Time Charters definition

Time Charters means any time charter capable of exceeding 13 months' duration (inclusive of extensions) on the terms and subject to the conditions of which the Owners or the Bareboat Charterer respectively may time charter the Vessels to a Charterer and "Time Charter" means any one of them.
Time Charters mean the time charters on the Vessels entered into by certain Subsidiaries of the Purchaser, as owner, and CMA CGM or certain of its Subsidiaries, as charterer;
Time Charters means, in relation to each of BULK ENDURANCE and BULK PRIDE, a time charter party in Agreed Form between the relevant Borrower as Owner and the Time Charterer as charterer;

Examples of Time Charters in a sentence

  • Time Charters Equivalents (“TCE”) rates are defined as voyage and time charter revenues less voyage expenses during a period divided by the number of available days during the period.

  • As is customary for Petrobras long period time charter contracts entered into with non-Brazilian flagged vessels, such as the Time Charters, the Time Charters contain a so-called ‘ANTAQ clause’ (ANTAQ are regulations issued by the Brazilian Water Transportation Authority) providing Petrobras with the right to terminate the Time Charter, upon 45 days notice, after the passage of 365 days, in case the vessel loses its ANTAQ license to operate in Brazilian waters.

  • In the highly competitive tanker industry, we may not be able to compete for charters with new entrants or established companies with greater resources, which may adversely affect our results of operations.” Time Charters A time charter is a contract for the use of a vessel for a fixed period of time at a specified daily rate.

  • This is in contrast with the BIMCO Piracy Clause for Time Charters that expressly applies whether or not the risk in question was known at the time of fixing.

  • Time Charters Time charters, including bareboat charters, give the Company a fixed and stable cash flow for a known period of time.


More Definitions of Time Charters

Time Charters means the time charters listed in Schedule 4 (: Form of Drawdown Notice) of the Master Sale Agreement, on the terms and subject to the conditions of which the relevant Collateral Owners will time charter the relevant Vessels to the relevant time charterer and " Time Charter " means any one of them.
Time Charters means the time charters of the Vessels between Sea Mar Division Charterer and the Customers in effect and active on the Closing Date. To the extent that the Management Contract is assigned at Closing and necessary consents are obtained to the assignment of the time charter of a vessel subject to the Management Contract, or the Cape Coral Construction Contract is assigned at Closing and necessary consents are obtained to the assignment of the Cape Coral Time Charter, such time charter shall also constitute a “Time Charter” which shall be assigned at Closing.
Time Charters means Time Charter A, Time Charter B, Time Charter C, Time Charter D and Time Charter E and any Acceptable Time Charter in relation to any Ship and, in the singular, means any of them;
Time Charters means the time charter for each Vessel set forth in Schedule 3.2(y).
Time Charters means, collectively, the Xxxxxxxx Vessel Time Charters and the Long-Period Charters, and “Time Charter” shall mean any of them as the context may require.
Time Charters has the meaning given to it in the recitals;
Time Charters means [***].