Charter Continuation Clause Samples
The Charter Continuation clause defines the conditions under which a charter agreement remains in effect beyond its original term or in specific circumstances. Typically, this clause outlines scenarios such as delays in cargo operations, unforeseen events, or mutual agreement, where the charter period may be automatically extended or renewed. Its core practical function is to ensure uninterrupted vessel operations and provide clarity on the parties' obligations if the charter needs to continue past the initially agreed timeframe, thereby preventing disputes and operational gaps.
Charter Continuation. When applicable, this Agreement is contingent upon the continuation of the ACES Member Charter. If the charter is revoked during the term of this Agreement, the Agreement shall terminate immediately upon written notice of such by the ACES Participating Agency to ACES and CONTRACTOR.
Charter Continuation. This Agreement is contingent upon the continuation of Mountain Mahogany Community School charter. If Mountain Mahogany Community School charter is revoked during the term of this Agreement, this Agreement shall terminate immediately upon written notice of such by Mountain Mahogany Community School to ACES.