Sub-Charter Sample Clauses

Sub-Charter. The Vessel is currently chartered to Mansel Oil Ltd. of Bermuda under a "Shelltime 4" time charterparxx xxxed 9 June 2004.
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Sub-Charter. Charterer may, without limitation, sub-charter the Vessel but Charterer shall remain responsible for the continued performance of the obligations of Charterer hereunder. However, Charterer shall not itself and shall procure that none of its Affiliates are subject to the then-applicable tonnage tax regime in the United Kingdom.
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Sub-Charter. Charterer may, without limitation, sub-charter the Vessel but Charterer shall remain responsible for the continued performance of the obligations of Charterer hereunder.
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Sub-Charter. 45.1 Enterprise shall have the right at any time during the Charter to enter into a sub-charter agreement for the use of the Vessel by a third party. During the period of the sub- charter Owners shall operate the Vessel in accordance with the instructions of the sub-charterer, whose name, contact details and sub-charter duration shall be provided to Owners by Enterprise. Unless otherwise expressly agreed between the Parties their liabilities and obligations under this Charterparty shall continue in full force and effect for the duration of any sub-charter. No sub-charter shall relieve Owners of their responsibilities for the full and proper performance of operations during the sub-charter period. 45.2 At Enterprise’s request Owners shall seek sub-charter opportunities for the Vessel and may propose sub-charters to Enterprise. Enterprise shall have the right to accept or decline proposed sub-charter arrangements. In the event that Enterprise agrees to a sub-charter arranged by Owners then the Owners shall arrange sub-charter documentation, in a form to be determined by Enterprise, for execution by Enterprise and the sub-charterer. Owners shall be entitled to a brokerage fee of 1.5% of the sub-charter rate which may be invoiced monthly in arrears. Enterprise and Owners will share on an equal basis any sublet revenue over and above the Vessel day rate as defined in Schedule II, (excluding any extra crew costs or other direct costs incurred by Owners as a direct consequence of this sub-let). Any on/off hire survey fee and/or commissions payable to shipbrokers as a result of such sub-lets shall be payable equally by Enterprise and Owner.
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Sub-Charter. 2 Subsidiary .............................................................. 6
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Related to Sub-Charter

  • Amendment of Bylaws These bylaws may be altered, amended or repealed, and new bylaws made, by the Board of Directors, but the stockholders may make additional bylaws and may alter and repeal any bylaws whether adopted by them or otherwise.

  • Certificate of Incorporation and Bylaws of the Surviving Corporation (a) The certificate of incorporation of the Purchaser, as in effect immediately prior to the Effective Time, shall be the certificate of incorporation of the Surviving Corporation, until thereafter amended in accordance with the provisions thereof and hereof and applicable law. (b) Subject to the provisions of Section 6.05 of this Agreement, the by-laws of the Purchaser in effect at the Effective Time shall be the by-laws of the Surviving Corporation, until thereafter amended in accordance with the provisions thereof and hereof and applicable law.

  • Amendments to Charter Documents The Company covenants and agrees, that prior to its initial Business Combination it will not seek to amend or modify its Charter Documents, except as set forth therein. The Company acknowledges that the purchasers of the Public Securities in the Offering shall be deemed to be third party beneficiaries of this Agreement and specifically this Section 3.22.

  • Certificate of Incorporation; Bylaws (a) At the Effective Time, the Certificate of Incorporation of Merger Sub, as in effect immediately prior to the Effective Time, shall be the Certificate of Incorporation of the Surviving Corporation until thereafter amended as provided by Delaware Law and such Certificate of Incorporation. (b) The Bylaws of Merger Sub, as in effect immediately prior to the Effective Time, shall be the Bylaws of the Surviving Corporation until thereafter amended.

  • Articles of Incorporation and Bylaws of the Surviving Corporation At the Effective Time, (i) the Articles of Incorporation of Company as in effect immediately prior to the Effective Time shall be the Articles of Incorporation of the Surviving Corporation until thereafter amended as provided by law and such Articles of Incorporation, and (ii) the Bylaws of Company as in effect immediately prior to the Effective Time shall be the Bylaws of the Surviving Corporation until thereafter amended as provided by law, the Articles of Incorporation of the Surviving Corporation and such Bylaws.

  • Amendment of Certificate of Incorporation The Corporation reserves the right to amend, alter, change or repeal any provision contained in this Certificate of Incorporation, in the manner now or hereafter prescribed by statute, and all rights conferred upon stockholders, directors, or any other persons herein are granted subject to this reservation.

  • Certificate of Incorporation and By Laws of the Surviving Corporation

  • The Certificate of Incorporation of the --------- Corporation shall not be amended in any manner which would materially alter or change the powers, preferences or special rights of the Series A Junior Participating Preferred Stock so as to affect them adversely without the affirmative vote of the holders of at least seventy-five percent of the outstanding shares of Series A Junior Participating Preferred Stock, voting together as a single class.

  • Amendment to Certificate of Incorporation The Depositor will not amend its Certificate of Incorporation or state of incorporation without prior notice to the Rating Agencies, the Indenture Trustee, and the Credit Enhancer.

  • Bylaws of Surviving Corporation At the Effective Time, the Bylaws of Merger Sub (the “Merger Sub Bylaws”), as in effect immediately prior to the Effective Time, shall be the Bylaws of the Surviving Corporation until thereafter amended in accordance with applicable law.

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