Common use of Sub-chartering Clause in Contracts

Sub-chartering. (a) The Charterers shall not, without the prior written consent of the Owners: (i) let the Vessel on any demise charter for any period; or (ii) assign their rights under this Charter.

Appears in 4 contracts

Sources: Memorandum of Agreement (Himalaya Shipping Ltd.), Memorandum of Agreement (Himalaya Shipping Ltd.), Memorandum of Agreement (Himalaya Shipping Ltd.)