Common use of Charterparty Assignment Clause in Contracts

Charterparty Assignment. If a Borrower enters into any Charter, that Borrower shall at the request of the Agent, execute in favour of the Security Trustee a Charterparty Assignment and shall procure to use its best endeavors:

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)

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Charterparty Assignment. If a the Borrower enters into any CharterCharterparty, that the Borrower shall shall, at the request of the Agent, execute in favour of the Security Trustee a Charterparty Assignment in respect of that Charterparty, and shall procure to use its best endeavorsshall:

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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