Common use of CONCERNING SECTION 4 Clause in Contracts

CONCERNING SECTION 4. (i) The appointment of a Paying Agent by the Shipowner is subject to the prior written consent of the Secretary and Indenture Trustee, which consent shall not be unreasonably withheld. (ii) Section 4.02(a)(3) is revised to read as follows:

Appears in 3 contracts

Sources: Credit Agreement (Rowan Companies Inc), Credit Agreement (Rowan Companies Inc), Credit Agreement (Rowan Companies Inc)

CONCERNING SECTION 4. (i) The appointment of a Paying Agent by the Shipowner is subject to the prior written consent of the Secretary and Indenture Trustee, which consent shall not be unreasonably withheld. (ii) Section 4.02(a)(3) is revised to read as follows:

Appears in 2 contracts

Sources: Trust Indenture (Pride International Inc), Trust Indenture (Pride International Inc)