Common use of Sale, Mortgage, Transfer or Charter of the Vessels Clause in Contracts

Sale, Mortgage, Transfer or Charter of the Vessels. (1) The Shipowner shall not, without the Secretary's prior written consent, sell, mortgage, demise charter or transfer any Vessel to any Person (or charter the Vessel to a Related Party under any form of charter).

Appears in 2 contracts

Samples: Security Agreement (K-Sea Tranportation Partners Lp), Security Agreement (Chiles Offshore Inc/New/)

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Sale, Mortgage, Transfer or Charter of the Vessels. (1) The Shipowner Shipowner’s shall not, without the Secretary's ’s prior written consent, sell, mortgage, demise charter or transfer any Vessel to any Person (or charter the Vessel to a Related Party under any form of charter).

Appears in 1 contract

Samples: Security Agreement (Ambassadors International Inc)

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Sale, Mortgage, Transfer or Charter of the Vessels. (1) The Shipowner shall not, without the Secretary's Administrator’s prior written consent, sell, mortgage, demise charter or transfer any Vessel to any Person (or charter the Vessel to a Related Party under any form of charter).

Appears in 1 contract

Samples: www.maritime.dot.gov

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