Deed of Covenant definition

Deed of Covenant means in relation to the Ship the deed of covenant collateral to the Mortgage for the Ship and creating charges over the Ship, its Earnings, Insurances and Requisition Compensation required to be executed hereunder by the Borrower in favour of the Security Trustee in the agreed form;

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

• All references in this Agreement to an agreement, instrument or other document (including the Dealer Agreement, the Deed of Covenant, the Base Prospectus and any Drawdown Prospectus or part thereof) shall be construed as a reference to that agreement, instrument or other document as the same may be amended, supplemented, replaced or novated from time to time.

• The Agency Agreement contains provisions for convening meetings of the Noteholders to consider matters relating to the Notes, including the modification of any provision of the Conditions and the Deed of Covenant.

• This Deed Poll shall be deposited with and held by the Agent until the date on which all the obligations of the Substitute[ and the Guarantor as the case may be] under or in respect of the Notes, the Coupons and the Deed of Covenant (including, without limitation, its obligations under this Deed Poll) have been discharged in full.

• For the avoidance of doubt, no Beneficiary shall be entitled to bring any claim, action or demand in respect of this Deed Poll for any amounts already paid, satisfied or discharged pursuant to the relevant Conditions or the relevant Deed of Covenant prior to the date hereof.

• Terms defined in the Conditions or the Deed of Covenant have the same meanings in this Deed Poll.

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;