War. If the country of registration of the Vessel becomes involved in war (whether or not declared) or civil war or is occupied by any other power and the Facility Agent reasonably considers that, as a result, the security conferred by the Facility Security Documents is materially prejudiced; or
Appears in 5 contracts
Samples: Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement
War. If the The country of registration of the a Vessel becomes involved in war (whether or not declared) or civil war or is occupied by any other power and the Facility Agent reasonably in its discretion considers that, as a result, the security conferred by any of the Facility Security Documents is materially prejudiced; or.
Appears in 2 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)
War. If the country of registration of the any Collateral Vessel becomes involved in war involving another sovereign state (whether or not declared) or civil war or is occupied by any other power and the Facility Agent reasonably considers that, as a result, the security conferred by the Facility Transaction Security Documents is materially prejudiced; or.
Appears in 2 contracts
Samples: Facility Agreement (Gulfmark Offshore Inc), Facility Agreement (Gulfmark Offshore Inc)
War. If the The country of registration of the a Vessel becomes involved in war (whether or not declared) or civil war or is occupied by any other power and the Facility Agent reasonably considers thatand, as a result, the security conferred by any of the Facility Security Documents is materially prejudiced; or.
Appears in 1 contract
War. If if the country of registration of the Vessel Vessels, or either of them, becomes involved in war (whether or not declared) or civil war or is occupied by any other power and the Facility Agent reasonably in its discretion considers that, as a result, the security conferred by the Facility Security Documents is materially prejudiced; or
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)