Common use of Registration and Encumbrances Clause in Contracts

Registration and Encumbrances. the Ship is registered in the name of the Lessor in the Registry and that the Ship and its Earnings, Insurances and the Requisition Compensation are free from Encumbrances other than Permitted Encumbrances;

Registration and Encumbrances. the Ship is registered in the name of the relevant Lessor in the Registry and that the such Ship and its Earnings, Insurances and the Requisition Compensation are free from Encumbrances other than Permitted Encumbrances;