Common use of Flag Clause in Contracts

Flag. The Borrower will not change flag or ship registry of any of the Vessels or allow any of the Vessels to be dually registered without the prior written consent of the Banks.

Appears in 2 contracts

Samples: Loan Agreement (Trico Marine Services Inc), Loan Agreement (Trico Marine Services Inc)

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Flag. The Borrower will shall not change flag or ship registry of any of the Vessels Vessel or allow any of the Vessels Vessel to be dually dual registered without the prior written consent of the Banks, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Eleventh Supplemental Agreement (KNOT Offshore Partners LP)

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Flag. The Borrower will not change flag of the Vessels or ship registry of dual register any of the Vessels or allow any of the Vessels to be dually registered without the prior written consent of the BanksBanks which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Loan Agreement (Trico Marine Services Inc)

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