Common use of Liens and Mortgages Clause in Contracts

Liens and Mortgages. (a) Charterer covenants that it will, at all times, at its own cost and expense, warrant and defend Shipowner’s title to the Vessels and all components thereof during the Charter Period, and all right, title and interest of Shipowner in, to and under any charter assignment, insurances assignment or other assignment given by Charterer to Shipowner in connection with this Demise Charter or the Vessels, and in any way relating to any thereof, against the claims, liens and demands of all Persons, which obligation shall survive Redelivery and termination of this Demise Charter; provided, however, that Charterer shall not have any responsibility in respect of Shipowner’s Liens.

Appears in 6 contracts

Samples: Demise Charter (Tampa Electric Co), Demise Charter (Tampa Electric Co), Demise Charter (Teco Energy Inc)

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