Common use of Assignment by Owner Clause in Contracts

Assignment by Owner. The Owner may assign or transfer its rights under and in connection with this Guarantee to the same extent as it may do so under the Bareboat Charter.

Appears in 4 contracts

Sources: Guarantee (Performance Shipping Inc.), Guarantee (Seanergy Maritime Holdings Corp.), Guarantee (Seanergy Maritime Holdings Corp.)

Assignment by Owner. The Owner may assign or transfer any of its rights and transfer any of its obligations under and in connection with this Guarantee to the same extent as it may do so transfer the same under the other Leasing Documents to which it is a party subject always to the provisions of the Bareboat Charter.

Appears in 3 contracts

Sources: Guarantee, Guarantee, Guarantee

Assignment by Owner. The Owner may may: (a) assign any of its rights; or (b) transfer any of its rights and obligations; under and in connection with this Guarantee to in accordance with the same extent as it may do so under provisions of the Bareboat Charter.

Appears in 1 contract

Sources: Guarantee (DryShips Inc.)