Common use of Ownership Management Clause in Contracts

Ownership Management. Control ensure that the Vessel is registered on the Drawdown Date under the laws and flag of the Flag State relative thereto and thereafter maintain her present ownership, management, control and beneficial ownership;

Appears in 1 contract

Sources: Loan Agreement (NewLead Holdings Ltd.)

Ownership Management. Control ensure that the its Vessel is registered on the Drawdown Date under the laws and flag of the Flag State relative thereto and thereafter maintain her present ownership, management, control and beneficial ownership;

Appears in 1 contract

Sources: Loan Agreement (NewLead Holdings Ltd.)

Ownership Management. Control ensure that the Vessel is registered on the first Drawdown Date under the laws and flag of the Flag State relative thereto and thereafter maintain her present ownership, management, control and beneficial ownership;

Appears in 1 contract

Sources: Credit Agreement (Paragon Shipping Inc.)