Common use of Notice of Assignment Clause in Contracts

Notice of Assignment. In respect of any Charter, the relevant Owner shall give notice of assignment of the Charter Documents to the other parties to them in the form specified by the Charter Assignment for that Ship promptly following the execution of the Charter Assignment and shall use its reasonable endeavours to ensure that the Agent receives a copy of that notice acknowledged by each addressee in the form specified therein.

Appears in 7 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.), Loan Agreement (Navigator Holdings Ltd.)

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Notice of Assignment. In respect of any Charter, the The relevant Owner shall give notice of assignment of the relevant Charter Documents in respect of the relevant Assignable Charter to the other parties to them such documents in the form specified by the relevant Charter Assignment and/or the relevant Deed of Covenant or General Assignment for that Ship promptly following the execution of the Charter Assignment and shall use its reasonable endeavours to ensure that the Agent receives a copy of that notice acknowledged by each addressee in the form specified thereintherein as soon as possible after the relevant Charter Assignment.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (Danaos Corp)

Notice of Assignment. In respect of any Charter, the relevant Owner shall give notice of assignment of the Charter Documents to the other parties to them in the form specified by the Charter Assignment for that Ship promptly following the execution of the Charter Assignment and shall use its reasonable endeavours best efforts to ensure that the Agent receives a copy of that notice acknowledged by each addressee in the form specified therein.

Appears in 1 contract

Samples: Loan Facility Agreement (Navigator Holdings Ltd.)

Notice of Assignment. In respect of any Charter, the The relevant Owner shall give notice of assignment of the Charter Documents to the other parties to them such documents in the form specified by the Charter Assignment for that the relevant Charter and Ship promptly following the execution of the Charter Assignment and shall use its reasonable endeavours to ensure that the Agent receives a copy of that notice acknowledged by each addressee in the form specified thereintherein as soon as practically possible after the relevant Charter Assignment has been executed and in any event in accordance with clause 22.7.2 (Chartering).

Appears in 1 contract

Samples: Facility Agreement (Quintana Shipping Ltd.)

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Notice of Assignment. In respect of any Charter, the The relevant Owner shall give notice of assignment of the relevant Charter Documents to the other parties to them in the form specified by the Charter Assignment for that Ship promptly following the execution of the Charter Assignment and shall use its commercially reasonable endeavours to ensure ensure, that the Agent receives a copy of that notice acknowledged by each addressee in the form specified thereintherein on or before the date of the Ship’s Mortgage.

Appears in 1 contract

Samples: Facility Agreement (Diana Shipping Inc.)

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