Delivery of Collateral Vessel. The relevant Collateral Vessel Owner shall have received or shall receive substantially simultaneously with funding of the Loans with respect to the relevant Collateral Vessel, title to the relevant Collateral Vessel, and such Collateral Vessel Owner shall at such time be the record and beneficial owner of such Collateral Vessel free and clear of all liens other than the Permitted Liens.
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Samples: Credit Agreement (Athena Spinco Inc.), Credit Agreement (Athena Spinco Inc.)
Delivery of Collateral Vessel. The relevant Collateral Vessel Owner shall have received or shall receive substantially simultaneously with funding of the Loans with respect to the relevant Collateral VesselLoans, title to the relevant Collateral Vessel, and such the Collateral Vessel Owner shall at such time be the record and beneficial owner of such the Collateral Vessel free and clear of all liens other than the Permitted Liens.
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Samples: Global Assignment Agreement (Gener8 Maritime, Inc.)
Delivery of Collateral Vessel. The relevant Each Collateral Vessel Owner shall have received or shall receive substantially simultaneously with funding of the Vessel Loans with respect to the relevant Collateral Vessel, title to the relevant Collateral Vessel, and such Collateral Vessel Owner shall at such time be the record and beneficial owner of such Collateral Vessel free and clear of all liens other than the Permitted Liens.
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Delivery of Collateral Vessel. The relevant Each Collateral Vessel Owner shall have received or shall receive substantially simultaneously with funding of the Loans with respect to the relevant Collateral Vessel, title to the relevant Collateral Vessel, and such Collateral Vessel Owner shall at such time be the record and beneficial owner of such Collateral Vessel free and clear of all liens other than the Permitted Liens.
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