Common use of Requisition Compensation; and Clause in Contracts

Requisition Compensation; and. 11.1.3 the Owner's Assigned Property, shall be held by it upon trust in the first place to pay or make good the Expenses and the balance shall:

Appears in 11 contracts

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

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Requisition Compensation; and. 11.1.3 the Owner's Assigned Property, shall be held by it upon trust in the first place to pay or make good the Expenses and the balance shall:shall be applied in the manner specified in clause 13.1 of the Loan and Guarantee Facility Agreement and the surplus (if any) shall be paid to the Owner, the Charterer or such other person as may for the time being be entitled thereto.

Appears in 4 contracts

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

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Requisition Compensation; and. 11.1.3 the Owner's Owners Assigned Property, shall be held by it upon trust in the first place to pay or make good the Expenses and the balance shall:

Appears in 1 contract

Samples: Top Tankers Inc.

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