Common use of Time Charter Assignment Clause in Contracts

Time Charter Assignment. If a Borrower enters into any Charterparty, that Borrower shall, at the request of the Agent, execute in favour of the Security Trustee a Charterparty Assignment, and shall deliver to the Agent such other documents equivalent to those referred to at paragraphs 3, 4 and 5 of Part A and 6 of Part B of Schedule 3 hereof as the Agent may require.

Appears in 3 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

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Time Charter Assignment. If a any Borrower enters into any CharterpartyCharterparty in respect of its Ship, that the relevant Borrower shall, at the request of the Agent, shall execute in favour of the Security Trustee a Charterparty Assignment, and shall deliver to the Facility Agent such other documents equivalent to those referred to at paragraphs 3, 4 4, 5 and 5 7 of Part A and 6 of Part B of Schedule 3 hereof as the Facility Agent may require.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Time Charter Assignment. If a the Borrower enters into any Charterpartyfurther Charterparty in addition to the Existing Charter, that the Borrower shall, at the request of the Agent, execute in favour of the Security Trustee a Charterparty Assignment, and shall deliver to the Agent such other documents equivalent to those referred to at paragraphs 3, 4 and 5 of Part A and 6 of Part B of Schedule 3 hereof as the Agent may require.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Containers Inc.)

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Time Charter Assignment. If a Borrower enters into any Charterparty, that Borrower shall, at the request of the Agent, execute in favour of the Security Trustee a Charterparty Assignment, and shall deliver to the Agent such other documents equivalent to those referred to at paragraphs 3, 4 and 5 of Part A and 6 1 of Part B of Schedule 3 (Condition Precedent Documents) hereof as the Agent may require.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

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