Covenants of the Owner. The Owner hereby covenants and agrees that so long as any of the Obligations remains outstanding:
Appears in 9 contracts
Samples: Assignment of Management Agreement (Golden State Petro Iom I B PLC), Assignment of Building Contract Guarantee (Golden State Petro Iom I B PLC), Assignment of Building Contract Guarantee (Golden State Petro Iom I B PLC)
Covenants of the Owner. The Owner hereby covenants and agrees that so long as any of the Term Obligations remains outstanding:
Appears in 3 contracts
Samples: Assignment of Charter (California Petroleum Transport Corp), Bareboat Charter Agreement (California Petroleum Transport Corp), Bareboat Charter Agreement (Calpetro Tankers Bahamas Iii LTD)