continue in effect until terminated by unanimous vote or consent of all carrier members. As modified by the carrier members as of November 2, 2016. Austral Asia Line Pte. Ltd. 0, Xxxxxxx Xxxxxxxxx # 00-00 Xxxxxx Xxxxx 0 Xxxxxxxxx 000000 Asia Break Bulk (Singapore) Pte. Ltd. 0 Xxxxxxx Xx. # 12-02 048693 SINGAPORE BBC Chartering Xxxxxxxx XxxX & Xx. XX0 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY BBC Chartering & Logistic GmbH & Co. KG1 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY Chipolbrok (Chinese-Polish Joint Stock Shipping Company) 00 Xxxxx Xxxx Xxxx Xxxx Xxxx 000000 Shanghai, CHINA

EFFECTIVENESS AND DURATION. This Agreement shall be come effective as to any trade upon the later of (i) the date of the execution of this Agreement by all initial parties hereto and (ii) the date of completion of all legal requirements of each country having jurisdiction over the trade. The Agreement shall continue in effect until terminated by unanimous vote or consent of all carrier members. As modified by the carrier members as of November 2September 15, 20162017. Austral Asia Line Pte. Ltd. 0, Xxxxxxx Xxxxxxxxx # 00-00 Xxxxxx Xxxxx 0 Xxxxxxxxx 000000 Asia Break Bulk (Singapore) Pte. Ltd. 0 Xxxxxxx Xx. # 12-02 048693 SINGAPORE BBC Chartering Xxxxxxxx XxxX & Xx. XX0 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY BBC Chartering & Logistic GmbH & Co. KG1 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY Chipolbrok (ChineseHanssy Shipping Pte. Ltd. 0 Xxxxxxx Xxxxxx, #00-Polish Joint Stock Shipping Company) 00 Xxxxxxxxx Xxxxx Xxxx Xxxx Xxxx Xxxx 000000 Shanghai, CHINAXXXXXXXXX 1. BBC Chartering Carriers GmbH & Co. KG and BBC Chartering & Logistics GmbH & Co. KG shall be treated as a single party with joint and several liability under this Agreement.

EFFECTIVENESS AND DURATION. This Agreement shall be come effective as to any trade upon the later of (i) the date of the execution of this Agreement by all initial parties hereto and (ii) the date of completion of all legal requirements of each country having jurisdiction over the trade. The Agreement shall continue in effect until terminated by unanimous vote or consent of all carrier members. As modified by the carrier members as of September 1, 2017. November 2, 2016. 11TH 10TH REVISED PAGE B7 Austral Asia Line Pte. Ltd. 0, Xxxxxxx Xxxxxxxxx # 0020-00 Xxxxxx Xxxxx 0 Xxxxxxxxx 000000 01 Suntec Tower 2 Singapore 038989 Asia Break Bulk (Singapore) Pte. Ltd. 0 Xxxxxxx Xx. # 12-02 048693 SINGAPORE BBC Chartering Xxxxxxxx XxxX Carriers GmbH & Xx. Co. XX0 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY BBC Chartering & Logistic GmbH & Co. KG1 XX0 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY Chipolbrok (Chinese-Polish Joint Stock Shipping Company) 00 Xxxxx Xxxx Xxxx Xxxx Xxxx 000000 Post Code 200002 Shanghai, CHINA