Common use of Use of Vessel Clause in Contracts

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. During the Charter Period, Charterer shall have the ------------- the full use of the Vessel and may employ it worldwide in any lawful trades permitted by laws and regulations of the U.S. and of the Xxxxxxxx Islands laws and regulationsor such other jurisdiction where the Vessel is registered, 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.