Deed of Covenants definition

Deed of Covenants means the deed of covenants referred to in Clause 11.1.1.

Deed of Covenants means each deed of covenants collateral to a Vessel Mortgage, each substantially in the form of Exhibit G-1 or Exhibit G-2 or otherwise reasonably satisfactory to the Administrative Agent.

Deed of Covenants means a deed of covenants collateral to the Mortgage executed by the Borrower in respect of the Mortgage (if relevant), in the terms and form as the Agent on behalf of the Lenders and the Swap Banks may require.

Examples of Deed of Covenants in a sentence

• The Collateral Agent shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretions vested in it by this Deed, the Credit Agreement, the Mortgage (including the power vested in it by clause 13 of the Deed of Covenants) or any of the other Security Documents in such manner, upon such terms, and to such persons as the Collateral Agent in its absolute discretion may think fit.

• If any legal proceedings shall be taken to enforce any right of Mortgagee under the Mortgage or this Deed of Covenants, the Mortgagee shall be entitled as a matter of right to the appointment of a receiver of such Vessel and of the freights, hire, earnings, issues, revenues, income and profits due or to become due and arising from the operation thereof.

• Section 1.1 For purposes of this Deed of Covenants, the following terms shall have the respective meanings given to them below.

• Section 3.9 Section 19 of the Conveyancing and Law of Property Act or the equivalent provisions of any subsequent amending or consolidating act shall not apply to this Deed of Covenants.

• Any such invalidity or unenforceability of any provision of this Deed of Covenants in any jurisdiction or nation shall not render such provision invalid or unenforceable under the Legal Requirements of any other jurisdiction or nation.

More Definitions of Deed of Covenants

Deed of Covenants means the deed of covenants collateral to the Vessel Mortgage, substantially in the form of Exhibit G or otherwise reasonably satisfactory to the Administrative Agent.

Deed of Covenants means, in respect of a Collateral Vessel, the deed of covenants entered into or to be entered into by the relevant Vessel Owner and the Security Trustee collateral to the Mortgage over that Collateral Vessel.

Deed of Covenants means the deed of covenants referred to in Clause 17.1(a) (Security Documents).

Deed of Covenants means the deed of covenants in respect of each relevant Vessel, executed by the relevant Vessel Owning Entity in favor of the Security Trustee, pursuant to Section 4.1(j), substantially in the form set out in Exhibit C-5 or C-6, as the case may be, or such other deed of covenants acceptable to all Lenders;

Deed of Covenants means, in respect of each Mortgage, the deed of covenants collateral thereto required to be executed hereunder by the relevant Owner in favour of the Lender, in such form as the Lender may require in its sole discretion;

Deed of Covenants means, in relation to each Vessel, the deed of covenants more particularly described in Schedule 6 (Security Documents).

Deed of Covenants means the first priority deed of covenant collateral to the Mortgage executed or, as the context may require, to be executed by the Borrower in favour of the Facility Security Trustee, in the Agreed Form.