Use of Vessel. Each Share carries with it the right to use the Vessel for a total of 57 days per Year in accordance with and subject to the terms of this Agreement and the Vessel Rules.
Use of Vessel. During the Charter Period, Charterer shall have ------------- the full use of the Vessel and may employ it worldwide in any lawful trades permitted by U.S. and Xxxxxxxx Islands laws and regulations, subject to the limits of then current Institute Warranties and Clauses, carrying such lawful cargoes as Charterer, Permitted Subcharterer or their authorized agents may direct.
Use of Vessel. The vessel and mooring slip shall be used only for personal recreational purposes and may not be let or hired to others or used for any commercial purpose including but not limited to the transportation of passengers or freight to or from Fire Island.
Use of Vessel. The Lessee undertakes that the Vessel is driven only by himself or by person(s) who are identified and accepted by the Lessor in a document attached to this contract, to which all the conditions of this Contract are applied.
Use of Vessel. MARINA licenses to LICENSEE use of the slip, moorage, or storage space upon the terms and conditions contained herein. LICENSEE warrants that while the Vessel is moored on Bullards Bar Reservoir, Licensee will not rent or charter, sublease, exchange, trade, barter or loan the Vessel or the slip, moorage or storage space to any other person for any purpose whatsoever, and will not engage in any commercial activity with the Vessel or otherwise use or allow any other person to use the Vessel for commercial purposes or activities. The LICENSEE further warrants that the Vessel shall be used solely for LICENSEE’S pleasure and for no commercial use of any kind. Any commercial use shall automatically terminate this agreement. LICENSEE also warrants that no person will live aboard the Vessel while it is stored or moored at Bullards Bar Reservoir.
Use of Vessel. The Lessee shall, subject to the provisions of this Agreement, as between itself and the Lessor, have full and exclusive use, possession, control and command of the Vessel during the Lease Period.
Use of Vessel. The Charterer shall comply and shall ensure that the Guests comply with the laws and regulations of any country into whose waters the Vessel shall enter during the course of this Agreement. The Charterer shall ensure that no pets or other animals are brought on board the Vessel without the consent in writing of the Owner. The Charterer shall ensure that the behavior of the Charter Party shall not cause a nuisance to any person or bring the Vessel into disrepute. The Charterer and Guests shall afford the Crew due respect at all times. The Captain shall promptly draw the Charterer's attention to any infringement of these terms by himself or his Guests, and if such behavior continues after this warning, the Captain shall inform the Owner or his Broker, and the Owner may, by notice in writing given to the Charterer, terminate this Agreement in accordance with Clause 7 of this Agreement. If the Charterer or any of the Guests shall commit any offense contrary to the laws and regulations of any country which results in any member of the Crew of the Vessel being detained, fined or imprisoned, or the Vessel being detained, arrested, seized or fined, the Charterer shall indemnify the Owner against all loss, damage and expense incurred by the Owner as a result and the Owner may, by notice to the Charterer, terminate this Agreement forthwith. Charterer shall be liable for fines, penalties, damages and forfeitures as a result of negligence or intentional acts of Charterer, guests or invitees, and Charterer shall indemnify, hold harmless and defend Owner and Broker for such acts. The use, transport or possession of illegal drugs or narcotics, including marijuana, or of any other contraband, or the participation in any other unlawful activity, such as the transport of illegal aliens, is strictly prohibited. The participation in any of these activities by any member or guest of the charter party constitutes a breach of the charter and shall be cause for immediate termination of the charter without refund of charter fee and additional payments made by Charterer. It is also specifically understood that the possession or use of any illegal drugs or any weapons (including particularly firearms) is strictly prohibited on board the Vessel and failure to comply shall be sufficient reason for the Owner or Captain to terminate the Charter forthwith without refund or recourse against the Owner. It is also specifically understood that the possession or use of any illegal drugs or an...
Use of Vessel. Each Share carries with it the right to use the Vessel for a total of 57 days per Year in accordance with and subject to the terms of this Agreement and the Vessel Rules. Additional daily standby use may be requested by a Shareholder in accordance with and subject to the terms of this Agreement and the Vessel Rules. BoatCo is the owner of the Vessel. The Shareholders are bound by the Vessel Rules. Following the successful completion of the Offer, BoatCo will repurchase the initial share held by Ownaship (Initial Share) $1.00. Upon the repurchase of the Initial Share, the Initial Share will be cancelled. The Shareholders waive any pre-emptive rights conferred on them (as at the date of this Agreement or in the future) by sec 45 of the Companies Xxx 0000, or otherwise in respect of the issue of Shares. This Agreement constitutes an agreement of all “entitled persons” pursuant to section 107(2) of the Companies Xxx 0000.
Use of Vessel. Seven agrees that the Vessel shall be employed only for lawful purposes and for the carriage of passengers and their personal belongings and that Seven shall not transport cargo, nor in any way violate any federal, state or local laws, rules or regulations at any time and shall comply with all federal, state and local laws in all respects. No passengers or their belongings may be transported or carried to any port other than the port of embarkation.
Use of Vessel. The Operator shall have full use of the Vessel and shall employ the Vessel as a mobile drilling and/or workover unit, provided that Operator, in respect to the use of the Vessel, shall at all times comply with all applicable laws and regulations relating to the Vessel, subject matter of this Agreement, compliance with any other third party (including Client(s)), and in accordance with good oil industry practice.
