Bareboat Charter Agreements. No Credit Party shall either (a) permit any Bareboat Charter Agreement to be terminated or agree to amend its terms in any manner unfavorable from the perspective of such Credit Party or (b) permit any sub-bareboat charter of any Vessel, without in any such case first obtaining the prior written consent of Requisite Lenders, which consent shall not be unreasonably withheld.
Appears in 3 contracts
Samples: Credit Agreement (Rand Logistics, Inc.), Credit Agreement (Rand Logistics, Inc.), Credit Agreement (Rand Logistics, Inc.)
Bareboat Charter Agreements. No Credit Party shall either (a) permit any Bareboat Charter Agreement to be terminated or agree to amend its terms in any manner unfavorable from the perspective of such Credit Party or (b) permit any sub-bareboat charter of any Vessel, without in any such case first obtaining the prior written consent of the Requisite Lenders, which consent shall not be unreasonably withheld.
Appears in 3 contracts
Samples: Credit Agreement (Rand Logistics, Inc.), Credit Agreement (Rand Acquisition CORP), Credit Agreement (Rand Logistics, Inc.)
Bareboat Charter Agreements. No Credit Party shall either (a) permit any the Bareboat Charter Agreement Agreements to be terminated or agree to amend its any of their respective terms in any manner unfavorable from the perspective of such Credit Party or (b) permit any sub-bareboat charter of any Vessel, without in any such case first obtaining the prior written consent of the Requisite Lenders, which consent shall not be unreasonably withheld.
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Bareboat Charter Agreements. No Credit Party shall either (a) permit any the Bareboat Charter Agreement Agreements to be terminated or agree to amend its their terms in any manner unfavorable from the perspective of such Credit Party or (b) permit any sub-bareboat charter of any Vessel, without in any such case first obtaining the prior written consent of Requisite the Required Lenders, which consent shall not be unreasonably withheld.
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Bareboat Charter Agreements. No Credit Party shall either (a) permit any Bareboat Charter Agreement to be terminated or agree to amend its terms in any manner unfavorable from the perspective of such Credit Party or (b) permit any sub-bareboat charter of any Vessel, without in any such case first obtaining the prior written consent of Requisite LendersAgent, which consent shall not be unreasonably withheld.
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