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.