Common use of Authorisations Clause in Contracts

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the Ship of any Transaction Document to which it is a party; (iii) own and operate the Ship (in the case of the Borrower); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender Facility Agent of, any applicable Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a partyparty in accordance with its terms; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the Ship of any Transaction Document to which it is a partyparty in accordance with its terms; (iii) own and operate the Ship (in the case of the Borrower); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an applicable Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect;; and (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party;; and (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and. (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor Borrower shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender Facility Agent of, any applicable Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a partyparty in accordance with its terms; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a partyparty in accordance with its terms; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an applicable Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); andand 72 EUROPE/78518215v5 (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor Borrower shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect;; and (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party;; and (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and; (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions Laws or, by reason of SanctionsSanctions Laws, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; ; and 70 (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any 66 EUROPE/80414857v4 provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor Borrower shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the Ship of any Transaction Document to which it is a party; (iii) own and operate the Ship (in the case of the Borrower); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor Borrower shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect;; and (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party;; and (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor Borrower would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor Borrower shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the Ship each Ship, of any Transaction Document to which it is a party; (iii) the Borrowers to own and Guarantor B to operate the Ship (in the case of the Borrower)each Ship; and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor a Borrower would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect;; and (b) supply certified copies to the Lender of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the each Ship of or any Transaction Document to which it is a party;; and (iii) own and operate the Ship (in the case of the a Borrower); and, own and operate its Ship. (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an that Transaction Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect;; and (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the Ship each Ship, of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid or remedy (as applicable) such breach or to enable such performance.. 80 EUROPE/78117511v9

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to:: 81 EUROPE/78937797v7 (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor Borrower shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor a Borrower would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any 56 EUROPE/78974442v6 provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerGuarantors); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor Borrower shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and or in the state of the Approved Flag at any time of the each Ship of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor a Borrower would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.

Authorisations. Each Obligor Borrower shall, and shall procure that each other Transaction Obligor will, promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; (b) supply certified copies to the Lender Facility Agent of, any Authorisation required under any law or regulation of a Relevant Jurisdiction or the state of the Approved Flag at any time of the each Ship to enable it to: (i) perform its obligations under the Transaction Documents to which it is a party; (ii) ensure the legality, validity, enforceability or admissibility in evidence in any Relevant Jurisdiction and in the state of the Approved Flag at any time of the Ship each Ship, of any Transaction Document to which it is a party; (iii) own and operate the each Ship (in the case of the BorrowerBorrowers); and (c) without prejudice to the generality of the above, ensure that if, but for the obtaining of an Authorisation, an Obligor a Borrower would be in breach of any of the provisions of this Agreement which relate to Sanctions or, by reason of Sanctions, would be prohibited from performing any provision of this Agreement, such an Authorisation is obtained so as to avoid such breach or to enable such performance.