Common use of Charter Termination Events Clause in Contracts

Charter Termination Events. At all times during the Post-Completion Period, the Owner shall (and shall procure that the Sponsor shall) promptly advise the Facility Agent of any Charter Termination Event of which it or they become aware.

Appears in 4 contracts

Samples: Agreement (Ocean Rig UDW Inc.), Agreement (DryShips Inc.), Agreement (DryShips Inc.)

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Charter Termination Events. At all times during the Post-Completion Period, the Owner shall (and shall procure that the Sponsor Ocean Rig shall) promptly advise the Facility Agent of any Charter Termination Event of which it or they become aware.

Appears in 2 contracts

Samples: Credit Agreement (Ocean Rig UDW Inc.), And Restatement Agreement (Ocean Rig UDW Inc.)

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