Common use of Powers of Clause in Contracts

Powers of. attorney The original notarially attested and legalised power of attorney of each of the Obligors under which the Relevant Documents to which it is or is to become a party are to be executed or transactions undertaken by that Obligor. 2 Security and related documents (a) Vessel documents Photocopies, certified as true, accurate and complete by a director or the secretary or the legal advisers of the Borrowers, of: (i) the MOA in respect of the Vessel; (ii) the ▇▇▇▇ of sale transferring title in the Vessel to the relevant Borrower free of all encumbrances, maritime liens or other debts; (iii) the protocol of delivery and acceptance evidencing the unconditional physical delivery of the Vessel by the relevant Seller to the relevant Borrower pursuant to the MOA; (ii) any charterparty or other contract of employment of the Vessel which will be in force on the Utilisation Date; (ii) the Management Agreements in respect of the Vessel; (iii) the Vessel’s current Safety Construction, Safety Equipment, Safety Radio, Oil Pollution Prevention and Load Line Certificates; (iv) evidence of the Vessel’s current Certificate of Financial Responsibility issued pursuant to the United States Oil Pollution ▇▇▇ ▇▇▇▇; (v) the Vessel’s current SMC; (vi) the ISM Company’s current DOC; (vii) the Vessel’s current ISSC; (viii) the Vessel’s current IAPPC; and (ix) the Vessel’s current Tonnage Certificate;

Powers of. attorney The original notarially attested and legalised power of attorney of each of the Obligors Borrowers and the Guarantor under which the Relevant Documents to which it is or is to become a party are to be executed or transactions undertaken by that Obligoreach Borrower and the Guarantor. 2 Security and related documents documents (a) Vessel documents Photocopies, certified as true, accurate and complete by a director or director, the secretary or the legal advisers of the BorrowersBorrower, of: : (i) the MOA in respect of the Vessel; Building Contract; (ii) the builder's certificate and/or ▇▇▇▇ of sale transferring title in the Vessel to the relevant Borrower free of all encumbrances, maritime liens or other debts; LONLIVE\21273080.13 Page 35 (iii) the protocol of delivery and acceptance evidencing the unconditional physical delivery of the Vessel by the relevant Seller Builder to the relevant Borrower pursuant to the MOA; Building Contract; (ii) any charterparty or other contract of employment of the Vessel which will be in force on the Utilisation Date; (iiiv) the Management Agreements commercial invoice issued by the Builder in respect of the final contract price of the Vessel; ; (iiiv) the declaration of warranty issued by the Builder to the Borrower pursuant to the Building Contract; (vi) any relevant Charter; (vii) the Management Agreement together with a confirmation from the parties thereto that the Vessel has been delivered into the Management Agreement; (viii) the Vessel’s 's current Safety Construction, Safety Equipment, Safety Radio, Oil Pollution Prevention Radio and Load Line Certificates; ; (ivix) evidence of the Vessel’s 's current Certificate of Financial Responsibility issued pursuant to the United States Oil Pollution ▇▇▇ ▇▇▇▇; ; (vx) the Vessel’s 's current SMC; ; (vixi) the ISM Company’s 's current DOC; ; (viixii) the Vessel’s 's current ISSC; ; (viiixiii) the Vessel’s 's current IAPPC; and ; (ixxiv) the Vessel’s 's current Tonnage Certificate;; in each case together with all addenda, amendments or supplements.