Bareboat Charter Assignment definition

Bareboat Charter Assignment means, in respect of CAPE TALARA, a tripartite agreement made or to be made between Pasha Finance, the relevant Existing Charterer and the Security Trustee in the Agreed Form;
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Bareboat Charter Assignment means the tripartite agreement dated [3 August 2009] and made between the Borrower, the Existing Charterer and the Lender as from time to time further amended or supplemented;
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Bareboat Charter Assignment means, in relation to a Ship, an assignment of the Bareboat Charter for such Ship in Agreed Form.
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Examples of Bareboat Charter Assignment in a sentence

  • RELEASE OF SECURITY With effect from the Effective Time, the following security shall be released: The Charterer’s Earnings Account Charge; and the Bareboat Charter Assignment.


More Definitions of Bareboat Charter Assignment

Bareboat Charter Assignment means the assignment of the Owner's rights, title and interest in and to the Bareboat Charter between the Owner and the Security Trustee dated on or about the Amendment and Restatement Effective Date No.2. Bareboat Charterer means Ocean Rig Poseidon Operations Inc (formerly known as Tanzania Operations Inc.), a company incorporated under the laws of the Xxxxxxxx Islands with registered number 47778 and registered address at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX 00000. Bareboat Charterer Accounts means each of the Bareboat Charterer Proceeds Account, the Bareboat Charterer CAPEX Account and the Bareboat Charterer OPEX Account.
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Bareboat Charter Assignment means the tripartite agreement dated [·] as assigned in favour of the Security Trustee pursuant to the terms of the Assignment and Assumption Agreement, made between the Borrower, the Existing Charterer and the Security Trustee as from time to time further amended or supplemented;
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Bareboat Charter Assignment means an assignment in respect of a Bareboat Charter executed by a UABLPN Borrower or another Guarantor Subsidiary in favor of the Security Trustee for the benefit of IFC as lender under the UABLPY Loan Agreement, IFC as lender under the UABLPN Loan Agreement and OFID as lender under this Agreement, to secure the Borrower's obligations under the UABLPY Loan Agreement, the UABLPN Borrowers' obligations under the UABLPN Loan Agreement, the Borrower's obligations under this Agreement and the Guarantor's obligations under the Guarantee Agreement and the IFC Guarantee Agreement;
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Bareboat Charter Assignment means, in relation to “VOC GALAXY”, the specific assignment of the rights of Iokasti under the Bareboat Charter executed or, as the context may require, to be executed by Iokasti in favour of the Lender in such form as the Lender may approve or require;
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Bareboat Charter Assignment means the assignment of the Bareboat Charter to be granted in favour of the Agent by the Borrower upon implementation of Stage Two, together with any and all notices and acknowledgements entered into in connection therewith.
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Bareboat Charter Assignment means the assignment of the Owner's rights, title and interest in and to the Bareboat Charter between the Owner and the Security Trustee dated on or about the Amendment and Restatement Effective Date No.2. Bareboat Charterer means Ocean Rig Drilling Operations B.V., a private company with limited liability (besloten vennootschap) under the laws of the Netherlands having its registered address at Xxxxxx Xxxxxxxxxxx 00, 0000 XX Xxxxxxxxx, xxx Xxxxxxxxxxx. Bareboat Charterer Accounts means each of the Bareboat Charterer Proceeds Account, the Bareboat Charterer CAPEX Account and the Bareboat Charterer OPEX Account.
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Related to Bareboat Charter Assignment

  • 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;

  • 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.

  • Charter Agreement means an agreement made in accordance with Section 53G-5-303 that authorizes the operation of a charter school.

  • Charterparty Assignment means, in relation to a Ship, the deed of assignment of any Charterparty in favour of the Security Trustee, in such form as the Lenders may approve or require;

  • 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;

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Charter contract or "contract" means a fixed-term, renewable contract between a

  • Time Charter means the time charter party between Owners as owners and Stena Bulk AB (the "Time Charterers") as charterers effective attached hereto as Annex 1. "Agreement" means Part I, Part II, including Additional Clauses 21-31 as well as Annex 1.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • Ship Mortgage shall have the meaning set forth for such term in the Intercreditor Agreement. Notice of Assignment ASSIGNMENT OF INSURANCE BY INTERNAL CHARTERERS Vantage Driller I Co. NOTICE OF ASSIGNMENT To Whom It May Concern: Vantage Driller IV Co., an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “Assignor”), HEREBY GIVES NOTICE that by an Assignment, dated October 25, 2012, and made by the Assignor to Xxxxx Fargo Bank, National Association (the “Assignee”), as Pari Passu Collateral Agent (as defined under the Intercreditor Agreement defined below), the Assignor assigned to the Assignee all of the Assignor’s right, title and interest in and to all insurances and the benefit of all insurances heretofore, now or hereafter taken out in respect of the Panamanian flag vessel TOPAZ DRILLER and all proceeds thereof. This Notice and the attached Loss Payable Clauses are to be endorsed on all policies and certificates of entry evidencing such insurances.

  • Deed of Assignment means the deed of assignment of the Shareholder Loan in the agreed form set out in Schedule 6 (Deed of Assignment) to be entered into between the Seller and the Buyer upon Completion.

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

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • MOA means the Borrower’s Ministry of Agriculture;

  • 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.

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

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

  • General Assignment means, in relation to a Ship, a general assignment of the Earnings, the Insurances and any Requisition Compensation in the Agreed Form;

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

  • Deed of Covenant means in relation to the Ship the deed of covenant collateral to the Mortgage for the Ship and creating charges over the Ship, its Earnings, Insurances and Requisition Compensation required to be executed hereunder by the Borrower in favour of the Security Trustee in the agreed form;

  • Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;

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

  • 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).

  • Licence Agreement means an agreement (whether or not in writing) between the owner of student accommodation and a student giving a licence to the student;

  • Retail charge agreement means that term as defined in section 2 of the retail installment sales act, MCL 445.852.

  • Retrocession Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers or reinsurers, as retrocessionaires, assume liabilities of reinsurers under a Reinsurance Agreement or other retrocessionaires under another Retrocession Agreement.