Charter Period definition
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.