Collateral Charter definition

Collateral Charter means, in relation to a Collateral Ship, any time charterparty in respect of that Collateral Ship having a duration of at least 12 consecutive months or any bareboat charterparty in respect of that Collateral Ship (such charters to be entered into with the prior consent of the Agent (acting with the authorisation of the Majority Lenders));”;
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Collateral Charter has the meaning given to that term in Schedule 9 (Vessel Details);
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Collateral Charter means in relation to:
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Examples of Collateral Charter in a sentence

  • If pupils are being referred to the IEU persistently, the school may do the following: 1.

  • Kastelorizo Shipping Corporation, as bareboat charterers (the “ Collateral Charterer”), the Collateral Owner shall agree to bareboat charter one (1) 115,000dwt LR2 Aframax tanker currently under construction at K Shipbuilding Korea with Hull No. S1649 (the “Collateral Vessel”) to the Collateral Charterer pursuant to the terms and conditions to be contained in the Collateral Charter.


More Definitions of Collateral Charter

Collateral Charter means a time charter dated 14 September 2011 in respect of the Collateral Ship entered into between the Collateral Owner as owner and K2 Shipping Ltd. of the Xxxxxxxx Islands as charterer;
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Collateral Charter. “Collateral Charterparty Assignment”, “Collateral Deed of Covenant”, “Collateral Earnings Account”, “Collateral Earnings Account Pledge”, “Collateral General Assignment”, “Collateral Guarantee”, “Collateral Manager’s Undertaking”, “Collateral Mortgage”, “Collateral Ship”, “Collateral Owner” and “Shipbuilding Contract” set out in Clause 1.2;
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Related to Collateral Charter

  • Collateral Charge-Offs shall have the meaning specified in subsection 4.06(c).

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Noteholders.

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

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

  • 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;

  • Aircraft Mortgage means that “Aircraft Mortgage” as defined in Section 4.01(e), as the same may be amended, restated, modified, supplemented, extended or amended and restated from time to time.

  • 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.

  • Collateral Security Documents Any document or instrument given to secure or guaranty the Mortgage Loan, including without limitation, the Mortgage, each as amended, supplemented, assigned, extended or otherwise modified from time to time.

  • Collateral Call means a notice to a Participant that additional Collateral, or possibly early payment, is required in order to remain in, or to regain, compliance with Tariff, Attachment Q. Commencement Date:

  • Bond Documents means the Bonds, the Indenture, the Loan Agreement, the Remarketing Agreement, the Remarketing Circular, and all amendments and supplements thereto.

  • 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.

  • 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.

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • Collateral Substitution has the meaning specified in Section 3.13.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Collateral Agency and Intercreditor Agreement means that certain Collateral Agency and Intercreditor Agreement, dated as of January 31, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time in compliance with the terms of this Indenture), by and among the Company, the other guarantors from time to time party thereto, the secured debt representatives and the Collateral Agent.

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

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

  • Finance Lease means a lease with respect to which:

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Sale and Servicing Agreement Collateral shall have the meaning set forth in Section 2.4.

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.

  • special lease means a special lease or license to be granted in terms of this Agreement under the Ratifying Act the Land Act or the Xxxxxxx Xxx 0000 and includes any renewal thereof; “this Agreement” “hereof” and “hereunder” include this Agreement as from time to time added to varied or amended;

  • Lease Supplement means a Lease Supplement, substantially in the form of Schedule 2 hereto, to be entered into between Lessor and Lessee on the Delivery Date for the purpose of leasing the Aircraft under and pursuant to the terms of this Agreement, and any subsequent Lease Supplement entered into in accordance with the terms of this Agreement.

  • 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;

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.