TOS Charter definition

TOS Charter means that certain demise charter between Shipowner and TECO Ocean providing for the demise charter by TECO Ocean from Shipowner of certain blue water Vessels, as originally executed or as modified, amended or supplemented in accordance with the applicable provisions thereof.
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Examples of TOS Charter in a sentence

  • Either such option shall be exercised only as to all of the Vessels and only in connection with the simultaneous exercise by TECO Ocean of the same option under Article 16 of the TOS Charter (and the exercise of either such option under the TOS Charter shall be deemed to be the exercise by Charterer of the same option under this Article 16).

  • The purchase option provided for in this Article 10(h) shall be exercised by Charterer, if at all, only with respect to all of the Vessels subject to this Demise Charter and only in connection with the simultaneous exercise by TECO Ocean of the purchase option under Article 10(h) of the TOS Charter (and the exercise of such purchase option under the TOS Charter shall be deemed to be the exercise by Charterer of the purchase option under this Article 10(h)).

  • The early termination option provided for in this Article 10(a) shall be exercised by Charterer, if at all, only with respect to all of the Vessels subject to this Demise Charter and only in connection with the simultaneous exercise by TECO Ocean of the early termination option under Article 10(a) of the TOS Charter (and the exercise of such early termination option under the TOS Charter shall be deemed to be the exercise by Charterer of the early termination option under this Article 10(a)).

Related to TOS Charter

  • CFA Charter means the charter earned through the Chartered Financial Analyst program prepared and administered by the CFA Institute and so named on the day this Instrument comes into force, and every program that preceded that program, or succeeded that program, that does not have a significantly reduced scope and content when compared to the scope and content of the first-mentioned program;

  • Charter means the Corporation’s certificate or articles of incorporation, articles of association, or similar organizational document.

  • Time Charter means the hire of a Vessel by which the charterer obtains possession and control of the Vessel for an agreed period of time or an agreed voyage.

  • Parent Charter means the Amended Certificate of Incorporation of Parent.

  • Company Charter means the certificate of incorporation of the Company, as amended.