Common use of Change of Flag, Class, Management or Ownership Clause in Contracts

Change of Flag, Class, Management or Ownership. After delivery of any Vessel to the Borrower, change the flag of such Vessel other than to a jurisdiction reasonably acceptable to the Lenders, its Classification Society other than to another member of the International Association of Classification Societies, the technical management of such Vessel other than to one or more technical management companies reasonably acceptable to the Lenders or the immediate or ultimate ownership of such Vessel;

Change of Flag, Class, Management or Ownership. After delivery of any Vessel to the Borrower, change the flag of such any Vessel or Collateral Vessel other than to a jurisdiction reasonably acceptable to the LendersPermitted Jurisdiction, its their Classification Society other than to another member of the International Association of Classification SocietiesSocieties designated by the Borrowers and approved by the Administrative Agent, the technical management of such any Vessel other than to one or more technical management companies reasonably acceptable to the Majority Lenders or the immediate or ultimate ownership of such any Vessel or Collateral Vessel;

Change of Flag, Class, Management or Ownership. After delivery of any either Vessel to the respective Borrower, change the flag of such Vessel other than to a jurisdiction reasonably acceptable to the Lenders, its Classification Society other than to another member of the International Association of Classification SocietiesSocieties reasonably acceptable to the Lenders, the technical management of such Vessel other than to one or more technical management companies reasonably acceptable to the Lenders or the immediate or ultimate ownership of such Vessel;

Change of Flag, Class, Management or Ownership. After delivery of any the Vessel to the Borrower, change the flag of such the Vessel other than to a jurisdiction reasonably acceptable to the Lenders, its Classification Society other than to another member of the International Association of Classification Societies, the technical management of such the Vessel other than to one or more technical management companies reasonably acceptable to the Lenders or the immediate or ultimate ownership of such the Vessel;

Change of Flag, Class, Management or Ownership. After delivery of any Vessel to the Borrower, change the flag of such any Vessel other than to a jurisdiction reasonably acceptable to the LendersPermitted Jurisdiction, its their Classification Society other than to another member of the International Association of Classification SocietiesSocieties designated by the Borrowers and approved by the Administrative Agent, the technical management of such any Vessel other than to one or more technical management companies reasonably acceptable to the Majority Lenders or the immediate or ultimate ownership of such any Vessel;

Change of Flag, Class, Management or Ownership. After delivery of any Vessel to the Borrower, change Change (i) the flag of such any Vessel other than to a jurisdiction reasonably acceptable to the Lenders, (ii) its Classification Society other than to another member of the International Association of Classification SocietiesSocieties reasonably acceptable to the Lenders, or (iii) the technical management of such Vessel other than to one or more technical management companies reasonably acceptable to the Lenders or the immediate or ultimate ownership of such Vessel;

Change of Flag, Class, Management or Ownership. After delivery of any Vessel to the Borrower, change Change the flag of such the Vessel other than to a jurisdiction reasonably acceptable to the Lenders, its Classification Society other than to another member of the International Association of Classification Societies, the technical management of such the Vessel other than to one or more technical management companies reasonably acceptable to the Lenders or the immediate or ultimate ownership of such the Vessel;

Change of Flag, Class, Management or Ownership. After delivery of any Vessel to the Borrower, change the flag of such the Vessel other than to a jurisdiction reasonably acceptable to the Majority Lenders, its their Classification Society other than to another member of the International Association of Classification Societies, the technical management of such the Vessel other than to one or more technical management companies reasonably acceptable to the Majority Lenders or the immediate or ultimate ownership of such the Vessel;

Change of Flag, Class, Management or Ownership. After delivery of any Vessel to the Borrower, change Change the flag of such the Vessel other than to a jurisdiction reasonably acceptable to the Lendersan Acceptable Flag State, its their class or Classification Society other than to another member of the International Association of Classification SocietiesSociety, the technical management of such the Vessel other than to one or more technical management companies reasonably a manager acceptable to the Lenders Lender in its sole and absolute discretion, or the immediate or ultimate ownership of such Vessel;any Vessel except as permitted hereby.