Charterparty Assignment definition

Charterparty Assignment means, in relation to a Ship, the deed of assignment of any Charterparty in favour of the Security Trustee, in such form as the Lenders may approve or require;
Charterparty Assignment means, in relation to an Assignable Charter, a first priority assignment of the rights of the relevant Borrower under that Assignable Charter and any related Charter Guarantee executed or to be executed by that Xxxxxxxx in favour of the Security Agent in agreed form.
Charterparty Assignment means an assignment of a Charter executed or to be executed by the Borrower in favour of the Lender in the Agreed Form;

Examples of Charterparty Assignment in a sentence

  • The Borrowers shall, and procure that the Guarantors shall, pay and, within three Business Days of demand, indemnify each Secured Party against any cost, loss or liability which that Secured Party incurs in relation to all stamp duty, registration and other similar Taxes payable in respect of any Finance Document, including, without limitation, any Charterparty Assignment, any Tripartite Assignment and any Guarantee.


More Definitions of Charterparty Assignment

Charterparty Assignment means, in relation to an Assignable Charter, an assignment of the rights of the Owner who is a party to that Assignable Charter under that Assignable Charter and any guarantee of such Assignable Charter executed or to be executed by that Owner in favour of the Security Trustee in the Agreed Form and, in the plural, means all of them;
Charterparty Assignment means, in relation to each Charterparty, a specific deed of assignment of the rights, title and interests of the Borrower who is a party to that Charterparty in respect of that Charterparty in the Agreed Form;
Charterparty Assignment means, in relation to:
Charterparty Assignment means, in relation to an Assignable Charter, an assignment of the rights of the Borrower who is a party to that Assignable Charter under that Assignable Charter and any guarantee of such Assignable Charter executed or to be executed by that Borrower in favour of the Security Trustee in the Agreed Form and, in the plural, means all of them;
Charterparty Assignment means, in relation to an Assignable Charter, an assignment of the rights of the Owner which is a party to that Assignable Charter and any guarantee of such Assignable Charter executed or, as the context may require, to be executed by that Owner in favour of the Security Trustee in the Agreed Form and, in the plural, means all of them;
Charterparty Assignment means, in respect of a Charter and any guarantee of that Charter (to the extent that such guarantee is available), an assignment of the rights and interests of the Owner which is party to that Charter in respect of that Charter and any related guarantee (to the extent that such guarantee is available) to be executed by that Owner in favour of the Security Trustee in the Agreed Form;
Charterparty Assignment means an assignment of the rights of the Borrower under any Assignable Charter and any guarantee of such Assignable Charter executed or to be executed by the Borrower in favour of the Security Trustee in the Agreed Form and, in the plural, means all of them;