CHARTER PERIOD. 36.1 Subject to the terms of this Charter, the period of chartering of the Vessel under this Charter shall commence on the Actual Delivery Date for a period of ninety-six (96) months (the "Charter Period") unless otherwise terminated in accordance with the terms hereof.
CHARTER PERIOD. Section 2 of the Charter shall be amended by deleting the entire Section 2 and substituting, in lieu thereof, the following: The amended charter period for the Vessel shall extend from December 1, 1997 until April 15, 2000, unless earlier terminated because the Vessel has been sold to Charterer or a third party (the "Charter Period"). The date of the expiration of the Charter Period shall be referred to herein as the "Charter Expiration Date." Upon the Charter Expiration Date, unless the Vessel shall have been purchased by Charterer pursuant to Section 15 of the Charter (as amended by this Amendment), the Vessel shall be returned to the Owner in accordance with the terms of Section 13 of the Charter.
CHARTER PERIOD. (State) hereby commits to participating in the Service for an initial Charter Period extending from the date of this Agreement through June 30, 2019, consisting of four fiscal years beginning on July 1, 2015, subject only to the availability of sufficient appropriations for meeting the payment obligations to the Commission for the Service.
CHARTER PERIOD. Subject as provided in this Clause 3 and Clauses 6 and 27, the term of this Charter shall be ten (10) years commencing from the Delivery Date (the “Initial Charter Period”).
CHARTER PERIOD. Subject to the terms of this Charter, the period of chartering of the Vessel hereunder (the “Charter Period”) is sixty (60) months.
CHARTER PERIOD. Upon the terms and conditions set forth in this Charter, the Owner Trustee hereby lets and demises, and the Charterer hereby hires, the Vessel for the Interim Period and the Basic Period.
CHARTER PERIOD. This Charter Party shall be for the period designated in Box 4, commencing upon the Charterer’s acceptance of the Vessel and continuing until either the date of her redelivery or the completion of the voyage then current, at the Charterer’s sole option. Any option periods shall be in direct continuation; shall be without guaranty at the Charterer’s sole option; and shall be declared as specified in Section I. Optional periods may be declared at any time prior to redelivery of the Vessel.
CHARTER PERIOD. Start: <weekday><date><year> at <time> End: <weekday><date><year> at <time>
CHARTER PERIOD from ............... hrs on ..........................20** to............... hrs on ............................20** Crew consisting of: (names and experience/certificates) Charter Fee: £............................. (Comprising Advance and Balance Payments) Advance Payment: £............................. Payable on the date of this agreement Balance Payment: £.................and Security Deposit £.............. Both payable no later than .......................20**
CHARTER PERIOD. The New Vessel Chartering Framework Agreement will be effective from 18 July 2017 and will expire on 31 December 2019 (both dates inclusive). Reasons for the transactions Since the number of vessels currently owned by the Group that are available for imminent deployment outside of Hong Kong is inadequate to support the Group’s demand for vessels under its upcoming projects, including but not limited to, the New Macao Project, the New Vessel Chartering Framework Agreement allows the Group to deploy vessels to its marine construction projects in an efficient and cost-effective manner, without needing to resort to chartering vessels from other third party owners. The Directors consider that the chartering of vessels from Shenzhen Changsheng pursuant to the New Vessel Chartering Framework Agreement is beneficial to the Group’s expansion strategy and allows the Group to undertake an increasing number of marine construction projects in future. The Directors (including the independent non-executive Directors) consider that the terms of the New Vessel Chartering Framework Agreement are on normal commercial terms and are entered into in the ordinary and usual course of business of the Group, which are fair and reasonable, and are in the interests of the Company and the Shareholders as a whole.
