Definition of Terance Contract

  1. Terance Contract means the shipbuilding contract dated 20 April 2011 made between the Builder and the Terance Borrower, as may be amended and supplemented from time to time, relating to the construction and sale by the Builder, and the purchase by the Terance Borrower, of the Terance Ship;

Definition of Terance Contract in Facility Agreement

Terance Contract means the shipbuilding contract dated 20 April 2011 made between the Builder and the Terance Borrower, as may be amended and supplemented from time to time, relating to the construction and sale by the Builder, and the purchase by the Terance Borrower, of the Terance Ship;