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: Agreement (Stena Ab), Agreement (Stena Ab)

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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)

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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)

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