Creation of Encumbrances. create or agree to create or permit to exist any Encumbrance over the Vessel (or any share or interest therein) or over the Building Contract, the Guarantee Bond or the Refund Guarantee other than the Encumbrances created or to be created pursuant to or as contemplated by the Security Documents and Permitted Encumbrances;
Appears in 4 contracts
Samples: Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.)
Creation of Encumbrances. create or agree to create or permit to exist subsist any Encumbrance over the Vessel Ship (or any share or interest therein) or over the Building Contract, the Guarantee Bond or the Refund Guarantee other than the Encumbrances created or to be created pursuant to this Deed or as contemplated by the Security Documents and Permitted EncumbrancesAgreement;
Appears in 3 contracts
Samples: Supplemental Agreement, Loan Agreement (Euronav NV), Supplemental Agreement (Gala Properties Inc.)
Creation of Encumbrances. create or agree to create or permit to exist subsist any Encumbrance over the Vessel such Additional Ship (or any share or interest therein) or over the Building Contract, the Guarantee Bond or the Refund Guarantee other than the Encumbrances created or to be created pursuant to or as contemplated by the Security Documents and Permitted EncumbrancesDocuments;
Appears in 2 contracts
Samples: Supplemental Agreement (Top Ships Inc.), Facilities Agreement (Aries Maritime Transport LTD)
Creation of Encumbrances. create or agree to create or permit to exist subsist any Encumbrance over the Vessel Ship (or any share or interest therein) or over the Building Contract, the Guarantee Bond or the Refund Guarantee other than the Encumbrances created or to be created pursuant to this Deed or as contemplated by the Security Documents and Permitted EncumbrancesLoan Agreement;
Appears in 2 contracts
Samples: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.)
Creation of Encumbrances. create or agree to create or permit to exist subsist any Encumbrance as a result of an act or omission of the Borrower or any Owner over the Vessel such Additional Ship (or any share or interest therein) or over the Building Contract, the Guarantee Bond or the Refund Guarantee other than the Encumbrances created or to be created pursuant to or as contemplated by the Security Documents and Permitted EncumbrancesDocuments;
Appears in 1 contract
Samples: Facilities Agreement (Omega Navigation Enterprises, Inc.)
