Common use of Prevention of and release from arrest Clause in Contracts

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, promptly discharge: (i) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against that Ship, its Earnings or its Insurances; (ii) all Taxes, dues and other amounts charged in respect of that Ship, its Earnings or its Insurances; and (iii) all other outgoings whatsoever in respect of that Ship, its Earnings or its Insurances. (b) Each Borrower shall, immediately upon receiving notice of the arrest of the Ship owned by it or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, promptly discharge: (i) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against that Ship, its Earnings or its Insurances; (ii) all Taxes, dues and other amounts charged in respect of that Ship, its Earnings or its Insurances; and (iii) all other outgoings whatsoever in respect of that Ship, its Earnings or its Insurances. (b) Each Borrower shall, immediately upon shall as promptly as possible after receiving notice of the arrest of the Ship owned by it or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, promptly dischargedischarge amounts due in respect of: (i) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against that Ship, its Earnings or its Insurances; (ii) all Taxes, dues and other amounts charged in respect of that Ship, its Earnings or its Insurances; and (iii) all other outgoings whatsoever in respect of that Ship, its Earnings or its Insurances. (b) Each Borrower shallshall immediately and, immediately forthwith upon receiving notice of the arrest of the Ship owned by it or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, shall promptly discharge: (ia) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against that Shipthe Ship owned by it, its Earnings or its Insurancesthe Insurances applicable to that Ship; (iib) all Taxestaxes, dues and other amounts charged in respect of that Shipthe Ship owned by it, its Earnings or its Insurancesthe Insurances applicable to that Ship; and (iiic) all other outgoings whatsoever in respect of that Shipthe Ship owned by it, its Earnings or its Insurances. (b) Each Borrower shallthe Insurances applicable to that Ship, immediately and, forthwith upon receiving notice of the arrest of the Ship owned by it that Ship, or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to that Borrower shall procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship Vessel owned by it, promptly discharge: (i) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against that ShipVessel, its Earnings or its Insurances; (ii) all Taxes, dues and other amounts charged in respect of that ShipVessel, its Earnings or its Insurances; and (iii) all other outgoings whatsoever in respect of that ShipVessel, its Earnings or its Insurances. (b) Each Borrower shallshall immediately and, immediately forthwith upon receiving notice of the arrest of the Ship Vessel owned by it or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower Owner shall, in respect of the Ship owned by it, promptly discharge: (i) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against that Ship, its Earnings or its Insurances; (ii) all Taxes, dues and other amounts charged in respect of that Ship, its Earnings or its Insurances; and (iii) all other outgoings whatsoever in respect of that Ship, its Earnings or its Insurances. (b) Each Borrower shall, immediately Owner shall as soon as reasonably practicable upon receiving notice of the arrest of the Ship owned by it or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each The Borrower shall, in respect of the Ship owned by it, shall promptly discharge: (ia) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against that any Ship, its Earnings or its Insurancesthe Insurances in relation to that Ship; (iib) all Taxestaxes, dues and other amounts charged in respect of that any Ship, its Earnings or its Insurancesthe Insurances in relation to that Ship; and (iiic) all other outgoings whatsoever in respect of that any Ship, its Earnings or its Insurances. (b) Each Borrower shallthe Insurances in relation to that Ship; and, immediately forthwith upon receiving notice of the arrest of the Ship owned by it any Ship, or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to the Borrower shall procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, promptly discharge: (i) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against that Ship, its Earnings or its Insurances; (ii) all Taxes, dues and other amounts charged in respect of that Ship, its Earnings or its Insurances; and (iii) all other outgoings whatsoever in respect of that Ship, its Earnings or its Insurances. (b) Each Borrower shall, shall immediately upon receiving notice of the arrest of the its Ship owned by it or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, promptly discharge: (i) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against that Ship, its Earnings or its Insurances; (ii) all Taxes, dues and other amounts charged in respect of that Ship, its Earnings or its Insurances; and (iii) all other outgoings whatsoever in respect of that Ship, its Earnings or its Insurances. (b) Each Borrower shall, immediately shall as soon as reasonably practicable upon receiving notice of the arrest of the Ship owned by it or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, shall promptly discharge: (ia) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship owned by it, the Earnings or the Insurances in respect of that Ship, its Earnings or its Insurances; (iib) all Taxestaxes, dues and other amounts charged in respect of that Ship, its the Earnings or its Insurancesthe Insurances in respect of that Ship; and (iiic) all other outgoings whatsoever in respect of that Ship, its the Earnings or its Insurances. (b) Each Borrower shallthe Insurances in respect of that Ship, immediately and, forthwith upon receiving notice of the arrest of the Ship owned by it that Ship, or of its detention in exercise or purported exercise of any lien or claim, take all steps necessary to that Borrower shall procure its release by providing bail or otherwise as the circumstances may require.