Common use of Confirmation of class Clause in Contracts

Confirmation of class. Certificate of Confirmation of Class confirming that the Vessel is classed with the highest class applicable to Vessel of her type with a Classification Society.

Appears in 6 contracts

Sources: Loan Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.)

Confirmation of class. A Certificate of Confirmation of Class for hull and machinery confirming that the Vessel A is classed with the highest class applicable to Vessel vessels of her type with a Classification Societyclassification society as may be acceptable to the Agent.

Appears in 2 contracts

Sources: Loan Facility Agreement (Usg Corp), Secured Loan Facility Agreement (Usg Corp)

Confirmation of class. A Certificate of Confirmation of Class for hull and machinery confirming that the Vessel is Vessels are classed with the highest class applicable to Vessel vessels of her type with a Pre-Approved Classification Society.

Appears in 2 contracts

Sources: Secured Reducing Revolving Loan and Letter of Credit Facility Agreement (Gulfmark Offshore Inc), Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc)

Confirmation of class. A Certificate of Confirmation of Class for hull and machinery confirming that the Vessel is Vessels are classed with the highest class applicable to Vessel vessels of her type with a Pre¬Approved Classification Society.

Appears in 1 contract

Sources: Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc)

Confirmation of class. A Certificate of Confirmation of Class for hull and machinery confirming that the Vessel is Mortgaged Vessels and the Negative Pledged Vessels are classed with the highest class applicable to Vessel vessels of her type with a Pre-Approved Classification Society.

Appears in 1 contract

Sources: Secured Reducing Revolving Loan and Letter of Credit Facility Agreement (Gulfmark Offshore Inc)