Definition of Terance General Assignment

  1. Terance General Assignment means the specific assignment of the Earnings, Insurances and Requisition Compensation for the Terance Ship executed or (as the context may require) to be executed by the Terance Borrower in favour of the Security Agent in such form as the Agent may require in its reasonable discretion;

Definition of Terance General Assignment in Facility Agreement

Terance General Assignment means the specific assignment of the Earnings, Insurances and Requisition Compensation for the Terance Ship executed or (as the context may require) to be executed by the Terance Borrower in favour of the Security Agent in such form as the Agent may require in its reasonable discretion;