Third party owned equipment. Except with approval, equipment owned by a third party shall not be installed on the Ship if it cannot be removed without risk of causing damage to the structure or fabric of the Ship or incurring significant expense.
Appears in 11 contracts
Samples: Agreement (Navigator Holdings Ltd.), Agreement (Danaos Corp), Facilities Agreement (Navigator Holdings Ltd.)
Third party owned equipment. Except with approvalapproval of the Majority Lenders, equipment owned by a third party shall not be installed on the Ship if it cannot be removed without risk of causing damage to the structure or fabric of the Ship or incurring significant expense.
Appears in 2 contracts
Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)
Third party owned equipment. Except with approvalapproval by the Majority Lenders, equipment owned by a third party shall not be installed on the Ship if it cannot be removed without risk of causing damage to the structure or fabric of the Ship or incurring significant expense.
Appears in 2 contracts
Samples: Facility Agreement (Quintana Shipping Ltd.), DryShips Inc.
Third party owned equipment. Except with approvalapproval (which shall not be unreasonably withheld or delayed), equipment owned by a third party shall not be installed on the a Ship if it cannot be removed without risk of causing damage to the structure or fabric of the that Ship or incurring significant expense.
Appears in 2 contracts
Third party owned equipment. Except with approvalapproval of the Required Lenders, equipment owned by a third party shall not be installed on the a Ship if it cannot be removed without risk of causing damage to the structure or fabric of the such Ship or incurring significant expense.
Appears in 2 contracts
Samples: Agreement (Dorian LPG Ltd.), Agreement (Dorian LPG Ltd.)
Third party owned equipment. Except with approval, equipment Equipment owned by a third party shall not be installed on the Ship a Vessel if it cannot be removed without risk of causing damage to the structure or fabric of the Ship Vessel or incurring significant expense.
Appears in 2 contracts
Samples: Facility Agreement (Pangaea Logistics Solutions Ltd.), Facility Agreement (Quartet Holdco Ltd.)
Third party owned equipment. Except with approval, equipment Equipment owned by a third party shall not be installed on the Ship Vessel if it cannot be removed without risk of causing damage to the structure or fabric of the Ship Vessel or incurring significant expense., except:
Appears in 1 contract
Third party owned equipment. 22.6 Except with approvalapproval (which approval shall not be unreasonably withheld or delayed), equipment owned by a third party shall not be installed on the Ship if it cannot be removed without risk of causing damage to the structure or fabric of the Ship or incurring significant expense.. Maintenance of class; compliance with laws and codes
Appears in 1 contract
Samples: www.lw.com
Third party owned equipment. Except with approval, equipment owned by a third party shall not be installed on the Ship if it cannot be removed without risk of causing material damage to the structure or fabric of the Ship or incurring significant expenseexpense unless the installation of such equipment is contemplated pursuant to the Charter Contract.
Appears in 1 contract
