Prepayment if Event of Loss. In the event that the Vessel suffers an Event of Loss, then and in each such case the Shipowner shall forthwith repay the Indebtedness hereby secured at the time and in the amount set forth in Section 4.02(c) of the Credit Agreement except to the extent such amounts have otherwise been paid as therein provided.
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Samples: Intercreditor Agreement (Gener8 Maritime, Inc.), General Maritime Corp/, General Maritime Corp/
Prepayment if Event of Loss. In the event that the Vessel suffers an Event of Loss, then and in each such case the Shipowner shall forthwith repay the Indebtedness hereby secured at the time and in the amount set forth in Section 4.02(c5.02(c) of the Credit Agreement except to the extent such amounts have otherwise been paid as therein provided.
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Prepayment if Event of Loss. In the event that the Vessel suffers an Event of Loss, then and in each such case the Shipowner shall forthwith repay the Indebtedness hereby secured at the time and in the amount set forth in Section 4.02(c3.03(b) of the Credit Agreement except to the extent such amounts have otherwise been paid as therein provided.
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Samples: Pledge and Security Agreement (Genco Shipping & Trading LTD)
Prepayment if Event of Loss. In the event that the Vessel suffers an Event of Loss, then and in each such case the Shipowner shall forthwith repay the Indebtedness hereby secured at the time and in the amount set forth in Section 4.02(c4.02(b) of the Credit Agreement except to the extent such amounts have otherwise been paid as therein provided.
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Samples: Pledge and Security Agreement (Genco Shipping & Trading LTD)
Prepayment if Event of Loss. In the event that the Vessel Rig suffers an Event of Loss, then and in each such case the Shipowner shall forthwith repay the Indebtedness hereby secured at the time and in the amount set forth in Section 4.02(c) 2.10 of the Credit Agreement except to the extent such amounts have otherwise been paid as therein provided.
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Samples: Credit Agreement (Transocean Ltd.)