Common use of Arrest Clause in Contracts

Arrest. The Borrowers shall pay and discharge when due: (a) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Vessels, the Earnings or the Insurances; (b) all tolls, taxes, dues, fines, penalties and other amounts charged in respect of the Vessels, the Earnings or the Insurances; and (c) all other outgoings whatsoever in respect of the Vessels, the Earnings and the Insurances, and forthwith (however not later than after twenty (20) Business Days) upon receiving a notice of arrest of a Vessel, or its detention in exercise or purported exercise of any lien or claim, the Borrowers shall procure its release by providing bail or providing the provision of security or otherwise as the circumstances may require.

Arrest. The Borrowers Borrower shall pay and discharge when due: (a) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the VesselsVessel, the Earnings or the Insurances; (b) all tolls, taxes, dues, fines, penalties and other amounts charged in respect of the VesselsVessel, the Earnings or the Insurances; and (c) all other outgoings whatsoever in respect of the VesselsVessel, the Earnings and the Insurances, and forthwith (however not later than after twenty (20) Business Days) upon receiving a notice of arrest of a the Vessel, or its detention in exercise or purported exercise of any lien or claim, the Borrowers Borrower shall procure its release by providing bail or providing the provision of security or otherwise as the circumstances may require.

Arrest. The Borrowers shall pay and discharge when due: (a) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Vesselsa Vessel, the its Earnings or the its Insurances; (b) all tolls, taxes, dues, fines, penalties and other amounts charged in respect of the Vesselsa Vessel, the its Earnings or the its Insurances; and (c) all other outgoings whatsoever in respect of the Vesselsa Vessel, the its Earnings and the its Insurances, and forthwith (however not later than after twenty thirty (2030) Business Days) upon receiving a notice of arrest of a Vessel, or its detention in exercise or purported exercise of any lien or claim, the Borrowers shall procure its release by providing bail or providing the provision of security or otherwise as the circumstances may require.

Arrest. The Borrowers shall pay and discharge when due: (a) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Vessels, the Earnings or the Insurances; (b) all tolls, taxes, dues, fines, penalties and other amounts charged in respect of the Vessels, the Earnings or the Insurances; and (c) all other outgoings whatsoever in respect of the Vessels, the Earnings and the Insurances, and forthwith (however not later than after twenty thirty (2030) Business Dayscalendar days) upon receiving a notice of arrest of a Vessel, or its detention in exercise or purported exercise of any lien or claim, the Borrowers shall procure its release by providing bail or providing the provision of security or otherwise as the circumstances may require.

Arrest. The Borrowers Borrower shall pay and discharge when due: (a) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the VesselsVessel, the its Earnings or the its Insurances; (b) all tolls, taxes, dues, fines, penalties and other amounts charged in respect of the VesselsVessel, the its Earnings or the its Insurances; and (c) all other outgoings whatsoever in respect of the VesselsVessel, the its Earnings and the its Insurances, and forthwith (however not later than after twenty thirty (2030) Business Days) upon receiving a notice of arrest of a the Vessel, or its detention in exercise or purported exercise of any lien or claim, the Borrowers Borrower shall procure its release by providing bail or providing the provision of security or otherwise as the circumstances may require.