Common use of Confirmation of no default Clause in Contracts

Confirmation of no default. The Lessee, within five (5) Business Days after service by the Lessor of a written request (such notices to be served no more frequently than is reasonable), will serve on the Lessor a notice which is signed by an authorised signatory of the Lessee and which: 20.9.1 states that no Relevant Event has occurred; or 20.9.2 states that no Relevant Event has occurred, except for any specified event or matter, of which all material details are given.

Appears in 5 contracts

Sources: Lease Agreement (Seaspan CORP), Lease Agreement (Seaspan CORP), Lease Agreement (Seaspan CORP)