Charters. (a) The Borrower will not let any of the Vessels on demise, consecutive voyage or voyage charter for any period without the consent of the Facility Agent (acting on the instructions of the Majority Lenders) such consent not to be unreasonably withheld.
Appears in 4 contracts
Samples: Agreement, Agreement (Seaspan CORP), Agreement (Seaspan CORP)
Charters. (a) The Borrower will shall not let any of the Vessels Vessel on demise, time, consecutive voyage or voyage charter for any period without or to any person other than to the Charterer under the Drilling Charter except with the prior written consent of the Facility Agent (acting on the instructions of the Majority Lenders) such consent not to be unreasonably withheld, each acting reasonably).
Appears in 2 contracts
Samples: Facility Agreement (Ocean Rig UDW Inc.), Facility Agreement (DryShips Inc.)
Charters. (a) The Borrower Guarantor will not let any of the Vessels on demise, consecutive voyage or voyage charter for any period without the consent of the Facility Agent (acting on the instructions of the Majority Lenders) such consent not to be unreasonably withheld.
Appears in 1 contract
Samples: Agreement (Seaspan CORP)
Charters. (a) The Borrower will not let any of the Secured Vessels on demise, consecutive voyage or voyage charter for any period without the consent of the Facility Agent (acting on the instructions of the Majority Lenders) such consent not to be unreasonably withheld.
Appears in 1 contract
Samples: Agreement (Seaspan CORP)
Charters. (a) The No Borrower will not let any of the Vessels on demise, consecutive voyage or voyage charter for any period without the consent of the Facility Agent (acting on the instructions of the Majority Lenders) such consent not to be unreasonably withheld.
Appears in 1 contract
Samples: Agreement (Seaspan CORP)