Charterer Group definition
Examples of Charterer Group in a sentence
Notwithstanding any other contract or other claim of right, from and after the date of execution of this Charter and until the termination or expiration of this Charter, the Charterer Group shall not enter any contract or agreement or perform or omit any act that in any way materially limits or impairs, or the effect of which would be to materially limit or impair, the ability of any member of the Charterer Group to comply with and fulfill its obligations set forth in the Charter Documents.
Neither the Charterer nor any member of the Charterer Group is the subject of any actual or threatened environmental, health or safety investigation or enforcement proceeding related to its operations or business or the subject matter of this Charter or any of the Charter Documents.
If any such drydocking or Offsite Repair Work is required for any reason primarily caused by a breach of this Charter by any of Charterer Group, Charterer shall continue to pay the full Hire Rate during any such drydocking or Offsite Repair Work.
No member of Owner Group shall pay any commissions or fees or grant any rebates or other remuneration or gratuity to any member of Charterer Group.
If any such Persons assert or attempt to establish or establish any interest in the mineral or hydrocarbon deposits, Owner shall save, indemnify, defend, protect and hold harmless Charterer Group from and against all claims, losses, damages, costs and expenses (including reasonable attorneys’ fees and other legal costs and expenses) resulting therefrom.
All such insurance shall be primary and noncontributory and shall be exclusive of any existing valid and collectible insurance carried by Charterer Group for those risks and liabilities expressly assumed by Owner under this Charter.
Owner and any other members of Owner Group, and their respective officers, directors, employees, agents, subcontractors, successors and assigns shall have no equitable, legal or other interests in any mineral and hydrocarbon deposits which are known or which might be discovered in the Operating Area or by Charterer Group.
With respect to the Services, Owner is responsible for providing and maintaining a safe and healthy work environment at the FPSO for Owner Group Personnel, Charterer Group Personnel and all Third Parties.
Owner shall defend, indemnify, and hold harmless Charterer Group from and against any Claims, demands and causes of action which may arise as a result of damage to, shortages, or overages in inventory of such equipment.
Owner shall save, indemnify, defend, protect and hold harmless Charterer Group from any Claims suffered or incurred by Charterer Group based on a claim that the FPSO, or any design or technology with respect thereto, or any item of equipment or part thereof furnished hereunder by Owner Group (including all Owner Property) or their use by Charterer infringes any intellectual property rights or patents of any Third Party.