Mortgage Addendum means, in respect of each Mortgage, a first, second or as the case may be, third addendum thereto, executed or to be executed by the relevant Owner in favour of the Security Trustee in such form as the Facility Agent may approve or require and, in the plural, means all of them; and
Mortgage Addendum means, in respect of each of the Existing Vessels an addendum to the Mortgage in respect thereof, in such form as the Agent and the Majority Lenders may in their sole discretion require, and in the plural means all of them;
Examples of Mortgage Addendum in a sentence
Each Obligor makes the representations and warranties set out in the Finance Documents (other than the Facility Agreement) to which it is a party, as amended and restated and/or supplemented by this Deed and updated with appropriate modifications to refer to this Deed and, where appropriate, the relevant Mortgage Addendum, by reference to the circumstances then existing on the date of this Deed and on the Effective Date.
More Definitions of Mortgage Addendum
Mortgage Addendum means, in relation to each Ship (other than a Ship which is owned by a Released Owner), the first addendum to the Mortgage on that Ship, executed or to be executed by the Owner which is the owner of that Ship in favour of the Security Trustee in the Agreed Form and, in the plural, means all of them;
Mortgage Addendum means, in relation to each Ship, any addendum executed or (as the context may require) to be executed between the relevant Owner and the Security Agent or any other Creditor under the Supplemental Agreement or the Second Supplemental Agreement or the Fifth Supplemental Agreement (or any subsequent supplemental agreement) in such form as the Agent (acting in the instructions of the Majority Banks in their sole discretion) may require and being supplemental to the relevant Mortgage and "Mortgage Addenda" means any or all of them;
Mortgage Addendum means, in the case of each Mortgage in respect of an Existing Ship, the first addendum to that Mortgage and, in the plural, means all of them;
Mortgage Addendum means in respect of each Mortgage an addendum thereto executed or to be executed by the Borrower which is party to such Mortgage in such form as the Agent shall require;
Mortgage Addendum or “Mortgage Addenda” means in relation to each Existing Mortgage, an addendum to the Existing Mortgage, executed or to be executed by the relevant Borrower in favour of the Security Trustee substantially in the form set out in Appendix 3 (or in such other form as the Agent may approve or require);
Mortgage Addendum means, in respect of the Mortgage relative to:
Mortgage Addendum has the meaning given to it in the Amending and Restating Agreement;