Assignment of Charter Hire definition

Assignment of Charter Hire. Drilling Contract, Revenues and Earnings" shall mean that certain Assignment of Charter Hire, Drilling Contract, Revenues and Earnings dated of even date herewith from Deep Seas to Agent on behalf of the Banks, assigning to the Banks all of Deep Seas' interest in day rate payments, freights, charter hire and other monies earned or to be earned arising out of any charter parties, drilling contracts or as a result of the ownership, chartering and other operations of any kind whatsoever relating to the Rigs and certain other rights and obligations arising pursuant to such agreements. Said assignment secures the obligations of the Borrowers under this Agreement.
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Assignment of Charter Hire means, for each Borrower and for Sherwood, that certain Assignment of Charter Hire by Borrower or Sherwood in favor of Lender, as applicable, and that certain Assignment of Charter Hire by Charterer, by the assignors party thereto, in favor of Lender, each related to the Vessel owned by the Borrower or Sherwood, as applicable and dated as of the date of the Borrower’s or Sherwood’s Ship Mortgage, as amended, supplemented and modified from time to time in accordance with the terms thereof. “Assignments of Charter Hire” shall collectively refer to all Assignments of Charter Hire.
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Assignment of Charter Hire. Drilling Contract, Revenues and Earnings" shall mean those certain Assignments of Charter Hire, Drilling Contract, Revenues and Earnings dated of even date herewith from Borrower and Australia to Agent on behalf of the Banks, assigning to the Banks all of Borrower's and Australia's interest in day rate payments, freights, charter hire and other monies earned or to be earned arising out of any charter parties, drilling contracts or as a result of the ownership, chartering and other operations of any kind whatsoever relating to the Rigs and certain other rights and obligations arising pursuant to such agreements. Said assignment secures the obligations of the Borrower under this Agreement and Guarantor under its Guaranty.
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More Definitions of Assignment of Charter Hire

Assignment of Charter Hire means, for each Borrower, that certain Assignment of Charter Hire by Borrower in favor of Lender, and that certain Assignment of Charter Hire by Charterer, by the assignors party thereto, in favor of Lender, each related to the Vessel owned by the Borrower and dated as of the date of Borrower's Ship Mortgage, as amended, supplemented and modified from time to time in accordance with the terms thereof. "Assignments of Charter Hire" shall collectively refer to all Assignments of Charter Hire.
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Assignment of Charter Hire means, for each Borrower, that certain Assignment of Charter Hire by Borrower in favor of Lender, and that certain Assignment of Charter Hire by Charterer, by the assignors party thereto, in favor of Lender, each related to the Vessel owned by the Borrower and dated as of the date of Borrower’s Ship Mortgage, as amended, supplemented and modified from time to time in accordance with the terms thereof. “Assignments of Charter Hire” shall collectively refer to all Assignments of Charter Hire.“Assignment of Insurances” shall mean, for each Borrower, that certain Assignment of Insurances by Borrower and the other assignors party thereto in favor of Lender dated as of the date of Borrower’s Ship Mortgage, as amended, supplemented and modified from time to time in accordance with the terms thereof. “Assignments of Insurances” shall collectively refer to all Assignments of Insurances.“Attributable Indebtedness” means, on any date, (a) in respect of any capitalized lease of any Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, (b) in respect of any synthetic lease obligation, the capitalized amount of the remaining lease or similar payments under the relevant lease or other applicable agreement or instrument that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease or other agreement or instrument were accounted for as a capitalized lease and (c) all synthetic debt of such Person.
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Related to Assignment of Charter Hire

  • Assignment of Earnings shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • CFA Charter means the charter earned through the Chartered Financial Analyst program prepared and administered by the CFA Institute and so named on the day this Instrument comes into force, and every program that preceded that program, or succeeded that program, that does not have a significantly reduced scope and content when compared to the scope and content of the first-mentioned program;

  • Charter Assignment means a specific assignment of each Extended Employment Contract required to be executed hereunder by any Borrower in favour of the Security Trustee (including any notices and/or acknowledgements and/or undertakings associated therewith) in such form as the Agent and the Majority Lenders may require in their sole discretion;

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • General Assignment means, in relation to a Ship, a general assignment of (inter alia) the Earnings, the Insurances and any Requisition Compensation relative to that Ship in the Agreed Form and, in the plural, means all of them;

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.

  • Time Charter means the hire of a Vessel by which the charterer obtains possession and control of the Vessel for an agreed period of time or an agreed voyage.

  • Assignment of Claims Act means the Assignment of Claims Act of 1940 (41 U.S.C. Section 15, 31 U.S.C. Section 3737, and 31 U.S.C. Section 3727), including all amendments thereto and regulations promulgated thereunder.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Bareboat Charter means the bareboat charter agreement to be executed by the Effective Date by the Borrower as owner and the Charterer as bareboat charterer.

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller and the Purchaser at the Closing with respect to each parcel of Leased Real Property listed on Section 3.14(b) of the Disclosure Schedule, substantially in the form of Exhibit 1.01(b).

  • Trademark Assignment shall have the meaning specified in Section 3.2(c).

  • Assignment of Insurances shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • Patent Assignment Agreement means the patent assignment agreement substantially in the form of Exhibit A.

  • Existing Security Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Mortgage Addendum means the addendum to the Mortgage in the agreed form.