Common use of Security Enforceable Clause in Contracts

Security Enforceable. Any Security Interest (other than a Permitted Maritime Lien) in respect of Charged Property becomes enforceable.

Appears in 10 contracts

Samples: Facility Agreement (Danaos Corp), Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Cool Co Ltd.)

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Security Enforceable. Any Security Interest (other than a Permitted Maritime Lien) in respect of Charged Property becomes enforceable.

Appears in 8 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.), Loan Agreement (Navigator Holdings Ltd.)

Security Enforceable. Any Security Interest (other than a Permitted Maritime Lien) in respect of Charged Property becomes enforceable.. ​ ​

Appears in 1 contract

Samples: Facility Agreement (Danaos Corp)

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Security Enforceable. Any Security Interest (other than a Permitted Maritime Lien) in respect of Charged Property any Charterer Security Asset becomes enforceable.

Appears in 1 contract

Samples: Bareboat Charter Amendment (Pangaea Logistics Solutions Ltd.)

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