Common use of Liability of Charterer Clause in Contracts

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.

Appears in 15 contracts

Samples: Top Tankers Inc., Top Tankers Inc., Top Tankers Inc.

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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 2 contracts

Samples: DryShips Inc., DryShips Inc.

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.. 4 Owner's Assignment

Appears in 1 contract

Samples: 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.

Appears in 1 contract

Samples: DryShips Inc.

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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 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

Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

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