Common use of TRANSFERRED SHIPS Clause in Contracts

TRANSFERRED SHIPS. On each Disposal Reduction Date applicable to a Transferred Ship, the Commitments shall, subject to Clause 9.3(E), be reduced by the relevant Disposal Reduction Amount.

Appears in 2 contracts

Samples: Loan Agreement (Stena Ab), Loan Agreement (Stena Ab)

AutoNDA by SimpleDocs

TRANSFERRED SHIPS. On each Disposal Reduction Date applicable to a Transferred Ship, the Commitments shall, subject to Clause 9.3(E9.4(E), be reduced by the relevant Disposal Reduction Amount.

Appears in 1 contract

Samples: Facility Agreement (Stena Ab)

AutoNDA by SimpleDocs

TRANSFERRED SHIPS. On each Disposal Reduction Date applicable to a Transferred Ship, the Commitments shall, subject to Clause 9.3(E5.3(E), be reduced by the relevant Disposal Reduction Amount.

Appears in 1 contract

Samples: Facility Agreement (Stena Ab)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!