Trading Limits and Tax Sample Clauses

Trading Limits and Tax a. TCL shall be entitled to fix the Tankers worldwide within Institute Warranty Limits. TCL shall, with the consent of the Participants, have liberty to break the Institute Warranty Limits, but in this case shall ensure that any additional insurance is arranged for any applicable voyages and/or any additional insurance premiums are paid. The cost of such insurance or premiums shall be a Pool Expense, if not borne by the charterer, receiver or shipper under the respective Tanker Contract.
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