Common use of Operation of the Vessel Clause in Contracts

Operation of the Vessel. Except when the Vessel has been in Government Use, the Shipowner shall not (1) cause or permit the Vessel to be operated in any manner contrary to applicable law, rule, or regulation of its country of documentation, all applicable treaties, conventions, or international agreements to which that country is a signatory and the laws, rules, and regulations of the ports it serves, (2) abandon the Vessel in any port unless there has been an actual or constructive total loss or an agreed or compromised total loss of the Vessel.

Appears in 2 contracts

Samples: Security Agreement (Pride International Inc), Security Agreement (Pride International Inc)

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Operation of the Vessel. Except when the Vessel has been in Government Use, the The Shipowner shall not (unless otherwise required by any military authority of the United States and except during a Government Use (1) cause or permit the Vessel to be operated in any manner contrary to applicable law, rule, law or regulation of its country of documentation, all applicable treaties, conventions, to any lawful rules or international agreements to which that country is a signatory and the laws, rules, and regulations of the ports it servesMaritime Administration, or (2) abandon the Vessel in any port unless there has been an actual or constructive total loss or an agreed or compromised total loss of the Vessel, abandon the Vessel in any foreign port.

Appears in 1 contract

Samples: Security Agreement (Ensco International Inc)

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Operation of the Vessel. Except The Shipowner shall not (except when the Vessel has been is in Government Use, the Shipowner shall not ) (1) cause or permit the Vessel to be operated in any manner contrary to applicable law, rule, law or regulation of its country of documentation, all applicable treaties, conventions, to any lawful rules or international agreements to which that country is a signatory and the laws, rules, and regulations of the ports it servesMaritime Administration, or (2) abandon the Vessel in any port unless there has been an actual or constructive total loss or an agreed or compromised total loss of the Vessel, abandon the Vessel in any foreign port.

Appears in 1 contract

Samples: Security Agreement (Chiles Offshore Inc/New/)

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