Charter Guarantees definition

Charter Guarantees means in relation to each of the Collateral Vessels, any guarantee provided or to be provided by a Charter Guarantor in relation to a Charterer’s obligations under a Charter and “Charter Guarantee” means any of them.
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Charter Guarantees means the guarantees made or to be made by the Charter Guarantor in favour of the relevant Borrower guaranteeing the obligations of the Charterer under each Charter.
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Charter Guarantees means: (a) in respect of each of the V-MAX Vessels, a performance guarantee issued or to be issued by Concordia Maritime AB in favour of the relevant Owner or, at any stage following a change of charterer as contemplated by Clause 11.2.2(iii), Stena AB; and (b) in respect of each of the Stena Vessels, a performance guarantee issued or to be issued by Stena AB in favour of the relevant Owner.
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Examples of Charter Guarantees in a sentence

  • Other than as notified to and agreed by the Administrative Agent in writing, there have been no material amendments to any of the Obligatory Insurance or Management Agreements, and the copies of the Eligible Charters and Charter Guarantees provided to the Administrative Agent prior to the Closing Date are correct and complete (and there have been no material amendments thereto) as of the Closing Date.

  • The Borrowers shall not, unless prior written consent has been obtained from the Agent, be entitled to further assign or pledge the Earnings, the Insurances, the Charter Guarantees and/or the Pledged Accounts.

  • The security constituted by the Security Documents shall be continuing and shall not be satisfied by any intermediate payment or satisfaction until the Indebtedness shall have been repaid in full and none of the Finance Parties shall be under any further actual or contingent liability to any third party in relation to the Vessels, the Insurances, Charters, Charter Guarantees, Earnings or Requisition Compensation or any other matter referred to in the Security Documents.

  • Other than as notified to and agreed by the Administrative Agent in writing, there have been no material amendments to any of the Obligatory Insurance or Management Agreements, and the copies of the Eligible Charters and Charter Guarantees provided to the Administrative Agent prior to the Restatement Date are correct and complete (and there have been no material amendments thereto) as of the Restatement Date.

  • The copies of the Obligatory Insurances, Management Agreement (including the joinders thereto), Eligible Charters and Charter Guarantees provided or Made Available to the Purchasers prior to the Closing are correct and complete (and there have been no material amendments thereto) as of the Closing.

  • Together these improved the range, quality and timely dissemination of statistical data by NISR and the wider National Statistical System (NSS).

  • Part 2 Details of Approved Charterers, Charter Guarantees and Management Agreements as at the date of this Agreement GOLAR SPIRIT Approved Charter Time charter dated 9 September 1983 between Pertamina and Golar Gas Cryogenics Inc.

  • PES Customer Charter Guarantees Percentage of 2007 compensation payments volumeYear 2007Note: The figures for ‘Allowed Revenue’ are provisional figures and for illustrative purposes only.

  • The copies of the Obligatory Insurances, Management Agreement (including the joinders thereto), Eligible Charters and Charter Guarantees provided or Made Available to the Purchasers prior to the Signing Date or the Closing are correct and complete (and there have been no material amendments thereto) as of the Signing Date and Closing, as applicable.

  • The Assignor may not make any variations to the Charter or the Charter Guarantee(s) or release any party of their obligations thereunder or waive any breach of the Charterer's obligations thereunder or consent to any such act of omission of the Charterer as would constitute such breach or terminate the Charter, without the prior written consent of the Agent (on behalf of the Banks).


More Definitions of Charter Guarantees

Charter Guarantees means every, guarantee by the Charter Guarantor of the payment obligations of the Transferor under a Charter, in the form of Exhibit D to this Acquisition Agreement; provided, however, that, if a Vessel is transferred by the Transferor (following a vessel exchange between the Transferor and an Original Owner) directly to the Transferee in accordance with the terms hereof, there shall be no Charter Hire Guarantee in respect of such Vessel. *
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Related to Charter Guarantees

  • Other Guarantees means all guarantees, other than this Preferred Securities Guarantee, to be issued by the Guarantor with respect to preferred securities (if any) similar to the Preferred Securities, issued by trusts other than the Issuer to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Management Guarantees means guarantees (x) of up to an aggregate principal amount outstanding at any time of $25.0 million of borrowings by Management Investors in connection with their purchase of Management Stock or (y) made on behalf of, or in respect of loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary (1) in respect of travel, entertainment and moving-related expenses incurred in the ordinary course of business, or (2) in the ordinary course of business and (in the case of this clause (2)) not exceeding $10.0 million in the aggregate outstanding at any time.

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • Performance Guarantees means specific measurement indicators assigned to Contract tasks representing timeliness and quality of task output.

  • Corporate Guarantee means a guarantee of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party, in the Agreed Form;

  • Note Guarantees means the Guarantees of the Initial Notes and any Additional Notes.

  • Refund Guarantee means a, or if more than one, each refund guarantee arranged by the Yard in respect of a Pre-delivery Installment and provided by one or more financial institutions contemplated by the Construction Contract, or by other financial institutions reasonably satisfactory to the Lead Arrangers, as credit support for the Yard’s obligations thereunder.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Guarantees As defined in the preamble hereto.

  • Corporate Guaranty means a legal document used by an entity to guaranty the obligations of another entity.

  • Seller Guaranty means a guaranty of payment and performance issued by a Seller Guarantor in the form attached to this Agreement as Exhibit V or in such other form as may be acceptable to Purchaser acting reasonably.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Parent Company Guarantee means a guarantee issued in favour of the Operator in substantially the form set out in Schedule 6 (Form of Parent Company Guarantee).

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Securities Guarantees means the Common Securities Guarantee and the Preferred Securities Guarantee.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.

  • Company Guaranty means the Company Guaranty made by the Company in favor of the Administrative Agent and the Lenders, substantially in the form of Exhibit F.

  • Holdings Guaranty means the Holdings Guaranty made by Holdings in favor of the Administrative Agent on behalf of the Secured Parties, substantially in the form of Exhibit F.

  • Performance Guarantee means the security to be provided by the Contractor in accordance with Sub Clause 10.1 for the due performance of the Contract.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Senior Note Indentures means, collectively, the Senior Note (2020) Indenture, the Senior Note (2021) Indenture, the Senior Note (2022) Indenture and the Senior Note (2023) Indenture.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11, and any other guaranty agreement executed and delivered in order to guarantee the Obligations or any part thereof in form and substance reasonably acceptable to the Administrative Agent.

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.