Common use of Concerning Section 2 Clause in Contracts

Concerning Section 2. 08. The notice in Section 2.08(c) shall read as follows with respect to each Vessel: “This Vessel is owned by K-SEA OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the “Shipowner”), and is covered by a First Preferred Fleet Mortgage in favor of the United States of America, under authority of Chapter ▇▇▇, ▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code. Under the terms of said Fleet Mortgage neither the Shipowner, any charterer, the master or agent of this Vessel nor any other person has any right, power or authority to create, incur or permit to be placed or imposed upon this Vessel any lien whatsoever other than statutory liens incident to current operations that are subordinate to said Fleet Mortgage.”

Concerning Section 2. 08. The notice in Section 2.08(c) shall read as follows with respect to each Vessel: “"This Vessel is owned by K-SEA OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the “"Shipowner”"), and is covered by a First Preferred Fleet Mortgage in favor of the United States of America, under authority of Chapter ▇▇▇, ▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code. Under the terms of said Fleet Mortgage neither the Shipowner, any charterer, the master or agent of this Vessel nor any other person has any right, power or authority to create, incur or permit to be placed or imposed upon this Vessel any lien whatsoever other than statutory liens incident to current operations that are subordinate to said Fleet Mortgage.”"