Wreck Removal Sample Clauses
The Wreck Removal clause establishes the responsibility of a vessel owner or operator to remove a sunken, stranded, or abandoned vessel and any associated debris. Typically, this clause outlines the procedures, timelines, and costs involved in the removal process, and may specify who bears liability for environmental damage or obstruction to navigation. Its core practical function is to ensure prompt and effective removal of wrecks, thereby minimizing hazards to navigation, protecting the environment, and clarifying financial and legal responsibilities.
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Wreck Removal. In the event of the Ship becoming an obstruction to navigation the Lessee shall (in addition to any other obligation it may have under clause 9) indemnify and hold harmless the Lessor against all costs, expenses, payments, charges, losses, demands, any liabilities, claims, actions, proceedings (whether civil or criminal) penalties, fines, damages, judgments, orders or other sanctions which may be incurred, by, or made or asserted against the Lessor by reason that the Ship shall have become an obstruction to navigation (including, without limitation) in respect of the removal or destruction of the obstruction under statutory powers but only to the extent that such has not been recovered from the Ship's insurers.
Wreck Removal. In the event of the Vessel becoming a wreck or obstruction to navigation the charterers shall indemnify the Owners against any sums whatsoever which the Owners shall become Liable to pay and shall pay in consequence of the Vessel becoming a wreck or obstruction to navigation.
Wreck Removal. In the event of the Vessel becoming a wreck or obstruction to navigation the Subcharterers shall indemnify the Charterer against any sums whatsoever which the Charterer shall become liable to pay and shall pay in consequence of the Vessel becoming a wreck or obstruction to navigation.
Wreck Removal. In the event of the Vessel becoming a wreck or obstruction to navigation and has to be removed, raised, destroyed or marked as required by any compulsory Law of authority having jurisdiction over the area where the wreck is located, Contractor shall bear the cost thereof and shall indemnify Customer against any sums whatsoever which Customer shall become liable to pay or shall pay in consequence of the raising, removal, destruction or marking of the Vessel.
Wreck Removal. In the event of any Authority Vessel becoming a wreck or obstruction to navigation the Contractor shall indemnify the Authority against any sums whatsoever which the Authority shall become liable to pay and shall pay in consequence of such Authority Vessel becoming a wreck or obstruction to navigation.
Wreck Removal. In the event of the Ship becoming a wreck or obstruction to navigation the Charterer shall (in addition to any other obligation it may have under Clause 9 to indemnify and hold harmless the Owner as therein provided) indemnify and hold harmless the Owner against all costs, expenses, payments, charges, losses, demands, any liabilities, claims, actions, proceedings (whether civil or criminal), penalties, fines, damages, judgments, orders or other sanctions which may be incurred, by, or made or asserted against the Owner by reason that the Ship shall have become a wreck or obstruction to navigation (including, without limitation) in respect of the removal or destruction of the wreck or obstruction under statutory powers but only to the extent that such has not been recovered from the Ship's insurers.