Quiet Enjoyment Agreement definition

Quiet Enjoyment Agreement means, in respect of a Ship, a letter by the Security Agent addressed to, and acknowledged by, the relevant Charterer of the Ship in an agreed form. Quotation Day means, in relation to any period for which an interest rate is to be determined, two Business Days before the first day of that period unless market practice differs in the Interbank Market for a currency, in which case the Quotation Day for that currency shall be determined by the Agent in accordance with market practice in the Interbank Market (and if quotations would normally be given by leading banks in the Interbank Market on more than one day, the Quotation Day will be the last of those days).
Quiet Enjoyment Agreement means, in respect of each Charter, a letter by the Security Agent addressed to, and acknowledged by, the relevant Charterer and the relevant Owner in the agreed form. Quotation Day means, in relation to any period for which an interest rate is to be determined, two Business Days before the first day of that period unless market practice differs in the Interbank Market for a currency, in which case the Quotation Day for that currency shall be determined by the Agent in accordance with market practice in the Interbank Market (and if quotations would normally be given by leading banks in the Interbank Market on more than one day, the Quotation Day will be the last of those days).
Quiet Enjoyment Agreement means, in relation to a Ship, an agreement to be entered into among the relevant Guarantor, the relevant Charterer, the Approved Manager and the Lender, in such form as the Lender may approve or require, and in the plural means all of them;

Examples of Quiet Enjoyment Agreement in a sentence

  • The Security Agent will promptly duly execute and enter into the Quiet Enjoyment Agreement and return it to the Borrower.

  • On or before January 21, 2019, Administrative Borrower and the other Loan Parties hereby covenant and agree to deliver the Quiet Enjoyment Agreement, in form and substance satisfactory to Administrative Agent, duly authorized, executed and delivered by Petrobras America, Inc.


More Definitions of Quiet Enjoyment Agreement

Quiet Enjoyment Agreement means an agreement to be entered into pursuant to Clause 26.3(b), substantially in the form attached as Schedule VIII.
Quiet Enjoyment Agreement has the meaning given to that expression in Schedule 10.
Quiet Enjoyment Agreement means, to the extent required under a charter contract or similar contract, as determined in the reasonable judgment of the Borrower, with respect to any (a) Effective Date Collateral Rig, a quiet enjoyment agreement in form and substance reasonably satisfactory to the applicable counterparty, and entered into by the counterparty to the applicable charter contract or similar contract, the applicable Collateral Rig Owner and the applicable Agent or (b) other Collateral Rig, a quiet enjoyment agreement entered into by the counterparty to the applicable charter contract or similar contract, the applicable Collateral Rig Owner and the applicable Agent in form and substance reasonably satisfactory to the applicable counterparty and the applicable Agent (at the direction of the Required Lenders).
Quiet Enjoyment Agreement means the quiet enjoyment agreement between (i) the Owners, (ii) the Charterers and (iii) BP Shipping Ltd or any additional agreement to be entered into between the Owners, the Charterers, the new sub-charterers, and the Owners financiers as a result of the Owners’ financing arrangements, cf. Clauses 12 and 48;
Quiet Enjoyment Agreement means any letter agreement entered or to be entered into pursuant to a Charter made between the Security Agent, the relevant Borrower and the relevant Charterer in form and substance reasonably acceptable to the Lenders.
Quiet Enjoyment Agreement means, to the extent required under a charter contract or similar contract, as determined in the reasonable judgment of the Company, with respect to any (a) Effective Date Collateral Rig, a quiet enjoyment agreement substantially in the form attached as Exhibit 1.1(q) entered into by the counterparty to the applicable charter contract or similar contract, the applicable Collateral Rig Owner and the applicable Agent or (b) other Collateral Rig, (i) if there is an agreed form attached to Exhibit 1.1(q) for such counterparty, a quiet enjoyment agreement substantially in the applicable agreed form attached to Exhibit 1.1(q) entered into by the counterparty to the applicable charter contract or similar contract, the applicable Collateral Rig Owner and the applicable Agent or (ii) if no agreed form is available, a quiet enjoyment agreement entered into by the counterparty to the applicable charter contract or similar contract, the applicable Collateral Rig Owner and the applicable Agent in form and substance reasonably satisfactory to the applicable counterparty and the applicable Agent.
Quiet Enjoyment Agreement means the letter by the Security Agent addressed to and acknowledged by the Charterer in respect of the Ship, in substantially the form set out in Appendix D of the Master Agreement.