Common use of Himalaya Clause Clause in Contracts

Himalaya Clause. All exceptions, exemptions, defences, immunities, limitations of liability, indemnities, privileges and conditions granted provided by this Agreement for the benefit of the Owner or the Hirer shall also apply to and be for the benefit of their respective sub-contractors, operators, Masters, Officers and crews and to and be for the benefit of all bodies corporate, parent of, subsidiary to, affiliated with or under the same management as either of them, as well as all Directors, Officers, servants and agents of the same and to and be for the benefit of all parties performing services within the scope of this Agreement for or on behalf of the Owner or the Hirer as servants, agents and sub-contractors of such parties. The Owner or the Hirer shall be deemed to be acting as agent or trustee of and for the benefit of all such persons and entities of the vessels set forth above but only for the limited purpose of contracting for the extension of such benefits to such persons ,bodies and vessels.

Himalaya Clause. All exceptions, exemptions, defences, immunities, limitations of liability, indemnities, privileges and conditions granted or provided by this Agreement for the benefit of the Owner or the Hirer shall also apply to and be for the benefit of their respective sub-sub- contractors, operators, Masters, Officers and crews Crews and to and be for the benefit of all bodies corporate, parent of, subsidiary to, affiliated with or under the same management as either of them, as well as all Directors, Officers, servants and agents of the same and to and be for the benefit of all parties performing services within the scope of this Agreement for or on behalf of the Owner or the Hirer as servants, agents and sub-sub- contractors of such parties. The Owner or the Hirer shall be deemed to be acting as agent or trustee of and for the benefit of all such persons and entities of the vessels set forth above but only for the limited purpose of contracting for the extension of such benefits to such persons ,persons, bodies and vessels.