Common use of Sale or other disposal Clause in Contracts

Sale or other disposal. not without the prior written consent of the Mortgagee (and then only subject to such terms as the Mortgagee may impose) to sell, agree to sell, transfer, abandon or otherwise dispose of the Ship or any share or interest therein;

Appears in 2 contracts

Samples: On Delivery Facility Agreement (Paragon Shipping Inc.), Facility Agreement (Globus Maritime LTD)

AutoNDA by SimpleDocs

Sale or other disposal. not without the prior written previous consent in writing of the Mortgagee Mortgagee, which shall not be unreasonably withheld (and then only subject to such terms as the Mortgagee may impose) to sell, agree to sell, transfer, abandon sell or otherwise dispose of the Ship or any share or interest therein;

Appears in 2 contracts

Samples: Deed of Covenant (FreeSeas Inc.), Deed of Covenant (FreeSeas Inc.)

Sale or other disposal. not Not without the prior written previous consent in writing of the Mortgagee (and then only subject to such terms as the Mortgagee may impose) to sell, agree to sell, transfer, abandon sell or otherwise dispose of the Ship Vessel or any share or interest therein;.

Appears in 1 contract

Samples: First Preferred Ship Mortgage (FreeSeas Inc.)

Sale or other disposal. not without the prior written consent of the Mortgagee (and then only subject to such terms conditions as the Mortgagee may impose) to sell, agree to sell, transfer, abandon or otherwise dispose of the Ship or any share or interest therein;

Appears in 1 contract

Samples: On Delivery Buyer Credit Facility Agreement (DryShips Inc.)

AutoNDA by SimpleDocs

Sale or other disposal. it will not without the prior written consent of the Mortgagee (and then only subject to such terms conditions as the Mortgagee may impose) to sellself, agree to sell, transfer, abandon or otherwise dispose of the Ship or any share or interest therein;

Appears in 1 contract

Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!