Common use of Compliance with ISPS Code Clause in Contracts

Compliance with ISPS Code. the Borrowers have a valid and current ISSC in respect thereof and comply and the Operator complies, with the requirements of the ISPS Code and the ISSC which shall be issued in respect of each Vessel shall remain valid throughout the Security Period;

Compliance with ISPS Code. the Borrowers have each Borrower has a valid and current ISSC in respect thereof and comply and the Operator complies, with the requirements of the ISPS Code and the ISSC which shall be issued in respect of each its Vessel shall remain valid throughout the Security Period;

Compliance with ISPS Code. the Borrowers have each Borrower has a valid and current ISSC in respect thereof of its Ship and comply it is and will be in full compliance with the ISPS Code; and the Operator complies, complies with the requirements of the ISPS Code and the ISSC which shall be issued in respect of each Vessel Ship shall remain valid throughout the Security Period;