Common use of Qualifying Purpose Clause in Contracts

Qualifying Purpose. if, during the designated period (as defined in section 106 CAA), the Ship shall be used in a manner or for a purpose which results in the application of sections 109, 110, 111, 112, 113 and 117 CAA (including, without limitation and where applicable, in circumstances arising in consequence of the conversion of the Time Charter into a bareboat charter pursuant to clause 46(b)(ii) of the Time Charter); or

Appears in 5 contracts

Samples: Lease Agreement (Golar LNG LTD), Lease Agreement (Golar LNG LTD), Lease Agreement (Golar LNG LTD)

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