Common use of Remedy of Owner's breach Clause in Contracts

Remedy of Owner's breach. Notwithstanding anything herein contained, the Owner shall remain liable to perform all the obligations assumed by it under the Charter and the Mortgagee shall have no obligations whatsoever thereunder or be under any liability whatsoever to the Charterer in event of any failure by the Owner to perform its obligations thereunder or hereunder provided however that:

Appears in 16 contracts

Samples: Top Tankers Inc., Top Tankers Inc., Top Tankers Inc.

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