Common use of Assignment by Charterer Clause in Contracts

Assignment by Charterer. 19.1 No assignment, subcharter or sublease of this Charter Party or of any right or obligation hereunder whatsoever may be made by Charterer without the prior written consent of Owner. In the event of any such assignment or subcharter or sublease, Charterer shall continue to remain liable hereunder notwithstanding such assignment or subcharter or sublease, although Owner may have consented thereto.

Assignment by Charterer. 19.1 No assignment, subcharter or sublease of this Charter Party or of any right or obligation hereunder whatsoever may be made by Charterer without the prior written consent of Owner. In the event of any such assignment or subcharter or sublease, Charterer shall continue to remain liable hereunder notwithstanding such assignment or subcharter or sublease, although Owner may have consented thereto.