Common use of Conclusion of U Clause in Contracts

Conclusion of U. K. Arrangements. (a) The parties recognize that ------------------------------- it is the intention of the Owner Participant that, immediately following the Closing Date, the U.K. Financing will be concluded by the satisfaction of the conditions to the obligation of the U.K. Lessor to lease the Vessel to the Owner Trust under the Head Lease. The Owner Participant agrees that the U.K. Financing, if concluded, will be concluded on documents substantially in the form of the documents delivered to the parties hereto with such changes as shall not be materially adverse to any party hereto.