REFLAGGING NOTICE Clause Samples

REFLAGGING NOTICE. At any time and from time to time during the Security Period provided that no Event of Default has occurred and is continuing, the Borrower may give a notice (a "REFLAGGING NOTICE") to the Agent that the Shipowner of a Mortgaged Ship or Mortgaged Linkspan wishes:- (i) to transfer the port of registry of such Ship or Linkspan from one port of registry (the "EXISTING PORT OF REGISTRY") in the Ship's or Linkspan's Flag State to another port of registry (a "NEW PORT OF REGISTRY") in such Flag State (a "TRANSFER OF PORT OF REGISTRY"); or (ii) to redocument and reregister such Ship or Linkspan under the laws of any jurisdiction (the "NEW FLAG STATE") other than its existing Flag State (the "EXISTING FLAG STATE") (a "TRANSFER OF FLAG"); or (iii) to transfer ownership of such Ship or Linkspan to the sole ownership of another member of the Stena AB Group (the "NEW Owner") (a "TRANSFER OF OWNERSHIP"); or (iv) to suspend the use of the flag of such Ship's or Linkspan's Flag State (the "PRIMARY FLAG STATE") while such Ship or Linkspan is on bareboat charter and where it is proposed that, for the duration of such bareboat charter, such Ship or Linkspan will fly the flag of another jurisdiction (the "SECONDARY FLAG STATE") selected by such charterer (a "DUAL REGISTRATION").
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REFLAGGING NOTICE. At any time and from time to time during the Security Period provided that no Event of Default has occurred and is continuing, the Borrower may give a notice (a "REFLAGGING NOTICE") to the Agent that the Shipowner of a Mortgaged Ship or Mortgaged Linkspan wishes:-
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Related to REFLAGGING NOTICE

  • Sale Notice Parent shall provide the Holder with written notice (the “Tag-Along Sale Notice”) not more than sixty (60) nor less than twenty (20) days prior to the proposed date of the Tag-Along Sale (the “Tag-Along Sale Date”). Each Tag-Along Sale Notice shall set forth: (i) the name and address of each proposed transferee or purchaser of shares in the Tag-Along Sale; (ii) the number of shares proposed to be transferred or sold by Parent; (iii) the proposed amount and form of consideration to be paid for such shares and the terms and conditions of payment offered by each proposed transferee or purchaser; (iv) the aggregate number of shares of Common Stock held of record as of the close of business on the day immediately preceding the Tag-Along Notice Date by Parent; (v) the Management Investor’s Allotment assuming the Holder elected to sell the maximum number of shares of Common Stock possible; (vi) confirmation that the proposed purchaser or transferee has been informed of the “Tag-Along Rights” provided for herein and has agreed to purchase shares of Common Stock in accordance with the terms hereof and (vii) the Tag-Along Sale Date.

  • CAFA Notice Pursuant to 28 U.S.C. § 1715, not later than ten (10) days after the Agreement is filed with the Court, the Settlement Administrator shall cause to be served upon the Attorneys General of each U.S. State in which Settlement Class members reside, the Attorney General of the United States, and other required government officials, notice of the proposed settlement as required by law, subject to Paragraph 5.1 below.

  • Funding Notice Administrative Agent shall have received a fully executed and delivered Funding Notice.

  • Drag-Along Notice Prior to making any Drag-Along Sale in which the Drag-Along Shareholders wish to exercise their rights under this Section 5, the Drag-Along Shareholders shall provide the Company and the Dragged Shareholders with written notice (the “Drag-Along Notice”) not less than thirty (30) days prior to the proposed date of closing of the Drag-Along Sale (the “Drag-Along Sale Date”). The Drag-Along Notice shall set forth: (a) the name and address of the purchasers; (b) the proposed amount and form of consideration to be paid, and the terms and conditions of payment offered by each of the purchasers; (c) the Drag-Along Sale Date; (d) the number of shares held of record by the Drag-Along Shareholders on the date of the Drag-Along Notice which form the subject to be transferred, sold or otherwise disposed of by the Drag-Along Shareholders; and (e) the number of Shares of the Dragged Shareholders to be included in the Drag-Along Sale, as applicable. In the event that the Drag-Along Sale Date does not occur within ninety (90) days after the date of the Drag-Along Notice, the shareholders of the Company shall have no obligations to sell their Shares unless they receive a new Drag-Along Notice or otherwise agree with the purchaser(s) in writing.

  • Offer Notice (i) The Company shall give written notice (the “Offering Notice”) to the Sponsor stating its bona fide intention to offer the New Equity Securities and specifying the number of New Equity Securities and the material terms and conditions, including the price, pursuant to which the Company proposes to offer the New Equity Securities. (ii) The Offering Notice shall constitute the Company’s offer to sell the New Equity Securities to the Sponsor, which offer shall be irrevocable for a period of three (3) business days (the “ROFO Notice Period”).