The following Banking & Finance precedent provides comprehensive and up to date legal information covering:
This DEED is made on [insert day and month] 20[insert year]
[insert name of Owner], a company incorporated in [England and Wales] with registered number [insert company number] whose registered office is at [insert address] (the Owner); and
[insert name of Buyer] a company incorporated in [England and Wales] with registered number [insert company number] whose registered office is at [insert address] (the Buyer);
[insert name of Charterer] a company incorporated in [England and Wales] with registered number [insert company number] whose registered office is at [insert address] (the Charterer)
(each of the Owner, Buyer and Charterer is a Party and together the Owner, Buyer and Charterer are the Parties).
The Owner and the Charterer have entered into a charter agreement dated [insert date] (the Charter), a copy of which is annexed to this Deed, in respect of the m.v. [insert name of ship] registered as a United Kingdom ship in the name of the Owner under official number [insert ship number] (the Ship). Since the date of the Charter the Owner has agreed to sell the Ship to the Buyer under the terms of a memorandum of agreement dated [insert date] (the Sale Agreement) and subject to the terms of the Charter.
The Owner intends to transfer and novate its rights and obligations under the Charter to the Buyer, in accordance
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