Common use of Minimum Value Clause in Contracts

Minimum Value. (a) The Borrowers shall ensure that the aggregate Market Value of the Vessels (plus any additional security previously provided by the Borrowers under paragraph (b) below) is at all times:

Appears in 3 contracts

Samples: Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term and Revolving Facilities Agreement

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Minimum Value. (a) The Borrowers Borrower shall ensure that the aggregate Market Value of the Vessels (plus any additional security previously provided by the Borrowers Borrower under paragraph (b) below) is at all times:

Appears in 2 contracts

Samples: Term Facility Agreement, Term Facility Agreement (KNOT Offshore Partners LP)

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