Charterer definition
Examples of Charterer in a sentence
This Guarantee shall cover any amount payable by the Bareboat Charterer under or in connection with any judgment relating to any Leasing Document.
The Guarantor is fully familiar with and agrees with all provisions of the Leasing Documents to which the Bareboat Charterer is a party.
This Guarantee shall be construed and take effect as a guarantee of all amounts due to the Owner under the Leasing Documents (or any of them) to which the Bareboat Charterer is a party.
By a memorandum of agreement dated _________________ (as amended and supplemented from time to time, the “MOA”) and made between (i) [_____] (the “Bareboat Charterer”) as sellers and (ii) the Owner as buyers, the Bareboat Charterer has agreed to sell and deliver and the Owner has agreed to purchase and accept the legal and beneficial title of the Vessel pursuant to the terms and conditions contained therein.
The Guarantor shall remain the legal and beneficial owner of all the issued and allotted shares of the Bareboat Charterer.