Charter Party Agreements Sample Clauses

Charter Party Agreements. Amend any material provision in the Initial Charter Party Agreement or any Approved Charter, without the prior written consent of the Facility Agent; and

Charter Party Agreements. The Parties acknowledge that the primary assets of the Company are the Charter Party Agreements, true copies of which, along with the related Parent Company Guarantees, have been provided to Buyer by the Secretary of the Company prior to the date hereof.

Charter Party Agreements. The Borrowers shall have delivered to the Facility Agent copies, certified as true and complete by an officer of each of the Borrowers, of each of the Charter Party Agreements.

Charter Party Agreements. (i) cause each of the Relevant Vessels to be employed with an Acceptable Charterer provided that renewals or the substitution of employment with an Acceptable Charterer must be in place within fifteen (15) days after the expiry of any Relevant Vessel’s existing employment, (ii) promptly deliver to the Facility Agent copies of any documentation that renews or extends any of the Charter Party Agreements and/or copies of any documentation that replaces any of the Charter Party Agreements and (iii) in respect of all Charter Party Agreements, execute and deliver to the Collateral Agent a Charter Assignment and use reasonable commercial efforts to cause the charterer to execute and deliver to the Collateral Agent a consent to such Charter Assignment in the form required thereby;

Charter Party Agreements amend or terminate any Charter Party Agreement (including any Acceptable Charters) with respect to any Relevant Vessel (it being understood and agreed that the Lenders have consented to those amendments to the Pemex Charters in respect of the daily rate discounts, temporary suspensions and change in collection days described in Schedule A to that certain Amendment No. 2, dated July 28, 2016, including those described in that certain email dated June 3, 2016 from the Borrower to the Facility Agent, which email has been shared with the Lenders, as may be amended and such additional changes acceptable to the Lenders to be separately communicated after the date thereof without a formal amendment to this Agreement provided that all of the Lenders consent to such additional changes);