Common use of Obligations of Owner, Charterer and Mortgagee Clause in Contracts

Obligations of Owner, Charterer and Mortgagee. The Owner and the Charterer shall each remain liable to perform all the obligations assumed by it in relation to the Owner's Assigned Property and 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 Owner or the Charterer to perform its obligations in respect thereof.

Obligations of Owner, Charterer and Mortgagee. The Owner and the Charterer shall each remain liable to perform all the obligations assumed by it in relation to the Owner's Assigned Property and the Charterer's Charterers 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 Owner or the Charterer to perform its obligations in respect thereof.

Obligations of Owner, Charterer and Mortgagee. The Owner and the Charterer shall each remain liable to perform all the obligations assumed by it in relation to the Owner's Owners Assigned Property and the Charterer's Charterers 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 Owner or the Charterer to perform its obligations in respect thereof.

Obligations of Owner, Charterer and Mortgagee. The Owner and the Charterer shall each remain liable to perform all the obligations assumed by it in relation to the Owner's Owners Assigned Property and 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 Owner or the Charterer to perform its obligations in respect thereof.

Obligations of Owner, Charterer and Mortgagee. The Owner and the Charterer shall each remain liable to perform all the obligations assumed by it in relation to the Owner's Assigned Mortgaged Property and the Charterer's Assigned Property respectively 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 Owner or the Charterer to perform its obligations in respect thereof.