Maintenance of Vessel Documentation Sample Clauses

Maintenance of Vessel Documentation. The Charterer shall, without ----------------------------------- expense to the Shipowner, throughout the Charter Term maintain, or cause to be maintained, the documentation of the Vessel in the name of the Shipowner under the laws and flag of the United States qualified to engage in the United States coastwise trade, and the Shipowner shall upon the request of the Charterer execute such documents and furnish such information as the Charterer may reasonably require to enable the Charterer to maintain, or cause to be maintained, such documentation. The Shipowner shall, at the request of the Charterer, immediately execute or file all documents necessary to maintain such documentation and to effect any name change(s). The Charterer may, at any time, instruct the Shipowner to change the name of the Vessel, it being understood that the costs of changing the name of the Vessel shall be payable by the Charterer. Notwithstanding anything to the contrary herein, no action or inaction by the Owner Participant or the Shipowner, or any of their respective Affiliates, that results in the loss (whether temporary or permanent) or other termination of the eligibility of the Vessel for documentation under the laws and flag of the United States or the qualification of the Vessel to engage in United States coastwise trade shall be a default with respect to the obligation of the Charterer to maintain, or cause to be maintained, the documentation of the Vessel under the laws and flag of the United States qualified to engage in the United States coastwise trade, and the Charterer shall have no responsibility for costs, expenses or other Claims arising from such termination of eligibility or qualification.