Common use of Class Certificate Clause in Contracts

Class Certificate. Furnish, or cause to be furnished, to the Agent, upon any change of a Vessel's classification status or the issuance of a recommendation affecting class by a Vessel's classification society or upon the Agent's reasonable request (to be made no more than once in any calendar year), a confirmation of class certificate covering each Vessel and evidencing compliance with the applicable provisions of the Mortgage thereon within thirty (30) days of such change or such request;