Charter Date definition
Examples of Charter Date in a sentence
All bookings made within 14 days of the Charter Date require payment in full at the time of booking.
If final payment has not been received 2 days prior to the Charter Date, the Charter will be deemed as cancelled and there will be no refunds for any monies paid.
For any bookings made within 7 days of the Charter Date, the CBAA Agent has the right to charge the credit card provided by the Charterer to ensure sufficient funds are provided in sufficient time.
If, the Charter Date of Acceptance has not occurred by 30 April 2015 and/or the Delivery Date has not occurred by the date falling on the first (1) anniversary of the signing date of this Agreement, then the Total Commitments shall be immediately reduced to zero and the Borrower shall, on such date, prepay the Loan in full.
For any New Year’s Eve bookings, the CBAA Agent has the right to charge the credit card provided by the Charterer 14 days prior to the Charter Date to ensure sufficient funds are provided in sufficient time.
If, as a result of such allocation, the entire aggregate investment amount will not be paid or earned on or before the Charter Date, then the number of shares initially issued from the Investor Subscription Pool may be reduced as necessary and the un-issued portion of such shares shall be issued by the Bank as and when paid for or earned.
Evidence satisfactory to the Agents that the Borrower has accepted delivery of the relevant Rig on the Charter Date of Acceptance for that Rig under the Bareboat Charter relating to that Rig and that Bareboat Charter is in full force and effect.
Evidence that (i) the Vessel Drilling Charter Date has occurred or (ii) the Vessel and Sister Vessel Drilling Charter Date has occurred.
Beginning on the fifth anniversary of the Charter Date (the “Fifth Anniversary”) and as of the end of each calendar quarter thereafter, the Company shall have the option, but is not obligated to, purchase from the Investors, and each of the Investors agrees, upon exercise of such option, to sell to the Company, all Bank Stock then owned by the Investors on the terms set forth in this Section (“Company Option”).
For the period beginning with the Effective Date of ------------ this Agreement and continuing until the Charter Date, the Executive shall be compensated at an annual base rate of $100,000 (the "Base Salary").