Charter Period definition

Charter Period means such part of the period of the Charter as falls within the Security Period or, in the event of expiration or determination of the period of the Charter prior to the expiration of the Security Period, the period down to the expiration or determination of the period of the Charter;
Charter Period means the Basic Period plus the Renewal Period, if any, subject to extension in the circumstances provided in Clause 33 of the Charter.
Charter Period means the Term plus a period of time, if any, reasonably required to effect Redelivery (including the time necessary to remove any Severable Modifications to which a Charterer has title pursuant to Article 6(c)(i)); provided, however, that the Charter Period shall not exceed the Term by more than fifteen (15) days, absent force majeure.

Examples of Charter Period in a sentence

  • On and as of the Delivery Date and (except in relation to the representations and warranties in clauses 2.3, 2.4 and 5) each Interest Payment Date during the Charter Period, the Charterer and the Charter Guarantor shall be deemed to repeat the representations and warranties in clauses 2.1, 2.2, 2.3 and 2.4 as if made with reference to the facts and circumstances existing on such day.

  • Requisition (not involving title) of the Vessel for use by any Government during the Charter Period not constituting an Event of Loss shall not terminate this Charter Party and Charterer shall remain liable for the performance of its obligations hereunder.

  • The Charter Period shall also be extended for such additional time as may be necessary to bring the Vessel to a port of redelivery as hereinafter provided in Clause 8 hereof.

  • Not less than 30 days prior to the expiration of the ---------- Charter Period, Charterer shall, except as provided in Articles 18 and 19(c) deliver to Owner notice in writing of the port anywhere in the world chosen in Charterer's discretion (the "Redelivery Port") at which the Vessel will be available for redelivery at the end of the Charter Period.

  • At the expiration of the Charter Period, except as provided in Articles 18 and 19(c), Charterer shall, at its own expense, redeliver the Vessel to Owner at the Redelivery Port and Charterer's obligation to pay additional Bareboat Hire in respect of periods thereafter shall cease.


More Definitions of Charter Period

Charter Period means the period during which the ship is chartered on bareboat charter terms;
Charter Period has the meaning given to it in Clause 36.1 of this Charter;
Charter Period means, in relation to a Vessel, the period during which that Vessel is in the possession and control of the Charterers (or either of them) under and in accordance with the Charter relating to it (whether or not off hire);
Charter Period means, subject to paragraph (k) (Illegality) of Clause 40 (Hire), Clauses 52 (Termination Events), 55 (Purchase Option), 56 (Purchase Obligation and transfer of title) and 57 (Total Loss), the period of eighty four (84) consecutive months commencing from the Actual Delivery Date.
Charter Period means the Term (as defined in the Charter).
Charter Period means the period beginning with the Delivery -------------- Date and ending on the Charter Party Termination Date set forth in Schedule 1 to the Charter, as the same may be extended in accordance with Article 19(c) of the Charter Party, or such earlier date on which the Charter Party is terminated in accordance with the provisions thereof.
Charter Period means currency of contract period of 7(Seven) years extendable upto a period of Two (2) Years for Two nos Mooring boats at the discretion of the KAMARAJAR PORT LIMITED commencing from the date of commencement of Operations at the KAMARAJAR PORT LIMITED on charter from the contractor as per the same terms and conditions of contract.