CHARTERER’S DEFAULT. OWNER has the right to withdraw the VESSEL from service under this CHARTER and terminate the Charter if CHARTERER fails to make payments when due, fails to perform its requisite maintenance under Clauses 9, 10 and/or 11, or otherwise fails to perform any of its material obligations hereunder. Termination under this Clause shall not relieve CHARTERER of any of its obligations to pay charter hire or other amounts then due and shall be without prejudice to any claim OWNER may have against the CHARTERER under this CHARTER.
Appears in 2 contracts
Sources: Rig Rental Agreement (Seadrill Partners LLC), Rig Rental Agreement (Seadrill Partners LLC)