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.
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.
Notwithstanding any provision to the contrary in Clauses 3.1(iv) or 3.1(vii) or elsewhere in this Charter, if either the Run Time or Gas Compression Run Time is interrupted or adversely affected for any reason due to the Sole Fault of Charterer Group, the period of time during which 72 hours of continuous Run Time or Gas Compression Run Time, as applicable, is interrupted due to such Sole Fault shall not count against the Run Time or Gas Compression Run Time, as applicable.
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.
The Company understands and confirms that each Purchaser shall be relying on the foregoing, representations, warranties, covenants and agreements in effecting transactions in securities of the Company.
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.
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.
Owner acknowledges that all commercial and technical information or data and any other information and data reasonably understood to be of a confidential nature (whether written, verbal or in electronic form) obtained by Owner Group, or disclosed to Owner Group in the performance of this Charter from Charterer or Charterer Group and/or the Government is confidential information.
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.
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.