Common use of Final Voyage Clause in Contracts

Final Voyage. If when a payment of hire is due hereunder Charterers reasonably expect to redeliver the vessel before the next payment of hire would fall due, the hire to be paid shall be assessed on Charterers’ reasonable estimate of the time necessary to complete Charterers’ programme up to redelivery, and from which estimate Charterers may deduct amounts due or reasonably expected to become due for:

Appears in 11 contracts

Samples: Time Charter Party (Double Hull Tankers, Inc.), Time Charter Party (Double Hull Tankers, Inc.), Time Charter Party (Double Hull Tankers, Inc.)

AutoNDA by SimpleDocs

Final Voyage. If when a payment of hire is due hereunder Charterers reasonably expect to redeliver the vessel vessels before the next payment of hire would fall due, the hire to be paid shall be assessed on Charterers’ reasonable estimate of the time necessary to complete Charterers’ programme up to redelivery, and from which estimate Charterers may deduct amounts due or reasonably expected to become due for:

Appears in 4 contracts

Samples: Time Charter Party (OSG America L.P.), Time Charter Party (OSG America L.P.), Time Charter Party (OSG America L.P.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!