Common use of no chartering after Event Clause in Contracts

no chartering after Event. of Default following the occurrence and during the continuation of an Event of Default let its Vessel on charter or renew or extend any charter or other contract of employment of its Vessel (nor agree to do so); nor

no chartering after Event. of Default following the occurrence and during the continuation of an Event of Default let its the Vessel on charter or renew or extend any charter or other contract of employment of its the Vessel (nor agree to do so); nor