Bareboat Charter. The Sellers (as charterers) and the Buyers (as owners) have agreed to enter into a Bareboat Charterparty (the "Bareboat Charter") in respect of the Vessel in the form of the draft attached hereto. The parties agree that payment for and acceptance of the Vessel by the Buyers under this Agreement is subject to the simultaneous delivery to and acceptance of the Vessel by the Sellers as charterers under the Bareboat Charter.
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Samples: Memorandum of Agreement (Top Tankers Inc.), Memorandum of Agreement (Top Tankers Inc.), Memorandum of Agreement (Top Tankers Inc.)
Bareboat Charter. The Sellers (as charterers) and the Buyers (as owners) have agreed to enter into a Bareboat Charterparty (the "Bareboat Charter") in respect of the Vessel in the form of the draft attached hereto. The parties agree that payment for and acceptance of the Vessel by the Buyers under this Agreement Agreement-is subject to the too the-simultaneous delivery to and acceptance of the Vessel by the Sellers as charterers under the Bareboat Charter.
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