Shipbuilding Contracts. (a) In relation to each New Ship, a copy of the Shipbuilding Contract relating to that Ship and of all documents signed or issued by the relevant Newbuild Owner which is a party to such Shipbuilding Contract or the Builder (or both of them) under or in connection with it.
Shipbuilding Contracts. (a) make any material change to either Shipbuilding Contract;
Shipbuilding Contracts. The Borrower shall have delivered to the Facility Agent a true and complete copy of each Shipbuilding Contract and evidence satisfactory to the Facility Agent that the Borrower has paid the first thirty five percent (35%) of the Contract Price for each Vessel.
Shipbuilding Contracts. (a) The copies of each Initial Charter, the First Ship A MOA, the Ship A MOA and each Shipbuilding Contract delivered to the Agent before the date of this Agreement are true and complete copies;
Shipbuilding Contracts. Copies of the Shipbuilding Contracts certified by an officer of the Borrowers as being a true and correct copy thereof.
Shipbuilding Contracts. The copies of each Shipbuilding Contract delivered to the Agent before the date of this Agreement are true and complete copies and no amendments or additions to either Shipbuilding Contract have been agreed which would result in a change of specification, classification, the characteristics, type, contract price or scheduled delivery date of the relevant Ship which could reasonably be considered material in the context of this Agreement Provided always that at the date of this Agreement, it is intended that the rights and obligations of the Existing Buyers under their respective Shipbuilding Contracts shall be assigned and transferred to each respective Owner at or prior to the Delivery Date of the relevant Ship under such Shipbuilding Contract.
Shipbuilding Contracts. There has been no amendment to or variations made or agreed with the Builder in respect of the Shipbuilding Contract or the Other Shipbuilding Contract from the date of the Shipbuilding Contract or, as the case may be, the Other Shipbuilding Contract save for those already disclosed in writing to the Facility Agent prior to the date hereof or approved in writing by the Facility Agent (acting on the instructions of the Majority Lenders).
Shipbuilding Contracts. The principal terms of the Shipbuilding Contracts are as follows:
Shipbuilding Contracts. No Borrower shall (without the prior consent of the Agent on behalf of the Majority Lenders which shall not be unreasonably withheld or delayed) agree to any material amendment or variation to the terms and conditions of its Shipbuilding Contract, including, but not limited to, any variation or amendment which may extend the delivery date under such Shipbuilding Contract, or grant any waiver or release to the relevant builder of any of its duties and liabilities under such Shipbuilding Contract other than non-material waivers and releases.
Shipbuilding Contracts. 4.1 Copies of all Shipbuilding Contracts and of all documents signed or issued by each Drillship Owner or the Builder (or both of them) under or in connection with each such agreement.
