Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the Vessel.
Appears in 3 contracts
Samples: Preferred Ship Mortgage (Shreveport Capital Corp), Second Preferred Ship Mortgage (HWCC Shreveport Inc), First Preferred Ship Mortgage (HWCC Shreveport Inc)
Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the VesselVessel subject to the terms of the Credit Documents.
Appears in 2 contracts
Samples: First Naval Mortgage (Noble Drilling Corp), First Naval Mortgage (Noble Drilling Corp)
Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the VesselVessel subject to the terms of the Project Documents.
Appears in 2 contracts
Samples: First Naval Mortgage (R&b Falcon Corp), First Preferred Ship Mortgage (R&b Falcon Corp)
Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the each Vessel.
Appears in 1 contract
Samples: First Preferred Fleet Mortgage (HWCC Shreveport Inc)
Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default or Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the VesselVessels.
Appears in 1 contract
Samples: First Preferred Fleet Mortgage (Reading & Bates Corp)
