Common Contracts

2 similar Termination of Assignment contracts by California Petroleum Transport Corp, Calpetro Tankers (Bahamas Iii) LTD

TERMINATION OF ASSIGNMENT OF EARNINGS AND INSURANCES
Termination of Assignment • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York

THIS TERMINATION AGREEMENT (this "Termination") is made and entered into as of April 8, 2010, by and between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED, a company organized under the laws of the Bahamas (the "Owner"), and (ii) CALIFORNIA PETROLEUM TRANSPORT CORPORATION, a company organized under the laws of the state of Delaware ("CPTC"), to the assignment of earnings and insurances dated as of April 1, 1995 between the Owner and CPTC (the "Assignment"). Capitalized terms used herein without definition shall have the respective meanings ascribed thereto (or incorporated by reference) in the Assignment, which also contains rules of usage that apply to terms defined therein and herein.

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TERMINATION OF ASSIGNMENT OF EARNINGS AND INSURANCES
Termination of Assignment • April 16th, 2010 • California Petroleum Transport Corp • Petroleum refining • New York

THIS TERMINATION AGREEMENT (this "Termination") is made and entered into as of April 8, 2010, by and between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED, a company organized under the laws of the Bahamas (the "Owner"), and (ii) CALIFORNIA PETROLEUM TRANSPORT CORPORATION, a company organized under the laws of the state of Delaware ("CPTC"), to the assignment of earnings and insurances dated as of April 1, 1995 between the Owner and CPTC (the "Assignment"). Capitalized terms used herein without definition shall have the respective meanings ascribed thereto (or incorporated by reference) in the Assignment, which also contains rules of usage that apply to terms defined therein and herein.

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