Common use of Charterparty Assignment Clause in Contracts

Charterparty Assignment. If a Borrower enters into any Charterparty (subject to the Agent's approval pursuant to Clause 14.13), it shall, on the date of entry into such Charterparty, execute in favour of the Security Trustee (and register, if applicable) a Charterparty Assignment and shall:

Appears in 2 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

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Charterparty Assignment. If a Borrower 14.17 If a Borrower enters into any Charterparty Charter (subject to obtaining the consent of the Agent in accordance with Clause 14.13(b)), the Borrower shall at the request of the Agent's approval pursuant to Clause 14.13), it shall, on the date of entry into such Charterparty, execute in favour of the Security Trustee (and register, if applicable) a Charterparty Assignment and shall:

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Charterparty Assignment. If a Borrower enters into any Charterparty Charter (subject to obtaining the consent of the Agent in accordance with Clause 14.13(b)), the Borrower shall at the request of the Agent's approval pursuant to Clause 14.13), it shall, on the date of entry into such Charterparty, execute in favour of the Security Trustee (and register, if applicable) a Charterparty Assignment and shall:

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Charterparty Assignment. If a Borrower enters into any Charterparty Charter (subject to obtaining the Agent's approval pursuant to consent of the Agent in accordance with Clause 14.1314.13(b)), it shall, on that Borrower shall at the date request of entry into such Charterparty, the Agent execute in favour of the Security Trustee (and register, if applicable) a Charterparty Assignment and shall:

Appears in 1 contract

Samples: Agreement (Diana Shipping Inc.)

Charterparty Assignment. If a Borrower enters into any Charterparty Approved Charter (subject to obtaining the Agent's approval pursuant to consent of the Agent in accordance with Clause 14.1314.13(b)), it shall, on that Borrower shall at the date request of entry into such Charterparty, the Agent execute in favour of the Security Trustee (and register, if applicable) a an Approved Charterparty Assignment and shall:

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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Charterparty Assignment. If a Borrower enters into any Charterparty Approved Charter (subject to obtaining the consent of the Agent in accordance with Clause 14.13(b)), that Borrower shall at the request of the Agent's approval pursuant to Clause 14.13), it shall, on the date of entry into such Charterparty, execute in favour of the Security Trustee (and register, if applicable) a Charterparty Assignment and shall:

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Charterparty Assignment. If a Borrower enters into any Charterparty Charter (subject to obtaining the Agent's approval pursuant to consent of the Agent in accordance with Clause 14.13( Restrictions on chartering, appointment of managers etc .)), it shall, on that Borrower shall at the date request of entry into such Charterparty, the Agent execute in favour of the Security Trustee (and register, if applicable) a Charterparty Assignment and shall:

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Charterparty Assignment. If if a Borrower enters into any Charterparty Approved Charter (subject to obtaining the Agent's approval pursuant to consent of the Agent in accordance with Clause 14.1314.13(b)), it shall, on that Borrower shall at the date request of entry into such Charterparty, the Agent execute in favour of the Security Trustee (and register, if applicable) a an Approved Charterparty Assignment and shall:

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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