Ship Security Documents definition

Ship Security Documents means in relation to each Vessel, the Mortgage, the General Assignment, any Charter Assignment and the Manager’s Undertaking in respect of such Vessel;
Ship Security Documents means, in relation to each Vessel, the relevant Mortgage, the relevant General Assignment, any relevant Charter Assignment and the relevant Manager’s Undertakings;
Ship Security Documents means in relation to each Vessel, the Mortgage, the General Assignment and the Manager’s Undertaking in respect of such Vessel;

Examples of Ship Security Documents in a sentence

  • The basis for this was, effectively as before the Tribunal, on the basis of risk of criminal prosecution if Alstom paid, and based on alleged breaches of the Alstom compliance policies.

  • On the date falling one hundred and twenty (120) days after that on which the Ship became a Total Loss or, if earlier, on the date upon which the insurance proceeds are, or Requisition Compensation (as defined in the Ship Security Documents) is, received by the Borrower (or the Bank pursuant to the Security Documents), the Borrower shall prepay the Loan in full.

  • Duly executed notices of assignment in the forms prescribed by the Ship Security Documents for the Ship relevant to such Advance.

  • After the Drawdown Date, on the date falling one hundred and twenty (120) days after that on which the Ship became a Total Loss or, if earlier, on the date upon which the insurance proceeds are, or Requisition Compensation (as defined in the Ship Security Documents) is, received by the Borrower (or the Bank pursuant to the Security Documents), the Borrower shall prepay the Loan in full.

  • The Finance Parties are willing to accede to such requests and amend the Principal Agreement, the Security Documents and the Ship Security Documents (as applicable) on the terms and subject to the conditions contained in this Supplemental Deed.


More Definitions of Ship Security Documents

Ship Security Documents. (a) in relation to the Andros Ship, means the Andros Mortgage, the Andros Deed of Covenant and the Andros Managers Undertaking;
Ship Security Documents. (a) in relation to the Q Jake Ship, means the Q Jake Mortgage, the Q Jake General Assignment, any Charter Assignment in respect of the Q Jake Ship and the Manager’s Undertaking in respect of the Q Jake Ship; or
Ship Security Documents. (a) in relation to the Xxxxxxx Ship, means the Xxxxxxx Mortgage, the Xxxxxxx Deed of Covenant, the Xxxxxxx General Assignment, the Xxxxxxx Charter Assignment and the Xxxxxxx Charter Guarantee Assignment; or
Ship Security Documents means the Mortgage, the Deed of Covenant and the Manager's Undertaking;
Ship Security Documents. (a) in relation to Harmony, means the Harmony Mortgage, the Harmony General Assignment, the Harmony Manager’s Undertaking and any Charter Assignment in respect of Harmony;
Ship Security Documents. (a) in relation to Ship A, means the Ship A Mortgage, the Ship A General Assignment and a Charter Assignment in respect of Ship A;
Ship Security Documents. (a) in relation to the Kassos Ship, means the Kassos Mortgage, the Kassos Deed of Covenant and the Manager's Undertaking in respect of the Kassos Ship;