Ship’s employment. Each Ship shall on the first day of the relevant Mortgage Period be free of any charter commitment (other than any Charter if any Charter has been entered into by an Owner) which, if entered into after that date, would require approval under the Finance Documents.
Appears in 7 contracts
Samples: Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd., Facility Agreement (Navigator Holdings Ltd.)
Ship’s employment. Each The Ship shall on the first day of the relevant Mortgage Period be free of any charter commitment (other than any Charter if any Charter has been entered into by an Owner) which, if entered into after that date, would require approval under the Finance Documents.
Appears in 2 contracts
Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)
Ship’s employment. Each Ship shall shall, on the first day of the relevant Mortgage Period Period, be free of any other charter commitment (other than any Charter if any Charter has been entered into by an Owner) which, if entered into after that date, would require approval under the Finance Documents.
Appears in 1 contract
