No sale of Vessel. The Borrower shall not sell or otherwise dispose of the Vessel or any shares in the Vessel nor agree to do so without the prior written consent of the Lender.
Appears in 10 contracts
Samples: Secured Loan Agreement (Paragon Shipping Inc.), Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
No sale of Vessel. The Borrower shall not sell or otherwise dispose of the Vessel or any shares in the Vessel nor agree to do so without the prior written consent of the Lender, such consent not to be unreasonably withheld.
Appears in 1 contract
Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.)
No sale of Vessel. The Neither Borrower shall not sell or otherwise dispose of the its Vessel or any shares in the its Vessel nor agree to do so without the prior written consent of the LenderAgent.
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No sale of Vessel. The Neither Borrower shall and shall procure that the Collateral Owner shall not sell or otherwise dispose of the its Vessel or any shares in the its Vessel nor agree to do so without the prior written consent of the Lender.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
No sale of Vessel. The No Borrower shall not sell or otherwise dispose of the its Vessel or any shares in the its Vessel nor agree to do so without the prior written consent of the LenderAgent.
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