Common use of Restricted Use Clause in Contracts

Restricted Use. Charterer agrees that the Yacht shall not be used to carry passengers for hire, shall not be raced and will be used for the sole and proper use of himself/herself, his/her family and guests during the term of this charter and shall comply with the laws of Grenada and St. Xxxxxxx, or any other government within the jurisdiction of which the Yacht may be in during the term of the charter. The Charterer further warrants that he shall not have on board, transport, trade or sell illegal products or substances. In the event of vessel seizure or impoundment as a consequence of any breach of items aforementioned herein will be the sole responsibility of the Charterer – this will include but will not be limited to loss of revenue on future bookings on behalf of the Company, fees (including legal fees) incurred for vessel release and vessel down-time which will be pro-rated on a daily basis at the normal seasonal rates.

Appears in 4 contracts

Samples: horizonyachtcharters.com, horizonyachtcharters.com, horizonyachtcharters.com

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Restricted Use. Charterer agrees that the Yacht shall not be used to carry passengers for hire, shall not be raced and will be used for the sole and proper use of himself/herself, his/her family and guests during the term of this charter and shall comply with the laws of Grenada and St. XxxxxxxAntigua & Barbuda, or any other government within the jurisdiction of which the Yacht may be in during the term of the charter. The Charterer further warrants that he shall not have on board, transport, trade or sell illegal products or substances. In the event of vessel seizure or impoundment as a consequence of any breach of items aforementioned herein will be the sole responsibility of the Charterer – this will include but will not be limited to loss of revenue on future bookings on behalf of the Company, fees (including legal fees) incurred for vessel release and vessel down-time which will be pro-rated on a daily basis at the normal seasonal rates.

Appears in 2 contracts

Samples: Charter Contract, Charter Contract

Restricted Use. Charterer Xxxxxxxxx agrees that the Yacht shall not be used to carry passengers for hire, shall not be raced and will be used for the sole and proper use of himself/herself, his/her family and guests during the term of this charter and shall comply with the laws of Grenada and St. Xxxxxxx, or any other government within the jurisdiction of which the Yacht may be in during the term of the charter. The Charterer further warrants that he shall not have on board, transport, trade or sell illegal products or substances. In the event of vessel seizure or impoundment as a consequence of any breach of items aforementioned herein will be the sole responsibility of the Charterer – this will include but will not be limited to loss of revenue on future bookings on behalf of the Company, fees (including legal fees) incurred for vessel release and vessel down-time which will be pro-rated on a daily basis at the normal seasonal rates.

Appears in 1 contract

Samples: horizonyachtcharters.com

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Restricted Use. Charterer Xxxxxxxxx agrees that the Yacht shall not be used to carry passengers for hire, shall not be raced and will be used for the sole and proper use of himself/herself, his/her family and guests during the term of this charter and shall comply with the laws of Grenada and St. XxxxxxxAntigua & Barbuda, or any other government within the jurisdiction of which the Yacht may be in during the term of the charter. The Charterer further warrants that he shall not have on board, transport, trade or sell illegal products or substances. In the event of vessel seizure or impoundment as a consequence of any breach of items aforementioned herein will be the sole responsibility of the Charterer – this will include but will not be limited to loss of revenue on future bookings on behalf of the Company, fees (including legal fees) incurred for vessel release and vessel down-time which will be pro-rated on a daily basis at the normal seasonal rates.

Appears in 1 contract

Samples: Charter Contract

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