Common use of Conveyance on default Clause in Contracts

Conveyance on default. Where the Ship is (or is to be) sold in exercise of any power conferred by the Security Documents, the relevant Owner shall, upon the Agent’s request, immediately execute such form of transfer of title to the Ship as the Agent may require.

Conveyance on default. Where the Ship is (or is to be) sold in exercise of any power conferred by the Security Documents, the relevant Owner shall, upon the Agent’s 's request, immediately execute such form of transfer of title to the Ship as the Agent may require.

Conveyance on default. Where the Ship is (or is to be) sold in exercise of any power conferred by the Security Documents, the relevant Owner Borrower shall, upon the Agent’s request, immediately execute such form of transfer of title to the Ship as the Agent may require.

Conveyance on default. Where where the Ship is (or is to be) sold in exercise of any power contained in this Deed or otherwise conferred by the Security Finance Documents, it will immediately execute, forthwith upon request by the relevant Owner shallSecurity Agent, upon the Agent’s request, immediately execute such form of transfer of title to the Ship as the Security Agent may require.; and

Conveyance on default. Where the a Ship is (or is to be) sold in exercise of any power conferred by the Security Documents, the relevant Owner shall, upon the Agent’s request, immediately execute such form of transfer of title to the that Ship as the Agent may require.. 100

Conveyance on default. Where the Ship is (or is to be) sold in exercise of any power conferred by the Security Documents, the relevant Owner shall, upon the AgentLender’s request, immediately execute such form of transfer of title to the Ship as the Agent Lender may require.

Conveyance on default. 22.9 Where the Ship is (or is to be) sold in exercise of any power conferred by the Security Documents, the relevant Owner shall, upon the Agent’s 's request, immediately execute such form of transfer of title to the Ship as the Agent may require.

Conveyance on default. Where where the Ship is (or is to be) sold in exercise of any power contained in this Deed or otherwise conferred by the Security Finance Documents, it will immediately execute, forthwith upon request by the relevant Owner shallSecurity Agent, upon the Agent’s request, immediately execute such form of transfer of title to the Ship as the Security Agent may require.: and

Conveyance on default. Where the New Ship is (or is to be) sold in exercise of any power contained in the Pre-Delivery Security Assignment or otherwise conferred by on the Security DocumentsAgent, the relevant Owner shallshall execute, immediately upon the Agent’s request, immediately execute such form of transfer conveyance of title to the New Ship as the Agent may require.

Conveyance on default. Where the Ship Vessel is (or is to be) sold in exercise of any power conferred by the Security Secured Debt Documents, the relevant Owner shall, upon the Security Agent’s request, immediately execute such form of transfer of title to the Ship Vessel as the Security Agent may require.