Common use of Outbreak of War Clause in Contracts

Outbreak of War. If war or hostilities break out between any two or more of the following countries: U.S.A., the countries or republics having been part of the former U.S.S.R. (except that declaration of war or hostilities solely between any two or more of the countries or republics having been part of the former USSR shall be exempted), P.R.C., U.K., Netherlands, then both Owners and Charterers shall have the right to cancel this charter provided that the hostilities directly interfere with the vessels trading under Clause 4.

Appears in 8 contracts

Samples: Time Charter Party (Double Hull Tankers, Inc.), Time Charter Party (Double Hull Tankers, Inc.), Time Charter Party (Double Hull Tankers, Inc.)

AutoNDA by SimpleDocs

Outbreak of War. If war or hostilities break out between any two or more of the following countries: U.S.A., the countries or republics having been part of the former U.S.S.R. (except that declaration of war or hostilities solely between any two or more of the countries or republics having been part of the former USSR shall be exempted), P.R.C., U.K., Netherlands, then both Owners and Charterers shall have the right to cancel this charter provided that the hostilities directly interfere with the vessels trading under Clause 4charter.

Appears in 7 contracts

Samples: Time Charter Party (OSG America L.P.), Time Charter Party (OSG America L.P.), Time Charter Party (OSG America L.P.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!