Common use of The Shipowner Clause in Contracts

The Shipowner. (a) forthwith upon the effecting of any Obligatory Insurances, will give written notice thereof to the Mortgagee stating the full particulars (including the dates and amounts) thereof; (b) will cause the brokers and the managers of any protection and indemnity or war risks association in which the Vessel may be entered:

Appears in 2 contracts

Sources: Eighth Supplemental Indenture (Navios Maritime Holdings Inc.), Indenture (Navios Maritime Holdings Inc.)