Common use of Sale or Other Disposition of Vessel Clause in Contracts

Sale or Other Disposition of Vessel. Except as allowed in the Indenture, the Mortgagor will not sell, mortgage, bareboat charter, transfer or in any other way dispose of all or any part of the Vessel without the prior written consent of the Mortgagee.

Appears in 2 contracts

Samples: First Preferred (HWCC Shreveport Inc), Shreveport Capital Corp

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Sale or Other Disposition of Vessel. Except as allowed in the Trust Indenture, the Mortgagor will not sell, mortgage, bareboat charter, transfer or in any other way dispose of all or any part of the Vessel without the prior written consent of the Mortgagee.

Appears in 2 contracts

Samples: Noble Drilling Corp, Noble Drilling Corp

Sale or Other Disposition of Vessel. Except as expressly allowed in the Trust Indenture, the Mortgagor will not sell, mortgage, bareboat lease, charter, transfer or in any other way dispose of all or any part of the Vessel without the prior written consent of the Mortgagee.

Appears in 1 contract

Samples: R&b Falcon Corp

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Sale or Other Disposition of Vessel. Except as expressly allowed in the Trust Indenture, the Mortgagor will not sell, mortgage, bareboat charter, transfer or in any other way dispose of all or any part of the Vessel without the prior written consent of the Mortgagee.

Appears in 1 contract

Samples: R&b Falcon Corp

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