Common use of No amendment to Shipbuilding Contract Clause in Contracts

No amendment to Shipbuilding Contract. The Borrower will not agree to any material amendment or supplement to, nor waive or fail to enforce, the Shipbuilding Contract or any of its provisions without the prior written consent of the Agent (acting with the authorisation of the Majority Lenders) (such consent and authorisation not to be unreasonably withheld) save that the Borrower may, without requiring such consent of the Agent, agree with the Builder to amend the Shipbuilding Contract if such amendment:

No amendment to Shipbuilding Contract. The Borrower will not agree to any material amendment or supplement to, nor or waive the Supervision Agreement or fail to enforce, the Shipbuilding Contract or any of its their provisions without the prior written consent of the Agent (acting with the authorisation of the Majority Lenders) (such consent and authorisation not to be unreasonably withheld) save that the Borrower may, may without requiring such consent of the Agent, agree with the Builder to amend the Shipbuilding Contract if such amendment: