Examples of Time Charter Party in a sentence
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.
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.
Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto at such address as shall appear on the Securities Register.
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.
Such items shall be taken ashore by the Time Charterers at the expiry of the Time Charter Party.
The Sellers may leave onboard for use under the Time Charter Party items which Sellers are entitled to take ashore and other items excluded from the sale.
Upon delivery of the Vessel to the Buyers under this Agreement, the Vessel shall be delivered under a Time Charter Party, attached as Exhibit 2, entered into between the Buyers and a company affiliated with the Sellers, (the "Time Charterers").
If at the end of such 180 day period, the Borrower is diligently pursuing one or more replacement Time Charter Party Agreements, such period will be extended for an additional period (not to exceed ninety days) during which the Borrower reasonably expects to enter into such replacement Time Charter Party Agreements as long as the implementation of such extension could not reasonably be expected to result in a Material Adverse Effect.
The 16 Time Charter Party specified that all bills of lading issued 17 under the charter would incorporate “the General Clause Paramount 18 or U.S. or Canadian Clause Paramount whichever applicable as 19 attached.”1 Thereafter, Seyang sub-chartered the vessel to S.M. 1The USA Clause Paramount is a clause designating the Carriage of Goods by Sea Act, or COGSA, as the controlling law with respect to the rights and liabilities of parties to a bill of lading.
The Sellers may leave onboard for use by the Time Charterer under the Time Charter Party items which Sellers are entitled to take ashore and other items excluded from the sale.