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.)
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.)