Ship A definition
Examples of Ship A in a sentence
The undertakings in this Clause 24 (Insurance Undertakings) remain in force, in relation to Ship A and Ship B, on and from the date of this Agreement and, in relation to Ship C, on and from the Delivery Date) and, in each case, throughout the rest of the Security Period except as the Lender may otherwise permit.
The undertakings in this Clause 26 (General Ship Undertakings) remain in force, in relation to Ship A and Ship B, on and from the date of this Agreement and, in relation to Ship C, on and from the Delivery Date) and, in each case, throughout the rest of the Security Period except as the Lender may otherwise permit (such permission not to be unreasonably withheld in the case of paragraphs (c) and (d) of Clause 26.16 (Restrictions on chartering, appointment of managers etc.)).
Any funding structure for the acquisition cost of Ship A is fully evident in the financial statements of Borrower A for the financial year ending on 31 December 2021 provided pursuant to Clause 21.2 (Financial statements).