Common use of Outbreak of War Clause in Contracts

Outbreak of War. 33. If war or hostilities break out between any two or more of the following countries: U.S.A., the countries or republics having been part of the former U.S.S.R. (except that declaration of war or hostilities solely between any two or more of the countries or republics having been part of the former USSR shall be exempted), P.R.C., U.K., Netherlands, then both Owners and Charterers shall have the right to cancel this charter provided that the hostilities directly interfere with the vessels trading under Clause 4.

Appears in 8 contracts

Samples: Double Hull Tankers, Inc., Double Hull Tankers, Inc., Double Hull Tankers, Inc.

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Outbreak of War. 33. If war or hostilities break out between any two or more of the following countries: U.S.A., the countries or republics having been part of the former U.S.S.R. (except that declaration of war or hostilities solely between any two or more of the countries or republics having been part of the former USSR shall be exempted), P.R.C., U.K., Netherlands, then both Owners and Charterers shall have the right to cancel this charter provided that the hostilities directly interfere with the vessels trading under Clause 4charter.

Appears in 7 contracts

Samples: Additional Terms (OSG America L.P.), Additional Terms (OSG America L.P.), Additional Terms (OSG America L.P.)

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