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

Ship’s name and registration. The Owner shall keep the Ship registered in its name as a Greek ship at the port of Piraeus and shall not do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the port of registry of the Ship without the Lender’s consent (to be given on such terms and conditions as the Lender may determine). The Ship’s name may be changed by the Owner but only after prior written notification to the Lender of the proposed name has been given with an undertaking to provide an updated transcript of register (or equivalent document) forthwith upon such change of name being effected.

Ship’s name and registration. The Owner shall keep the Ship registered in its name as a Greek ship at the port of Piraeus and shall not do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the port of registry of the Ship without except with the Lender’s prior written consent of the Agent (with the authorisation of the Majority Lenders) and to be given on such terms and conditions as the Lender may determine)Agent shall impose, including, but not limited to provision of security on terms acceptable to the Majority Lenders. The Ship’s name may be changed by the Owner but only after prior written notification to the Lender Agent of the proposed name has been given with an undertaking to provide an updated transcript of register (or equivalent document) forthwith upon such change of name being effected.

Ship’s name and registration. The Each Owner shall keep the Ship owned by it registered in its name as a Greek ship at the port of Piraeus and shall not do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the port of registry of the Ship without the Lender’s consent (to be given on such terms and conditions as the Lender may determine)that Ship. The A Ship’s name may be changed by the Owner of it but only after prior written notification to the Lender Agent of the proposed name has been given with an undertaking to provide an updated transcript of register (or equivalent document) forthwith upon such change of name being effected.

Ship’s name and registration. The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name as a Greek ship at the port of Piraeus and ship, shall not do or allow to be done anything as a result of which such registration might be cancelled or imperilled; imperilled and shall not change the port of registry of the Ship without the Lender’s consent (to be given on such terms and conditions as the Lender may determine)that Ship. The A Ship’s name may be changed by the Owner of it but only after prior written notification to the Lender Agent of the proposed name has been given with an undertaking to provide an updated transcript of register (or equivalent document) forthwith upon such change of name being effected.