Charter Period definition

Charter Period means such part of the period of the Charter as falls within the Security Period or, in the event of expiration or determination of the period of the Charter prior to the expiration of the Security Period, the period down to the expiration or determination of the period of the Charter;

Charter Period means the Basic Period plus the Renewal Period, if any, subject to extension in the circumstances provided in Clause 33 of the Charter.

Charter Period means the Term plus a period of time, if any, reasonably required to effect Redelivery (including the time necessary to remove any Severable Modifications to which a Charterer has title pursuant to Article 6(c)(i)); provided, however, that the Charter Period shall not exceed the Term by more than fifteen (15) days, absent force majeure.

Examples of Charter Period in a sentence

• The Charterers shall ensure that all spare parts listed in the inventory and used during the Charter Period are replaced at their expense prior to redelivery of the Vessel.

• During the Charter Period, the Charterers shall have the liberty to paint the Vessel in their own colours, install and display their funnel insignia and fly their own house flag.

• The Charterers shall from time to time during the Charter Period replace such items of equipment as shall be so damaged or worn as to be unfit for use.

• The Charterers warrant that they will not permit the Vessel to commence a voyage (including any preceding ballast voyage) which cannot reasonably be expected to be completed in time to allow redelivery of the Vessel within the Charter Period.

• At the expiration of the Charter Period the Vessel shall be redelivered by the Charterers to the Owners at a safe and ice-free port or place as indicated in Box 16, in such ready safe berth as the Owners may direct.

More Definitions of Charter Period

Charter Period means the period during which the ship is chartered on bareboat charter terms;

Charter Period has the meaning given to it in Clause 36.1 of this Charter;

Charter Period means, in relation to a Vessel, the period during which that Vessel is in the possession and control of the Charterers (or either of them) under and in accordance with the Charter relating to it (whether or not off hire);

Charter Period means, subject to paragraph (k) (Illegality) of Clause 40 (Hire), Clauses 52 (Termination Events), 55 (Purchase Option), 56 (Purchase Obligation and transfer of title) and 57 (Total Loss), the period of eighty four (84) consecutive months commencing from the Actual Delivery Date.

Charter Period means the Term (as defined in the Charter).

Charter Period means the period beginning with the Delivery -------------- Date and ending on the Charter Party Termination Date set forth in Schedule 1 to the Charter, as the same may be extended in accordance with Article 19(c) of the Charter Party, or such earlier date on which the Charter Party is terminated in accordance with the provisions thereof.

Charter Period means currency of contract period of 7(Seven) years extendable upto a period of one (2) Years for Two nos Mooring boats at the discretion of the KAMARAJAR PORT LIMITEDcommencing from the date of commencement of Operations at the KAMARAJAR PORT LIMITED on charter from the contractor as per the terms and conditions of contract.