Common use of Termination by the Borrower Clause in Contracts

Termination by the Borrower. Except with approval, the Borrower shall not terminate or rescind any Charter Document or withdraw the Ship from service under the Charter or take any similar action.

Appears in 1 contract

Sources: Facility Agreement (Hoegh LNG Partners LP)

Termination by the Borrower. Except with approval, the Borrower shall not (and it shall procure that the Charterer will not) terminate or rescind any Charter Document or withdraw the Ship from service under the Charter or take any similar action.

Appears in 1 contract

Sources: Supplemental Agreement (Top Ships Inc.)