Common use of Eligibility Clause Clause in Contracts

Eligibility Clause. Owner warrants that during the term of this Charter party and any extension thereto the Vessel shall be eligible for trading within the trading areas described in Clause 3(d) and that the Vessel is not in any way listed as unacceptable by any major oil company, government or similar organization nor is she barred from any activity within any port within the trading areas described in Clause 3(d).