Common use of Classification Clause in Contracts

Classification. maintains the relevant Classification free of all requirements and recommendations of the relevant Classification Society; and

Appears in 9 contracts

Sources: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Aegean Marine Petroleum Network Inc.), Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Classification. maintains the relevant Classification free of all requirements and recommendations of the relevant Classification Society; and

Appears in 7 contracts

Sources: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Classification. maintains the relevant Classification free of all requirements and recommendations of the relevant Classification Society; and;

Appears in 6 contracts

Sources: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

Classification. maintains the relevant Classification free of all requirements and recommendations of the relevant Classification Society; and;

Appears in 6 contracts

Sources: Loan Agreement (Poseidon Containers Holdings Corp.), Facility Agreement (Freeseas Inc.), Facility Agreement (Globus Maritime LTD)

Classification. maintains the relevant Classification free of all requirements and recommendations of the relevant Classification Society; and;

Appears in 2 contracts

Sources: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

Classification. maintains the relevant Classification free of all requirements and overdue recommendations of the relevant Classification SocietySociety affecting class; and

Appears in 2 contracts

Sources: Loan Agreement (Seanergy Maritime Holdings Corp.), Second Supplemental Agreement (Seanergy Maritime Holdings Corp.)

Classification. maintains the relevant Classification free of all overdue requirements and recommendations of the relevant Classification Society; and

Appears in 2 contracts

Sources: Facility Agreement (Costamare Partners LP), Facility Agreement (Costamare Partners LP)

Classification. maintains maintain the relevant Classification free of all requirements and recommendations of the relevant Classification Society; and

Appears in 1 contract

Sources: Loan Agreement (Capital Maritime & Trading Corp.)

Classification. maintains the relevant Classification free of all requirements and recommendations of from the relevant Classification Society; and

Appears in 1 contract

Sources: Loan Agreement (DryShips Inc.)

Classification. maintains the relevant Classification free of all overdue recommendations and requirements and recommendations of the relevant Classification Society; andSociety affecting the Classification;

Appears in 1 contract

Sources: Facility Agreement (Euroseas Ltd.)

Classification. maintains the relevant Classification free of all requirements and recommendations of the relevant Classification Society; and;

Appears in 1 contract

Sources: Loan Agreement (Mc Shipping Inc)

Classification. maintains the relevant Classification free of all requirements and recommendations of the relevant Classification Society; and

Appears in 1 contract

Sources: Term Loan Facility Agreement (Danaos Corp)

Classification. has received and maintains the relevant Classification free of all requirements and recommendations of the relevant Classification Society; and

Appears in 1 contract

Sources: Facility Agreement for a Term Loan (StealthGas Inc.)