Examples of Term Indenture in a sentence
While the Owners expect that such charterhire payments and earnings will be sufficient to meet their requirements, substantial unanticipated expenses or increases in expenses that are not payable by Chevron Transport under the Initial Charters could result in the bankruptcy of any Owner which would result in an Indenture Event of Default and a corresponding event of default under the Term Indenture.
So long as the Assignment remains effective, we hereby agree that, upon your notification to us of the occurrence of an Event of Default under the Term Indenture referred to in the Assignment, we shall pay any and all sums which we are legally obligated to pay to the Issuer or otherwise as stated in and according to the Assignment of Charter directly to JPMorgan Chase Bank, NA., ABA # 000000000 for credit to Acct.
See "Management's Discussion and Analysis of Financial Condition--Capital Resources and Liquidity." Upon the occurrence and continuance of such an Indenture Event of Default and event of default under the Term Indenture, all principal and accrued interest on the Serial Mortgage Notes, as well as the Term Mortgage Notes, would become immediately due and payable.
Accordingly, we emphasize the importance of reporting suspected violations in good faith.
Defined in Term Indenture Section ---- ----------------- "Affiliate Transaction".....................................