Election to Retain Title. If the Owner Trust shall elect to ------------------------ retain title to the Vessel Interest pursuant to Section 18(e) of the Charter, the Owner Participant will cause the Owner Trust to perform its obligations under Section 18(e) in accordance with the terms thereof.
Appears in 4 contracts
Samples: Participation Agreement (Mobil Corp), Participation Agreement (Mobil Corp), Participation Agreement (Mobil Corp)
Election to Retain Title. If the Owner Trust shall elect to ------------------------ retain title to the Vessel Interest pursuant to Section 18(e) of the Charter, the Owner Participant will cause the Owner Trust to perform its obligations under Section 18(e) in accordance with the terms thereof.
Appears in 2 contracts
Samples: Participation Agreement (Mobil Corp), Participation Agreement (Mobil Corp)
