Charter Hire definition

Charter Hire means hire paid by the Charterer to the Borrower under the Charter;
Charter Hire means Basic Hire and Supplemental Hire.

Examples of Charter Hire in a sentence

  • Where the Entered Ship is under time charter the period covered by this part of the Insurance shall commence at the time and date of the period for which Charter Hire ceases to be paid by the Entered Ship’s time charterers.

  • If an Owner is entitled to claim Charter Hire from any time charterer for the period in respect of which the claim is made under this part of the Insurance the Association shall be entitled to exercise rights of subrogation in respect of such hire and the Owner shall assign its rights thereto to the Association.

  • The Association will be entitled to any Charter Hire in respect of the period for which a claim has been paid by the Association under this part of the Insurance which is received by the Owner after payment of the claim by the Association.

  • In such event Charter Hire to be considered as earned and to be paid up to the date and time of such “Compulsory Acquisition”.

  • In connection with its operations, OIL invites International Competitive Bids (ICB) from competent and experienced Contractors through OIL’s e-procurement site for Charter Hire of 5 (five) nos.


More Definitions of Charter Hire

Charter Hire means the charter hire payable by Charterers for the use and possession of the Vessel payable at the times and in the amounts set forth on Schedule 1 attached hereto and made a part hereof.
Charter Hire has the meaning given to it in Clause 38 of this Charter;
Charter Hire means the charter hire payable by the Charterer for the use and possession of the Vessel payable at the times and in the amounts set forth on Schedule 1 attached hereto and made a part hereof.
Charter Hire means the daily charter hire payable in accordance with Clause 6 (Charter Hire).
Charter Hire means Basic Hire plus Supplemental Hire. -------------
Charter Hire means, collectively, Base Charter Hire, ------------ Supplemental Charter Hire, and Renewal Hire, if any.
Charter Hire means any amount of charter hire payable by the Charterer to an Owner under clause 44 (Charter Hire) of a Charter; “Greenwich Holdings Ltd” means a company incorporated and existing under the laws of Bermuda; “Guaranteed Obligations” Frontline Management set out in Clause 2.1 (a), (b) and (c) below; means each of those obligations of the Charterers and “Relevant Documents’’ means each of the Charters, the Charter Ancillary Agreement, the Management Agreements and the Administrative Services Agreement; “Subsidiaries” means each of the Charterer and Frontline Management; “Substitute Owner” means any Substitute Owner as defined in the Charter Ancillary Agreement. GUARANTEE Guarantee and indemnity. The Guarantor unconditionally and irrevocably: guarantees to each Beneficiary the fill and punctual performance of the obligations of the Charterer under the Charters and the Charter Ancillary Agreement and the due payment of all amounts payable by the Charterers under the Charters and the Charter Ancillary Agreement; provided, however, that this Guarantee shall not extend to the payment of Charter Hire; guarantees to each Beneficiary the full and punctual performance of the obligations of Frontline Management under the Management Agreements and the due payment of all amounts payable by Frontline Management under the Management Agreements, including, but not limited to, any amount payable under the off-hire indemnity given by 2