Star L definition
Examples of Star L in a sentence
The Borrower shall procure that no Owner shall agree to an amendment or change or supplement to (in the case of Star L) the MOA or the Initial Charterparty to which it is a party.
The Borrower also undertakes with each Creditor Party to procure that each Owner will comply with the following provisions of this Clause 13 at all times during the Security Period (in the case of “SINFONIA” after that Ship has been delivered to Star L pursuant to the MOA) except as the Agent may, with the authority of the Majority Lenders, otherwise permit.
The Borrower also undertakes with each Creditor Party to procure that each Owner shall comply with the following provisions of this Clause 14 at all times during the Security Period (in the case of “SINFONIA” after that Ship has been delivered to Star L pursuant to the MOA) except as the Agent, with the authority of the Majority Lenders, may otherwise permit.