Common use of Sale free of Charter Clause in Contracts

Sale free of Charter. Without prejudice to clauses 16.2 and 16.3, if the Ship is sold free of the Charter, the Owner and the Charterer shall enter into such form of agreement or agreements as the Mortgagee may require for determination of the Charter by mutual consent.

Appears in 12 contracts

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

AutoNDA by SimpleDocs

Sale free of Charter. Without prejudice to clauses 16.2 and 16.3clause 16.1, if the Ship is sold free of the Charter, the Owner and the Charterer shall enter into such form of agreement or agreements as the Mortgagee may require for determination of the Charter by mutual consent.

Appears in 4 contracts

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

AutoNDA by SimpleDocs

Sale free of Charter. Without prejudice to clauses 16.2 and 16.3clause 18.1, if the Ship is sold free of the Charter, the Owner and the Charterer shall enter into such form of agreement or agreements as the Mortgagee may require for determination of the Charter by mutual consent.

Appears in 1 contract

Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.