Time Charters definition

Time Charters means any time charter capable of exceeding 13 months' duration (inclusive of extensions) on the terms and subject to the conditions of which the Owners or the Bareboat Charterer respectively may time charter the Vessels to a Charterer and "Time Charter" means any one of them.

Time Charters mean the time charters on the Vessels entered into by certain Subsidiaries of the Purchaser, as owner, and CMA CGM or certain of its Subsidiaries, as charterer;

Time Charters means, in relation to each of BULK ENDURANCE, BULK PRIDE and BULK INDEPENDENCE, a time charter party in Agreed Form between the relevant Borrower as Owner and the Time Charterer as charterer;

Examples of Time Charters in a sentence

• Time Charters Equivalents (“TCE”) rates are defined as voyage and time charter revenues less voyage expenses during a period divided by the number of available days during the period.

• As is customary for Petrobras long period time charter contracts entered into with non-Brazilian flagged vessels, such as the Time Charters, the Time Charters contain a so-called ‘ANTAQ clause’ (ANTAQ are regulations issued by the Brazilian Water Transportation Authority) providing Petrobras with the right to terminate the Time Charter, upon 45 days notice, after the passage of 365 days, in case the vessel loses its ANTAQ license to operate in Brazilian waters.

• In the highly competitive tanker industry, we may not be able to compete for charters with new entrants or established companies with greater resources, which may adversely affect our results of operations.” Time Charters A time charter is a contract for the use of a vessel for a fixed period of time at a specified daily rate.

• Time Charters Time charters, including bareboat charters, give the Company a fixed and stable cash flow for a known period of time.

• This is in contrast with the BIMCO Piracy Clause for Time Charters that expressly applies whether or not the risk in question was known at the time of fixing.

More Definitions of Time Charters

Time Charters means each of those five (5) certain time charters dated as of August 1, 2001 in respect of each of the Vessels by and between the Head Charterer and the Charterer, each as amended by an Addendum No. 1 thereto dated as of May 21, 2002;

Time Charters means [***].

Time Charters means those certain Time Charters, dated as of October 6, 2005, between the Charterers and the Owners, in each case with respect to the Vessel owned by each such Owner, as set forth on Schedule A.

Time Charters means the Kobe Time Charter and the Flanders Time Charter;

Time Charters means the time charter for each Vessel set forth in Schedule 3.2(y).

Time Charters has the meaning given to such term in the recitals to this Agreement.

Time Charters means the time charters of the Vessels between Sea Mar Division Charterer and the Customers in effect and active on the Closing Date. To the extent that the Management Contract is assigned at Closing and necessary consents are obtained to the assignment of the time charter of a vessel subject to the Management Contract, or the Cape Coral Construction Contract is assigned at Closing and necessary consents are obtained to the assignment of the Cape Coral Time Charter, such time charter shall also constitute a “Time Charter” which shall be assigned at Closing.