Common use of Ship’s name and registration Clause in Contracts

Ship’s name and registration. Each Guarantor shall: (a) keep the Ship owned by it registered in its name under the law of the Approved Flag; (b) not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperiled; and (c) not change the name or port of registry on which such Ship was registered when it became subject to a Mortgage.

Ship’s name and registration. Each Guarantor shall: (a) keep the Ship owned by it registered in its name under the law of the an Approved Flag; (b) not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperiled; and (c) not change the name or port of registry on which such Ship was registered when it became subject to a Mortgage.

Ship’s name and registration. Each The Corporate Guarantor shall: (a) shall keep the Ship owned by it registered in its name under the law of the Approved Flag; (b) ; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperiledimperilled; and (c) and shall not change the name or port of registry of the Ship without the prior written consent of the Agent (acting on which such Ship was registered when it became subject to a Mortgagethe authority of the Majority Lenders).

Ship’s name and registration. Each The Borrower shall procure that each Corporate Guarantor shall: (a) shall keep the Ship owned by it registered in its name under the law of the an Approved Flag; (b) ; shall procure that each Corporate Guarantor shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperiledimperilled; and (c) and shall procure that each Corporate Guarantor shall not change the name or port of registry on which such Ship was registered when it became subject to a Mortgageof that Ship.

Ship’s name and registration. Each The Borrower shall procure that each Guarantor shall: (a) shall keep the Ship owned by it registered in its name under the law an Approved Flag free of the Approved Flag; (b) any Security Interest other than a Permitted Security Interest; and shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperiledimperilled; and (c) not and shall not, without the prior written consent of the Security Trustee change the name or port of registry on which such of the Ship was registered when it became subject to a Mortgageowned by it.

Ship’s name and registration. Each The Borrower shall procure that each Guarantor shall: (a) shall keep the Ship owned by it registered in its name under the law of the an Approved Flag; (b) ; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperiledimperilled; and (c) and shall not change the name or port of registry on which of any Ship without the prior written approval of the Agent, such Ship was registered when it became subject approval not to a Mortgagebe unreasonably withheld.

Ship’s name and registration. Each The Borrower shall procure that each Guarantor shall: (a) and each Collateral Guarantor shall keep the Ship owned by it registered in its name under the law an Approved Flag free of the Approved Flag; (b) any Security Interest other than a Permitted Security Interest; and shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperiledimperilled; and (c) not and shall not, without the prior written consent of the Security Trustee change the name or port of registry on which such of the Ship was registered when it became subject to a Mortgageowned by it.

Ship’s name and registration. Each Guarantor shall: (a) keep the shall in relation to each Ship owned by it keep that Ship registered in its name under the law flag of the Approved Flag; (b) that Ship; shall not do, do nor omit to do or nor allow to be done anything as a result of which such registration might be cancelled or imperiledimperilled; and (c) and shall not change the name or port of registry on which such Ship was registered when it became subject to a Mortgageof that Ship.