Charter Party definition

Charter Party means the agreement between the owner of a vessel and the party hiring the vessel for use of the vessel in transporting a cargo.

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Charter Party means the contract of charter or affreightment to be entered into from time to time between Seller and owner of the vessel chartered or hired for the shipment of any Parcel pursuant to this Agreement.

Charter Party or “Charter Parties” means the contract or agreement for the chartering of a vessel either (i) for a specified period of time or (ii) to carry a cargo for a fixed fee from a loading port to a discharging port.

Examples of Charter Party in a sentence

• Should such failure result in any delay then, notwithstanding any provision in this Charter Party to the contrary, the Vessel shall remain on hire.

• For the avoidance of doubt, any such change of Vessel ownership or technical management shall not affect any of the terms of this Agreement, including the Time Charter Party.

• In the event that the Time Charter Party departs from the standard time charter terms of the Pool (attached hereto as Appendix 3.1) and such variations, in the opinion of the Pool Committee, have an effect on the earning potential of the Vessel, then such difference shall be reflected in the Total Costs allocated to the Vessel.

• The terms of the main Pool Participation Agreement shall prevail if a conflict should arise in the interpretation of the terms of the main Pool Participation Agreement and the terms of the Time Charter Party.

• The Company will, on behalf of the Pool, pay all expenses payable by it as the Charterer under the Time Charter Party and pay the Management Fee and Administration Fee.

More Definitions of Charter Party

Charter Party means a person or group of persons who are traveling together pursuant to a common purpose, under a single contract, at a fixed charge for the motor vehicle, having acquired the exclusive use of the motor vehicle.

Charter Party means any instrument for the charter or hiring of any vessel or aircraft or of some principal part thereof, and any memorandum, letter or other writing (other than a bill of lading) between the master or owner of any vessel or aircraft and any other person for or relating to the freight or con-veyance of any money, goods or effects on board any vessel or aircraft;

Charter Party means the charter party or other contract: (i) in the case of FOB deliveries, between the Buyer and the owner or operator, as the case may be, of the Nominated Vessel; and (ii) in the case of DAP deliveries, between the Seller and the owner or operator, as the case may be, of the Nominated Vessel.

Charter Party means the charter party or other contract between the Buyer and the owner or operator, as the case may be, of the Nominated Vessel

Charter Party means a contract whereby the Owner of the Vessel contracts with the Buyer (in the context of a FOB Delivery see Annex C (FOB Annex)) or the Seller (in the context of a CIF Delivery see Annex D (CIF Annex)) for the transportation of a Shipment or Shipments of Biomass delivered hereunder;

Charter Party means the contract between the ship owner and relevant entity, under which the designated ship is let or hired for the conveyance of the Product in accordance with the requirements of the Transaction.

Charter Party means a document in which a ship owner and a Charterer state their Contract terms for carriage of cargo;