charter

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Charter

Articles of Incorporation

A document outlining the basic functions of a company. Among other things, it states whether it will be an S Corporation or a C Corporation and how many authorized shares there will be. It also states how its corporate governance and operations will work. A company that seeks to incorporate must file articles of incorporation with the appropriate authority. In the United States, that authority is usually the states and sometimes the federal government. It is also called a corporate charter or simply a charter. See also: Charter Amendment Limitations.

charter

References in periodicals archive ?
Special Taxation for Shipping companies applicable to Ship Owners, Charterers and Ship managers.
It developed and implemented a Passport Action Plan and secured an insurance deal with a New York-listed dry ship operator to insure an entire fleet against the risk of charterer default.
and potential third-party risks that a time charterer carrying dangerous
This situation arises when more than one carrier enters into a contract with the shipper, usually when bills of lading are signed by the charterer "for the master" thus making both the charterer and the vessel owner COGSA carriers.
NAPA said the new web service, called NAPA Fleet Intelligence, provides fast and easy access to high-accuracy performance monitoring for any vessel, regardless of ownership or charterer.
According to legislation, the TTS is available to any qualifying person which are either owner, charterer or ship manager who owns, charters or manages a qualifying ship in a qualifying shipping activity.
A claim for demurrage arises in the context of a voyage charterparty when a charterer exceeds the permitted time period for loading and/or discharging its cargo (commonly known as 'laytime').
Based on the existing time charterparties and their addenda, the charterer has the option to redeliver the m/v YM Los Angeles at any time between October 19, 2016 and February 19, 2017 and the m/v YM New Jersey at any time between September 24, 2016 and January 24, 2017.
The charterer is Australian company Woodside Petroleum Ltd (ASX:WPL).
A comprehensive summary will be delivered to the owner or charterer annually and at the end of the guarantee period.
The vessel is to be delivered to the Charterer during the second half of 2010 for a four years time charter contract.
Rio Tinto is the latest major charterer to invest in the Intersleek 900 fluoropolymer paint system.