Revocation of Authority. If any Event of Default shall have occurred and be continuing, the Shipowner may revoke the appointment and authorization of the Charterer to accept the Vessels by Notice to the Charterer.
Appears in 2 contracts
Samples: Acquire and Charter (Teco Energy Inc), Acquire and Charter (Tampa Electric Co)
Revocation of Authority. If any Event of Default shall have occurred and be continuing, the Shipowner may revoke the appointment and authorization of the Charterer Charterers to accept the Vessels by Notice to the ChartererCharterers.
Appears in 2 contracts
Samples: Acquire and Charter (Tampa Electric Co), Acquire and Charter (Teco Energy Inc)