Common use of Compliance with ISM Code Clause in Contracts

Compliance with ISM Code. Each Vessel and any Operator complies with the requirement s of the ISM Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto;

Appears in 2 contracts

Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)

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Compliance with ISM Code. Each Vessel and any each Operator complies with the requirement s requirements of the ISM Code, Code including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto;

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

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Compliance with ISM Code. Each each Vessel complies or, when applicable, will comply and any each Operator complies with the requirement s requirements of the ISM Code, Code including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto;

Appears in 1 contract

Samples: Secured Credit Facility Agreement (Teekay Shipping Corp)

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