Common use of No amendment to Shipbuilding Contracts Clause in Contracts

No amendment to Shipbuilding Contracts. The Borrower will ensure that neither Owner shall agree to any amendment or supplement to, or waive or fail to enforce, either Shipbuilding Contract or any of its provisions.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

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No amendment to Shipbuilding Contracts. The Borrower will ensure that neither Owner shall not agree to any amendment amendment, variation or supplement to, or waive or fail to enforce, either the Shipbuilding Contract or any of its provisionsthe provisions thereof.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

No amendment to Shipbuilding Contracts. The No Borrower will ensure that neither Owner shall agree to any amendment material amendment, change of price or material supplement to, or waive or fail to enforce, either the Shipbuilding Contract to which it is a party or any of its provisions, without the prior written consent of the Lender.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

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No amendment to Shipbuilding Contracts. The No Borrower will ensure that neither Owner shall agree agree, without the prior written consent of the Lender, to any material amendment or supplement to, or waive or fail to enforce, either the Shipbuilding Contract to which it is a party or any of its provisions.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

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