Common use of No Sales, Transfers or Charters Clause in Contracts

No Sales, Transfers or Charters. The Shipowner will not sell, mortgage, transfer, or change the management of, or demise charter the Vessel for any period longer than twelve (12) months (including any permitted extensions or renewals) in each case, without the written consent of the Mortgagee (not to be unreasonably withheld) first had and obtained, and any such written consent to any one sale, mortgage, demise charter, transfer, or change of management shall not be construed to be a waiver of this provision with respect to any subsequent proposed sale, mortgage, demise charter, transfer, or change of management. Any such sale, mortgage, demise charter, transfer, or change of management of the Vessel shall be subject to the provisions of this Mortgage and the lien hereof.

No Sales, Transfers or Charters. The Shipowner will not sell, mortgage, transfer, or change the management of, or demise charter the Vessel for any period longer than twelve (12) months (including any permitted extensions or renewals) in each case, without the written consent of the Mortgagee (not to be unreasonably withheld) of the Mortgagee first had and obtained, and any such written consent to any one sale, mortgage, demise charter, transfer, or change of management shall not be construed to be a waiver of this provision with respect to any subsequent proposed sale, mortgage, demise charter, transfer, or change of management. Any such sale, mortgage, demise charter, transfer, or change of management of the Vessel shall be subject to the provisions of this Deed, the Mortgage and the lien hereofthereof.

No Sales, Transfers or Charters. The Shipowner will not sell, mortgage, transfer, or change the management of, or demise charter the Vessel for any period or permit the Vessel to be sub-chartered for a period longer than twelve six (126) months (including any permitted extensions or renewals) in each case, without the written consent of the Mortgagee (not to be unreasonably withheld) first had and obtained, and any such written consent to any one sale, mortgage, demise or time charter or sub-charter, transfer, or change of management shall not be construed to be a waiver of this provision with respect to any subsequent proposed sale, mortgage, demise or time charter, transfer, or change of management. Any such sale, mortgage, demise or time charter, sub-charter, transfer, or change of management of the Vessel shall be subject to the provisions of this Mortgage and the lien hereof.

No Sales, Transfers or Charters. The Shipowner will not sell, mortgage, transfer, or change the management of, demise charter or demise otherwise charter the Vessel for any period longer than twelve (12) months (including any permitted extensions or renewals) in each case, without the written consent of the Mortgagee (not to be unreasonably withheld) of the Mortgagee first had and obtained, and any such written consent to any one sale, mortgage, demise charter, transfer, or change of management shall not be construed to be a waiver of this provision with respect to any subsequent proposed sale, mortgage, demise charter, transfer, or change of management. Any such sale, mortgage, demise charter, transfer, or change of management of the Vessel shall be subject to the provisions of this Deed, the Mortgage and the lien hereofthereof.