Liability of Charterer. The Charterer shall remain liable to perform all the obligations assumed by it in relation to the Assigned Property and the Mortgagee shall be under no obligation of any kind whatsoever in respect thereof or be under any liability whatsoever in the event of any failure by the Charterer to perform its obligations in respect thereof.
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Samples: Quadripartite Deed (Top Tankers Inc.), Second Priority Quadripartite Deed (Top Tankers Inc.), Quadripartite Deed (Top Tankers Inc.)
Liability of Charterer. The Charterer shall remain liable to perform all the obligations assumed by it in relation to the Charterer’s Assigned Property and the Mortgagee Security Agent shall be under no obligation of any kind whatsoever in respect thereof or be under any liability whatsoever in the event of any failure by the Charterer to perform its obligations in respect thereof.
6 Continuing security and other matters
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Liability of Charterer. The Charterer shall remain liable to perform all the obligations assumed by it in relation to the Charterer’s Assigned Property and the Mortgagee Security Agent shall be under no obligation of any kind whatsoever in respect thereof or be under any liability whatsoever in the event of any failure by the Charterer to perform its obligations in respect thereof.
Appears in 1 contract
Liability of Charterer. The Charterer shall remain liable to perform all the obligations assumed by it in relation to the Charterer's Assigned Property and the Mortgagee shall be under no obligation of any kind whatsoever in respect thereof or be under any liability whatsoever in the event of any failure by the Charterer to perform its obligations in respect thereof.
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Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)
Liability of Charterer. The Charterer shall remain liable to perform all the obligations assumed by it in relation to the Charterer's Assigned Property and the Mortgagee Security Agent shall be under no obligation of any kind whatsoever in respect thereof or be under any liability whatsoever in the event of any failure by the Charterer to perform its obligations in respect thereof.
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