Charterparty. The Borrower shall not make any material amendment or supplement to, or waiver of the terms of, the Charterparty without the prior written consent of the Majority Lenders. At the expiry date of the Charterparty, the Borrower will not enter into any new charterparty without the prior written consent of the Lenders.
Appears in 4 contracts
Samples: Guarantee Agreement (KNOT Offshore Partners LP), Facility Agreement (KNOT Offshore Partners LP), Fourth Supplemental Agreement (KNOT Offshore Partners LP)
Charterparty. The Borrower shall not make any material amendment or supplement to, or waiver of the terms of, the Charterparty without the prior written consent of the Majority Lenders. At the expiry date of the Charterparty, the Borrower will not enter into any new charterparty without the prior written consent of the Lenders.
Appears in 4 contracts
Samples: Second Supplemental Agreement (KNOT Offshore Partners LP), First Supplemental Agreement (KNOT Offshore Partners LP), Second Supplemental Agreement
