The Charters Clause Samples
The Charters. In relation to the Charters:
(i) each Vessel the subject to a Charter has been delivered by the relevant Company to and accepted on an unconditional basis by the relevant Charterer for service under and in accordance with the terms and conditions of the relevant Charter;
(ii) each Charter has been validly executed by the parties thereto and is in full force and effect;
(iii) no amendment or modification has been made to the terms of any Charter and the terms of each Charter are in substantially the same form as Disclosed;
(iv) CSSA Charter; (A) the charter period in respect of the CSSA Charter is five years plus or minus 30 days in relevant Charterer’s option; and
The Charters. (i) m.t. AMERICAS SPIRIT timecharterparty dated 1 August 2001 between Teekay Chartering Ltd as disponent owners and ConocoPhillips Company (as novated from Emerald Shipping Corporation);
(ii) m.t. AUSTRALIAN SPIRIT timecharterparty dated 1 August 2001 between Teekay Chartering Ltd as disponent owners and ConocoPhillips Company (as novated from Emerald Shipping Corporation);
(iii) m.t. AXEL SPIRIT timecharterparty dated 1 November 2011 between Teekay Chartering Ltd as disponent owners and Statoil Shipping Inc.;
(iv) m.t. GODAVARI SPIRIT timecharterparty dated 19 November 2010 between Teekay Chartering Ltd as disponent owners and Repsol YPF Trading Y Transporte, S.A.;
(v) m.t. HUGLI SPIRIT timecharterparty dated 21 June 2010 between Hugli Spirit LLC and Caltex Australia Petroleum Pty Ltd and guaranteed by the Vendor;
(vi) m.t. PINNACLE SPIRIT timecharterparty dated 21 September 2011 between Teekay Shipping Norway AS and Petroleo Brasileiro S.A.;
(vii) m.t. SUMMIT SPIRIT timecharterparty dated 26 September 2011 between Teekay Shipping Norway AS and Petroleo Brasileiro S.A.;
(viii) m.t. TEESTA SPIRIT timecharterparty dated 12 February 2008 between Teekay Chartering Ltd as disponent owners and ConocoPhillips Company;
(ix) m.t. MAHANADI SPIRIT timecharterparty dated 20 February 2008 between Teekay Chartering Ltd as disponent owners and ConocoPhillips Company; In each case as amended and supplemented from time to time. In relation to the Charters:
(x) each Vessel has been delivered by its owners for service under and in accordance with the terms and conditions of the relevant Charter;
(xi) each Charter has been validly executed by the parties thereto and is in full force and effect;
(xii) no amendment or modification has been made to the terms of the Charters save as Disclosed; and
(xiii) it is represented and warranted that notwithstanding any statement to the contrary in any Charter no consents from charterers are required in respect of the change of ownership of the “Owner” under each Charter.