Common use of Registration and Encumbrances Clause in Contracts

Registration and Encumbrances. is permanently registered in the name of the relevant Owner under the laws and flag of the relevant Flag State through the relevant Registry and that such Relevant Ship and its Earnings, Insurances and Requisition Compensation are free of Encumbrances;

Appears in 2 contracts

Sources: Facility Agreement (Globus Maritime LTD), Facility Agreement (FreeSeas Inc.)

Registration and Encumbrances. is permanently registered in the name of the relevant Owner through the relevant Registry under the laws and flag of the relevant Flag State through the relevant Registry and that such Relevant each Ship and its Earnings, Insurances and Requisition Compensation (each such term as defined in the relevant Ship Security Documents) are free of Encumbrances;

Appears in 2 contracts

Sources: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.)

Registration and Encumbrances. is permanently or provisionally registered in the name of the relevant Owner Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that such Relevant Ship and its Earnings, Insurances and Requisition Compensation (as defined in the relevant Ship Security Documents) are free of Encumbrances, unless permitted under this Agreement;

Appears in 2 contracts

Sources: Loan Agreement (Seanergy Maritime Holdings Corp.), Second Supplemental Agreement (Seanergy Maritime Holdings Corp.)

Registration and Encumbrances. is permanently registered in the name of the relevant Owner Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that such the Relevant Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Ship Security Documents) are free of Encumbrances;

Appears in 2 contracts

Sources: Loan Agreement (DryShips Inc.), Loan Agreement (Diana Containerships Inc.)

Registration and Encumbrances. is permanently or provisionally registered in the name of the relevant Owner Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that such the Relevant Ship and its Earnings, Insurances and Requisition Compensation are free of Encumbrances;

Appears in 2 contracts

Sources: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (DryShips Inc.)

Registration and Encumbrances. is provisionally or permanently registered in the name of the relevant Additional Owner under the laws and flag of the relevant Flag State through the relevant Registry and that such Relevant the Additional Ship and its Earnings, Insurances and Requisition Compensation are free of Encumbrances;

Appears in 2 contracts

Sources: Facility Agreement (Freeseas Inc.), Supplemental Agreement (FreeSeas Inc.)

Registration and Encumbrances. is permanently registered in the name of the relevant Owner under the laws and flag of the relevant Flag State through the relevant Registry and that such Relevant the First Ship and its Earnings, Insurances and Requisition Compensation are free of Encumbrances;

Appears in 1 contract

Sources: Facility Agreement (Globus Maritime LTD)

Registration and Encumbrances. is permanently or provisionally registered in the name of the relevant Owner Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that such Relevant Ship and its Earnings, Insurances and Requisition Compensation (as defined in the relevant Ship Security Documents) are free of Encumbrances;

Appears in 1 contract

Sources: Loan Agreement (Mc Shipping Inc)

Registration and Encumbrances. is permanently registered in the name of the relevant Owner Relevant Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that such Relevant Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Deed of Covenant) are free of Encumbrances;

Appears in 1 contract

Sources: Loan Agreement (Poseidon Containers Holdings Corp.)

Registration and Encumbrances. is permanently registered in the name of the relevant Owner through the relevant Registry under the laws and flag of the relevant Flag State through the relevant Registry and that such Relevant Ship and its Earnings, Insurances and Requisition Compensation (as defined in the relevant Ship Security Documents) are free of Encumbrances;

Appears in 1 contract

Sources: Facility Agreement (Aries Maritime Transport LTD)