Deed of Covenant means a deed of covenant collateral to a mortgage on a Ship to be executed in favour of the Security Trustee by the Owner of the relevant Ship in such form as the Lenders may approve or require and, in the plural means all of them;
Deed of Covenant means the Deed of Covenant, dated on or about the date of this Agreement, executed by the Issuer in respect of Global Notes issued under the Agency Agreement.
Deed of Covenant means, in relation to each Ship which is registered on the Cayman Islands flag, a deed of covenant collateral to the Mortgage on that Ship to be executed in favour of the Security Trustee by the Owner of the relevant Ship in such form as the Lenders may approve or require and, in the plural means all of them;
Examples of Deed of Covenant in a sentence
If any such Earnings are held by brokers or other agents, they shall be duly accounted for and paid to the Security Agent, if it requires this after the Earnings have become payable to it under the Ship's General Assignment or Deed of Covenant.
The relevant Owner's Earnings from the Ship shall be paid in the way required by the Ship's General Assignment or Deed of Covenant.
More Definitions of Deed of Covenant
Deed of Covenant means, in relation to a Ship, if required by the laws of the Approved Flag of that Ship, a deed of covenant collateral to the Mortgage over that Ship and creating Security over that Ship in agreed form.
Deed of Covenant means any one of them.
Deed of Covenant means the deed of covenant, dated the date hereof, executed by the Issuers in respect of Global Notes issued pursuant to the Agency Agreement, as such deed may be amended or supplemented from time to time.
Deed of Covenant means the deed of covenant in respect of the Aircraft substantially in the form set out in Part B of Schedule 6. Delivery means the delivery of, sale and transfer of title to the Aircraft in accordance with Clause 7.
Deed of Covenant means a first deed of covenant by the Borrower in favour of the Security Agent in the agreed form.
Deed of Covenant means the deed of covenant relating to the Notes to be executed by the Issuer on the Issue Date, as amended or supplemented from time to time;
Deed of Covenant means the deed of covenant collateral to the Mortgage executed or (as the context may require) to be executed by the Borrower in favour of the Bank in substantially the form set out in schedule 6 or in such other form as the Bank may in its absolute discretion require;