Information on Relevant Charter. The Borrower shall, and shall procure that each Owner shall, immediately inform the Lender if the charterer which has entered into a Relevant Charter with the Borrower or, as the case may be, that Owner is in breach of its obligations under that Relevant Charter.
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Samples: Fourth Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Information on Relevant Charter. The Borrower Borrowers shall, and shall procure that each Owner shall, immediately inform the Lender if the charterer which has entered into a Relevant Charter with the that Borrower or, as the case may be, that Owner is in breach of its obligations under that Relevant Charter.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Information on Relevant Charter. The Borrower Borrowers shall, and shall procure that each Additional Owner shall, immediately inform the Lender if the charterer which has entered into a Relevant Charter with the that Borrower or, as the case may be, that Additional Owner is in breach of its obligations under that Relevant Charter.
Appears in 1 contract