Common use of Right of Peaceful Enjoyment Clause in Contracts

Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the Vessel.

Appears in 3 contracts

Samples: First Preferred (HWCC Shreveport Inc), HWCC Shreveport Inc, Shreveport Capital Corp

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Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the VesselVessel subject to the terms of the Project Documents.

Appears in 2 contracts

Samples: R&b Falcon Corp, R&b Falcon Corp

Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the VesselVessel subject to the terms of the Credit Documents.

Appears in 2 contracts

Samples: Noble Drilling Corp, Noble Drilling Corp

Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default or Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the VesselVessels.

Appears in 1 contract

Samples: First Preferred (Reading & Bates Corp)

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Right of Peaceful Enjoyment. During the term of this Mortgage and so long as no Event of Default shall have occurred and be continuing, the Mortgagor shall have full and peaceful enjoyment, use, right to possession and control of the each Vessel.

Appears in 1 contract

Samples: First Preferred Fleet (HWCC Shreveport Inc)

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