Supplemental Hire. Charterer shall pay to Owner, for its own ----------------- account, or to the Person entitled thereto, as provided herein or in any other Operative Document, any and all Supplemental Hire promptly as the same shall become due and payable. As part of Supplemental Hire hereunder, Charterer shall pay the Make-Whole Amount, if any, payable upon any redemption of the Secured Notes under the Indenture as and when such Make-Whole Amount is due, provided -------- that Charterer shall not be required to pay any Make-Whole Amount in respect of the redemption or purchase of the Secured Notes pursuant to Section 3.06 of the Indenture.
Supplemental Hire. In addition to its obligation to pay Basic Hire hereunder, the Charterer shall pay to the Owner any and all Supplemental Hire as and when the same shall become due and owing, and in the event of any failure on the part of the Charterer to pay any Supplemental Hire, the Owner shall have all rights, powers and remedies provided for herein or at law or in equity or admiralty or otherwise in the case of nonpayment of Basic Hire. The Charterer shall pay to the Owner, as Supplemental Hire, all costs incurred by the Owner in performing or complying with the Charter Documents if the Charterer fails to perform or comply with any of its agreements contained in this Charter, or any Charter Document including, but not limited to:
(a Direct and indirect cost of permits, licenses and the like required of the Owner as owner of the Vessel. Owner shall use reasonable efforts, without filing suit or incurring out-of- pocket or other additional cost or expense, to avail itself of applicable exemptions and/or reductions of such costs.
(b All premiums and other costs to the Owner for insurance as specified in Articles 11.8 and 15. (c Unless otherwise expressly set forth herein in Section 19.2, the Charterer shall bear directly or reimburse the Owner, upon proof of payment by the Owner, all fees and expenses (including fees and expenses of the Owner's counsel) incurred by the Owner in the performance of or related to this Charter or any Charter Documents.
Supplemental Hire. In addition to its obligation to pay Interim Hire and Basic Hire hereunder, the Charterer shall pay to the Owner Trustee or such other Person entitled thereto any and all Supplemental Hire (whether provided for herein or in any other Operative Document) as and when the same shall become due and owing, including, without limitation, the following:
(i) The Charterer agrees to pay, on demand, as Supplemental Hire, to the extent permitted by applicable law, interest at a rate per annum equal to the Overdue Rate on any part of any installment of Interim Hire, Basic Hire or Supplemental Hire not paid when due for any period for which the same shall be overdue.
(ii) If an Indemnity Loan is made pursuant to Section 8 of the Tax Indemnification Agreement, then the Charterer shall pay Supplemental Hire in any amounts equal to the interest payable by the Owner Participant with respect to such Indemnity Loan, at the time the same shall become due.
(iii) The Charterer agrees that any premium payable with respect to the Notes shall be payable, in accordance with the terms of the Indenture, as Supplemental Hire. SEA-LAND PACIFIC
Supplemental Hire. The Obligor also agrees to pay to the Obligee, or to whomsoever shall be entitled thereto as expressly provided herein, all Supplemental Hire, promptly as the same shall become due and owing, and in the event of any failure on the part of the Obligor so to pay any such Supplemental Hire hereunder the Obligee shall have all rights, powers and remedies provided for herein or by law or equity or otherwise in the case of nonpayment of Basic Hire.
Supplemental Hire. In addition to its obligation to pay Basic Hire hereunder, the Charterer shall pay to the Owner any and all Supplemental Hire as and when the same shall become due and owing, and in the event of any failure on the part of the Charterer to pay any Supplemental Hire, the Owner shall have all rights, powers and remedies provided for herein or at law or in equity or admiralty or otherwise in the case of nonpayment of Basic Hire. The Charterer shall pay to the Owner, as Supplemental Hire, all costs incurred by the Owner in performing or complying with the Charter Documents if the Charterer fails to perform or comply with any of its agreements contained in this Charter, or any Charter Document including, but not limited to:
(a) Direct and indirect cost of permits, licenses and the like required of the Owner as owner of the Vessel. Owner shall use reasonable efforts, without filing suit or incurring out-of-pocket or other additional cost or expense, to avail itself of applicable exemptions and/or reductions of such costs.
(b) All premiums and other costs to the Owner for insurance as specified in Articles 11.8 and 15.
(c) Unless otherwise expressly set forth herein in Section 19.2, the Charterer shall bear directly or reimburse the Owner, upon proof of payment by the Owner, all fees and expenses (including fees and expenses of the Owner's counsel) incurred by the Owner in the performance of or related to this Charter or any Charter Documents.
Supplemental Hire. During the Charter Period, amounts equal to all expenditures and payments, and any financing thereof, incurred in accordance with Section 17 or as may be agreed upon between the Parties from time to time (the "Supplemental Hire," together with the Basic Hire, "Capital Hire").
Supplemental Hire. Charterer shall pay Supplemental Hire directly to, or as instructed by, the appropriate lender or vendor, for Shipowner's account, as and when the amounts constituting such Supplemental Hire are due and payable by Shipowner, and Charterer will advise Shipowner of the making of such payments. Payments of Supplemental Hire so made shall satisfy Charterer's obligations to pay Supplemental Hire under this Time Charter.
Supplemental Hire. Where the Owner incurs any Supplemental Amounts at any time after the date of this Charter during the Charter Period, the Charterer shall pay Supplemental Hire to the Owner on demand in an amount equal to the applicable Supplemental Amount.
