Common use of PROTECTION OF OWNER’S RIGHTS Clause in Contracts

PROTECTION OF OWNER’S RIGHTS. The Hirer shall not re-hire, sell, mortgage, charge, pledge, part with possession of or otherwise deal with the Plant except as provided under clause 15 and shall protect the same against distress, execution or seizure and shall indemnify the Owner against all losses, damage, costs, charges, and expenses arising as a direct result of any failure to observe and perform this condition except in the event of Government requisition.

PROTECTION OF OWNER’S RIGHTS. The Hirer shall not re-hire, sell, mortgage, charge, pledge, part with possession of or otherwise deal with the Plant except as provided under clause 15 and shall protect the same against distress, execution or seizure and shall indemnify the Owner against all losses, damage, ,costs, charges, charges and expenses arising as a direct result of any failure to observe and perform this condition except in the event of Government requisition.

PROTECTION OF OWNER’S RIGHTS. The Hirer shall not re-hire, sell, mortgage, charge, pledge, part with possession of or otherwise deal with the Plant except as provided under clause 15 and shall protect the same against distress, execution or seizure and shall indemnify the Owner against all losses, damage, costs, charges, charges and expenses arising as a direct result of any failure to observe and perform this condition except in the event of Government requisition.

PROTECTION OF OWNER’S RIGHTS. The Hirer shall not re-hire, sell, mortgage, charge, pledge, part with possession of or otherwise deal with the Plant except as specifically provided under clause 15 for in this Contract and shall protect the same against distress, execution or seizure and shall indemnify the Owner against all lossesloses, damage, costs, charges, and expenses arising as a direct result of any that may be occasioned by nay failure to observe and perform this condition except in the event of Government requisitioncondition.