The Vessels. In respect of each of the Vessels:
The Vessels the Administrative Agent shall have received evidence satisfactory to it that the relevant Vessel:
The Vessels. Each of the Vessels will on each Utilisation Date be:
The Vessels. The Vessels are or will on the relevant Utilisation Date be:
The Vessels. The Facility Agent shall have received evidence satisfactory to it that each Vessel:
The Vessels. The Vessels will on the first Drawdown Date be:
The Vessels. Each Vessel is or will, from (and including) the relevant Acquisition Date, be:
The Vessels. (a) Appraisal reports on the Market Value of the Vessel not being older than one hundred (100) days before the Utilisation Date evidencing compliance with Clause 25.1 (Minimum Market Value);
The Vessels. The Borrowers have entered into or will enter in a memorandum of agreement for the purchase of the Vessels (as defined below).
The Vessels a) evidence that Chaser;