To the knowledge of the partnership parties, the charter parties hold the government licences that must be obtained in accordance with the provisions of the charter agreements or reasonably expect to have government licences in ordinary cases that are the responsibility of the charter parties. The Baltic Air Charter Association (“BACA”) has developed the attached draft model contract as a guide for its members and others, with respect to frequently used contractual clauses, which are involved in agreements that may cover the transactions they carry out. The attached project model is developed only as an indication and as an example and is not exhaustive or final, as all transactions are different. BACA does not provide any assurance or assurance as to the effectiveness or applicability of this project or its content and BACA disclaims any responsibility for the people who can count on it. People who wish to use this project should seek their own legal advice. 1.1 The owner leases the cash charter and the charterer leases the vessel for the charter period for the charter fee. On cash chartering, which is less used in the usual business practice, the owner delivers it to the charterer for the agreed period, without crew, business, insurance or other provisions. Contracts can also be entered into as a lump sum when an owner agrees to ship a certain amount of a reported shipment from one port to another for a reported amount of money. 7.3 If the charterer does not comply with a provision of the contract, the owner may immediately terminate the contract and repossess the vessel, without prejudice to the owner`s right to recover damages in the event of a breach of the agreement by the charterer. Payload and chartered capacity: [ ] kilos and/or volumetric equivalent:  cubic meters.
Charter part, a contract by which the owner of a ship leases it to others to transport a cargo. The shipowner continues to control the navigation and management of the vessel, but its cargo capacity is exercised by the charterer. Time Charter Equivalent is a standard performance index of the marine industry, which is mainly used to compare period-to-period changes in the performance of a shipping company despite changes in the mix of charter types. Chartering is an activity within the marine industry in which a shipowner leases the use of his vessel to a charterer. The contract between the parties is referred to as the “charter party” (the “charter party” or the French “sharing document”). The three main types of charters are: chartering, travel chartering, and on-time chartering. 11.2 This agreement establishes the entire agreement and agreement between the parties or any of them under the Aircraft Charter described here and replaces all previous assurances, agreements, conditions, negotiations and commitments made orally or in writing about them. 6.2.3 If the owner is able to charter the vessel for all or part of the charter period, the owner will credit the net amount of the charter rental resulting from the re-charter until the value of the remaining payment. The owner makes every reasonable effort to re-charter the vessel and will not unduly refuse his consent to re-charter, although it is possible to refuse charters that can reasonably be considered detrimental to the vessel, its reputation or its schedule.