Lay up. Except with approval, the Ship shall not be laid up or deactivated.
Appears in 9 contracts
Samples: Agreement (Navigator Holdings Ltd.), Agreement (Danaos Corp), This Agreement (Diana Shipping Inc.)
Lay up. Except with approval, the a Ship shall not be laid up or deactivated.
Appears in 2 contracts
Lay up. Except with approvalapproval of the Majority Lenders, the Ship shall not be laid up or deactivated.
Appears in 2 contracts
Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)
Lay up. Except with approvalapproval (such approval not to be unreasonably withheld), the no Ship shall not be laid up or deactivated.
Appears in 1 contract