Common use of No sale of Vessel Clause in Contracts

No sale of Vessel. The Borrower shall not sell or otherwise dispose of the Vessel or any shares in the Vessel nor agree to do so without the prior written consent of the Lender.

Appears in 10 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Credit Facility Agreement (Safe Bulkers, Inc.), Agreement (Safe Bulkers, Inc.)

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No sale of Vessel. The Neither Borrower shall and shall procure that the Collateral Owner shall not sell or otherwise dispose of the its Vessel or any shares in the its Vessel nor agree to do so without the prior written consent of the Lender.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

No sale of Vessel. The Neither Borrower shall not sell or otherwise dispose of the its Vessel or any shares in the its Vessel nor agree to do so without the prior written consent of the LenderAgent.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

No sale of Vessel. The No Borrower shall not sell or otherwise dispose of the its Vessel or any shares in the its Vessel nor agree to do so without the prior written consent of the LenderAgent.

Appears in 1 contract

Samples: Diana Shipping Inc.

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No sale of Vessel. The Borrower shall not sell or otherwise dispose of the Vessel or any shares in the Vessel nor agree to do so without the prior written consent of the Lender, such consent not to be unreasonably withheld.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

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