Perpetuity period. The trusts constituted by this Agreement are governed by English law and the perpetuity period under the rule against perpetuities, if applicable to this Agreement, shall be the period of 125 years from the date of this Agreement.
Appears in 9 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Star Bulk Carriers Corp.)
Perpetuity period. The trusts constituted by this Agreement are governed by English law law, and the applicable perpetuity period under the rule against perpetuities, if applicable to this Agreement, shall be the period of 125 is 75 years from commencing on the date of this Agreement.
Appears in 4 contracts
Samples: Subordinated Facility Agreement (Diana Containerships Inc.), Facility Agreement (Diana Containerships Inc.), Subordinated Facility Agreement (Diana Shipping Inc.)
