Common use of Supplemental Hire Clause in Contracts

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. 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.