Assignment of Earnings and Insurances definition

Assignment of Earnings and Insurances shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

Assignment of Earnings and Insurances means the assignment between the Owner and the Indenture Trustee, as amended from time to time in accordance with the terms thereof, pursuant to which the Owner collaterally assigns to the Indenture Trustee all of the Owner's right, title and interest in, to and under the freights and hires (as well as any charters entered into after the Delivery Date) with respect to the Vessel to secure its obligations under the Indenture.

Assignment of Earnings and Insurances means an assignment of earnings and insurances to be entered into by the Borrower in favour of the Security Trustee pursuant to paragraph 2, Part 2 of the First Schedule;

Examples of Assignment of Earnings and Insurances in a sentence

• The provisions of clause 3.1 of the Assignment of Earnings and Insurances shall apply mutatis mutandis to this Assignment as if set out herein and as if references therein to “this Deed” were references to this Assignment.

• Interviews are conducted by computer assisted personal interviewing (CAPI).

• The assigning Lender and the assignee thereof shall execute and deliver to Administrative Agent and, if the assignee is not a Lender Affiliate, the Borrower an Assignment Agreement, together with such forms, certificates or other evidence, if any, with respect to United States federal income tax withholding matters as the assignee under such Assignment Agreement may be required to deliver to Administrative Agent.

• This Assignment shall be read together with the Assignment of Earnings and Insurances but in case of any conflict between the two instruments the provisions of the Assignment of Earnings and Insurances shall prevail.

• Words and expressions defined in the Assignment of Earnings and Insurances (whether expressly or by reference to the Mortgage and/or the Credit Agreement) shall, unless otherwise defined in this Assignment, or the context otherwise requires, have the same meanings when used in this Assignment.

More Definitions of Assignment of Earnings and Insurances

Assignment of Earnings and Insurances means the assignment of earnings and insurances of the Vessels in such form as the Lender may agree or require in its reasonable discretion, and in the plural means all of them;

Assignment of Earnings and Insurances means, with respect to a Vessel, one or more assignments between a Liner, manager, bareboat charterer, Borrower, Guarantor or any other Person that has a leasehold interest or ownership interest in a Vessel or control over the Earnings or Insurances with respect to such Vessel and the Agent, on behalf of the Lenders, as the same from time to time may be amended, restated, supplemented, renewed or otherwise modified, in each case in accordance with the terms thereof, pursuant to which such Person assigns to the Agent, on behalf of the Lenders, all of its right, title and interest in, to and under the Earnings and Insurances with respect to such Vessel.

Assignment of Earnings and Insurances means either of them;

Assignment of Earnings and Insurances means the assignment of earnings and insurances of the Vessel in such form as the Lender may agree or require in its reasonable discretion;

Assignment of Earnings and Insurances means an assignment between the Borrower or a Subsidiary Guarantor and the Agent, on behalf of the Lenders, as the same from time to time may be amended, restated, modified, supplemented or renewed, in each case in accordance with the terms thereof, pursuant to which the Borrower or such Subsidiary Guarantor assigns to the Agent, on behalf of the Lenders, all of its right, title and interest in, to and under the Earnings and Insurances with respect to its Vessel.

Assignment of Earnings and Insurances means, for each Vessel, the Assignment of Earnings and Insurances, dated as of the Delivery Date for such Vessel, between the related Owner and the Indenture Trustee, as the same may be amended from time to time, pursuant to which such Owner collaterally assigns its right, title and interest in the earnings and insurances on such Vessel to the Indenture Trustee.

Assignment of Earnings and Insurances means the assignment of earnings and insurances of the Collateral Vessel in such form as the Lender may agree or require in its reasonable discretion;