Proviso. (i) It is hereby agreed that each of the events set out in Clause 16.1(i), (vi), (vii), (viii), (ix), (xiii) and (xiv) shall not be an Event of Default if it occurs in relation to the Initial Charterer after the termination of the Initial Charter as a result of the obligations thereunder having been fully performed by the Initial Charterer in accordance with the terms specified therein; and
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Samples: Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)
Proviso. (i) It is hereby agreed that each of the events set out in Clause 16.1(i), (vi), (vii), (viii), (ix), (xiii) and (xiv) shall not be an Event of Default if it occurs in relation to the Initial Charterer after the termination of the Initial Charter as a result of the obligations thereunder having been fully performed by the Initial Charterer in accordance with the terms specified therein; and.
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