Common use of Class confirmation Clause in Contracts

Class confirmation. evidence from the Classification Society that each Vessel is classed with the class notation (referred to in the Mortgage relative thereto), with the Classification Society or to a similar standard with another classification society of like standing to be specifically approved by the Lender and remains free from any overdue requirements or recommendations affecting her class;

Class confirmation. evidence from the Classification Society that each the Vessel is classed with the class notation (referred to in the Mortgage relative theretoMortgage), with the Classification Society or to a similar standard with another classification society of like standing to be specifically approved by the Lender and remains free from any overdue requirements or recommendations affecting her class;