Common use of Title to Assigned Property Clause in Contracts

Title to Assigned Property. The Owner is the sole legal and beneficial owner of all rights and interests which each of the Assigned Contracts to which the Owner is a party creates in favour of the Owner.

Appears in 2 contracts

Samples: Supplemental Agreement (TBS International PLC), Supplemental Agreement (TBS International PLC)

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Title to Assigned Property. The Owner is the sole legal and beneficial owner of all rights and interests which each of the Assigned Contracts to which the Owner is a party creates in favour of the Owner.

Appears in 2 contracts

Samples: Credit Agreement (Dynagas LNG Partners LP), Guarantee Facility Agreement (TBS International LTD)

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Title to Assigned Property. The Owner is the sole legal and beneficial owner of all rights and interests which each of the Assigned Contracts to which the Owner is a party creates in favour of the Owner.

Appears in 1 contract

Samples: Senior Secured Post Delivery Term Loan Facility Agreement (Knightsbridge Shipping LTD)

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